Streetbeat News

Earnings

BRC

CRMT

CTSO

TCOM

Brady Corporation, Trip.com Group Limited, America's Car-Mart, Inc., CytoSorbents, and Zscaler, Inc. are the stocks to watch heading into Tuesday. Brady and America's Car-Mart are expected to report quarterly earnings before the opening bell. Trip.com reported upbeat results for its second quarter. CytoSorbents reported the resignation of its CFO effective Aug. 28, 2023. Zscaler is expected to report quarterly earnings after the closing bell.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 8:10 am

BRC

CRMT

DELL

LULU

The CNN Money Fear and Greed index moved to the 'Greed' zone following the release of the latest jobs report, which showed the U.S. economy added 187,000 jobs in August. Dell Technologies and Lululemon Athletica reported better-than-expected quarterly results, causing their shares to rise. Investors are awaiting earnings results from Brady Corporation, America's Car-Mart, and Zscaler.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 6:34 am

ASAN

Asana, Inc. (NASDAQ:ASAN) is expected to report a narrower loss for Q2 FY2024, with analysts predicting a loss of 11 cents per share compared to a loss of 34 cents per share in the same period last year. The company's revenue is expected to be $157.91 million, up from $134.9 million in the year-ago period. Several analysts have recently adjusted their price targets for Asana, with the most recent changes ranging from $15 to $26.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 6:02 am

TCOM

Trip.com Group (NASDAQ:TCOM) reported Q2 earnings of $0.70 per share, beating the analyst consensus estimate of $0.50 by 40%. This is a 1500% increase over losses from the same period last year. The company also reported quarterly sales of $1.60 billion, beating the analyst consensus estimate of $1.48 billion by 8.11%. This is a 167.11% increase over sales from the same period last year.

Portfolio Pulse from Charles Gross

September 04, 2023 | 10:36 pm

BYD

NIO

TSLA

XPEV

Tesla's China sales rose year-over-year and month-over-month in August, thanks to price cuts. Tesla sold 84,159 made-in-China electric vehicles in August, a 9.4% increase from the previous year and a 30.92% increase from July. This comes amid strong sales reported by domestic EV manufacturers, including Nio, XPeng, Li Auto, and BYD Company. However, Tesla's stock has been stuck since its Q2 results were reported on May 19, due to fears of a further hit to margins from the multiple price cuts.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:02 pm

GRVY

MOMO

SBGI

TGNA

The article lists five value stocks in the communication services sector, which are traditionally undervalued. The stocks mentioned are Verizon Communications, Hello Gr, Sinclair, Tegna, and GRAVITY Co. The article also provides details about their P/E ratios, earnings per share for Q2, and recent dividend yields.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:45 pm

APRE

HSDT

IRON

LFLY

PNT

Benzinga Insights has identified five value stocks in the healthcare sector based on quantified analysis. These include POINT Biopharma Global (PNT), Leafly Holdings (LFLY), Disc Medicine (IRON), Helius Medical Tech (HSDT), and Aprea Therapeutics (APRE). All five companies have reported Q2 earnings per share with varying degrees of increase or decrease compared to Q1.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:44 pm

ARL

LADR

PDM

RITM

Benzinga Insights has identified five value stocks in the real estate sector that may be worth watching: Ladder Cap (LADR), Hersha Hospitality (HT), Rithm Capital (RITM), Piedmont Office Realty (PDM), and American Realty Investors (ARL). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings and dividend yields for each company are also provided.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:39 pm

HQY

HealthEquity (NASDAQ:HQY) is set to release its latest quarterly earnings report on Tuesday, 2023-09-05. Analysts estimate an earnings per share (EPS) of $0.48. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. Shares of HealthEquity were trading at $67.55 as of August 31, with a 52-week increase of 4.7%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:01 pm

GRIN

Grindrod Shipping Hldgs (NASDAQ:GRIN) is set to release its latest quarterly earnings report on Tuesday, 2023-09-05. Analysts estimate an earnings per share (EPS) of $-0.21. The company's past performance shows a trend of share price drops following earnings beats. The company's shares were trading at $8.04 as of August 31, with a 52-week drop of 68.62%.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:01 pm