Streetbeat News

Earnings

VALE

Vale (NYSE:VALE) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $0.57. The company's past performance shows a mixed trend of beating and missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $15.17, up 10.21% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:01 pm

FMX

Fomento Economico (NYSE:FMX) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $0.92. The company's past performance shows a mixed trend of beating and missing EPS estimates. The stock price has seen varied changes post-earnings announcements. The shares were trading at $108.29 as of July 25, with a 74.02% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:01 pm

TTE

TotalEnergies (NYSE:TTE) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $2.22. The company's past performance shows a trend of beating EPS estimates and subsequent increases in share price. TotalEnergies shares were trading at $60.36 as of July 25, with a 52-week increase of 21.12%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:01 pm

WW

An option alert has been issued for WW International, with a sweep of 300 calls at $1.0 for August 4, $12 calls, compared to an open interest of 253. The company is set to announce earnings on August 3, after market close. The reference price is $11.46.

Portfolio Pulse from Charles Gross

July 26, 2023 | 1:54 pm

SPWR

SunPower Corp (NASDAQ:SPWR) shares dropped by around 15% after the company reported below-consensus Q2 revenues and a reduced 2023 outlook. The company expects Q2 revenues of $464 million, up 11% Y/Y, but below the consensus of $483.76 million. The company also reduced its 2023 outlook, including a cut in guidance of residential customers and a lowered outlook for residential adjusted EBITDA/customer.

Portfolio Pulse from Lekha Gupta

July 26, 2023 | 1:52 pm

GD

General Dynamics' CEO has announced that the company's FY23 margins will shrink by 40 basis points compared to previous guidance. However, the EPS estimate remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:50 pm

GD

General Dynamics CEO has revised the company's FY23 total revenue estimate upwards by $1.2B to $42.45B, compared to the previous estimate of $41.48B.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:50 pm

GSK

GSK plc reported Q2 FY23 sales of £7.18 billion ($8.97 billion), up 4% Y/Y, in line with consensus. Adjusted EPS of $0.97 beat the Wall Street estimate of $0.87. The company raised its 2023 outlook, expecting turnover to rise by 8%-10% and adjusted operating profit to increase 11%-13%. The results come ahead of the U.S. launch of the company's respiratory syncytial virus vaccine.

Portfolio Pulse from Vandana Singh

July 26, 2023 | 1:37 pm

BA

Boeing Co's Q2 FY23 results beat Street expectations with an 18% YoY revenue increase to $19.75 billion. The company recorded a loss from operations of $99 million, compared to a profit of $780 million a year ago. Commercial Airplanes revenue increased by 41% YoY to $8.84 billion, and deliveries increased by 12%. The company reduced its debt to $52.3 billion from $55.4 billion during the quarter. BA shares are trading higher by 3.88% at $222.43 premarket on Wednesday.

Portfolio Pulse from Akanksha Bakshi

July 26, 2023 | 1:27 pm

ENPH

SEDG

SPWR

Solar stocks are trading lower following Sunpower's weak preliminary Q2 results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:24 pm