Streetbeat News

Earnings

ACT

Enact Holdings reported better-than-expected Q2 adjusted EPS results and announced a new $100 million share repurchase program, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:49 am

RIVN

Rivian Automotive has seen a significant option alert for October 20 $35 calls, with 2320 contracts traded near the ask price at $1.3, compared to an open interest of 2758 contracts. The company is set to announce its earnings on August 8, after market close. The reference price is $25.5.

Portfolio Pulse from Charles Gross

August 04, 2023 | 11:49 am

EXTR

Extreme Networks reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:48 am

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $9.92. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $739.07, up 19.85% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am

GTBIF

TSNDF

VRNOF

Cannabis is now legal in Minnesota, making it the 23rd state to legalize adult use. A bill has been filed to prepare for federal cannabis legalization with alcohol-like regulations. The U.S. Senate has approved legislation to protect people from being denied security clearances due to past cannabis use. TerrAscend preannounced stronger-than-consensus Q2 revenues and gross margins and provided robust full-year guidance. Looking ahead to the upcoming earnings, Green Thumb (OTC: GTBIF), Verano (OTC: VRNOF), and TerrAscend (OTC:TSNDF) (TSX:TSND) are favored among the Tier-1 MSOs.

Portfolio Pulse from Todd Harrison

August 04, 2023 | 11:48 am

AL

Air Lease (NYSE:AL) is set to release its quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $1.09. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $42.23 and has seen a 10.16% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am

MUR

Murphy Oil (NYSE:MUR) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $0.75. The company's past performance shows a trend of beating EPS estimates but this has sometimes been followed by a drop in share price. The stock is currently trading at $43.0 and has seen a 28.82% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am

QLYS

Qualys (NASDAQ:QLYS) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an EPS of $1.02. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $139.44, up 6.96% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am

RMD

ResMed (NYSE:RMD) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $1.67. The company's past performance shows it beat EPS estimates last quarter, resulting in a 6.95% increase in share price. However, ResMed's shares have been down 6.46% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am

DVA

DaVita (NYSE:DVA) is set to release its latest quarterly earnings report on August 3, 2023. Analysts estimate an earnings per share (EPS) of $1.66. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $102.39 and has seen a 20.41% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:48 am