Streetbeat News

Earnings

EVO

Evotec (NASDAQ:EVO) is set to release its latest quarterly earnings report on August 29, 2023. Analysts estimate an earnings per share (EPS) of $-0.04. The company's past performance shows a mix of EPS estimates and actuals, with the stock price fluctuating accordingly. Shares of Evotec were trading at $11.32 as of August 25, with a 52-week return of -0.58%.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:01 pm

SJM

JM Smucker (NYSE:SJM) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $2.04. Last quarter, the company beat EPS by $0.27, resulting in a 1.5% increase in the share price the next day. Shares of JM Smucker were trading at $142.1 as of August 25, with a 1.71% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:00 pm

BBY

Best Buy Co (NYSE:BBY) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $1.06. The company's past performance shows it beat EPS estimates last quarter, resulting in a 4.28% increase in share price. However, the stock has been down 1.83% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:00 pm

CSE:MTLC

MTL Cannabis Corp. (CSE:MTLC) reported Q1 2023 financial results, showing a 121% YoY increase in net revenue to $12,763,787 CAD. Gross profits reached $3,274,781 CAD, a rise from the previous year. However, operating income declined to $599,599 CAD. The company also reported net cash inflows from operating activities of $2,140,029 CAD, a significant improvement from a deficit in the same quarter last year.

Portfolio Pulse from Nicolás Jose Rodriguez

August 28, 2023 | 2:48 pm

CCOI

JFIN

LILAK

LSXMK

Benzinga Insights has identified five value stocks in the communication services sector that may be worth watching. These include Liberty SiriusXM Gr (LSXMK), Cogent Comms Hldgs (CCOI), Scienjoy Holding (SJ), Jiayin Gr (JFIN), and Liberty Latin America (LILAK). The selection is based on the price-to-earnings (P/E) multiple, a common measure of value. The report also includes recent earnings per share data for each company.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:47 pm

A significant investor has taken a bullish stance on Boeing (NYSE:BA), with 62% of the investors opening trades with bullish expectations and 37% with bearish. The whales have been targeting a price range from $190.0 to $260.0 for Boeing over the last 3 months. The price of BA is up 0.76% at $225.1. The next earnings are expected to be released in 58 days.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:46 pm

ABVC

BNTX

KERN

QNRX

SPOK

The article identifies five value stocks in the healthcare sector: Spok Holdings (SPOK), ABVC BioPharma (ABVC), BioNTech (BNTX), Akerna (KERN), and Quoin Pharmaceuticals (QNRX). These stocks are considered undervalued based on their low price-to-earnings (P/E) multiples. The article also provides updates on each company's recent earnings per share and notes that value stocks may take time to rebound from their undervalued positions.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:45 pm

NIO

TSLA

XPEV

NIO Inc. shares are down over 8% in the last month due to pressure from competitors Tesla and XPeng in the EV market. Tesla has recently lowered its vehicle prices in China, while XPeng announced a partnership with Didi to boost Smart EV adoption. Nio is set to announce its Q2 financial results on Tuesday, with an expected loss of 36 cents per share and revenue of $1.35 billion.

Portfolio Pulse from Erica Kollmann

August 28, 2023 | 2:40 pm

AXR

CHCI

FOR

FPH

SACH

The article identifies Five Point Holdings (FPH), Comstock Holding Co (CHCI), Forestar Group (FOR), Amrep (AXR), and Sachem Cap (SACH) as notable value stocks in the real estate sector. It also provides their P/E ratios and recent earnings per share data. The article suggests that while value stocks may take time to rebound, they carry the risk that the expected emergence may never materialize.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 2:39 pm

IDEX

Ideanomics reported a year-over-year decrease in Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 2:37 pm