Streetbeat News

Earnings

WNS

WNS (Hldgs) (NYSE:WNS) is set to release its latest quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $0.93. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $72.43, down 11.45% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:02 pm

DHI

D.R. Horton (NYSE:DHI) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $2.80. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. D.R. Horton's shares were trading at $127.88 as of July 18, with a 67.99% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:02 pm

HTH

Hilltop Hldgs (NYSE:HTH) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.40. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $32.65, up 18.2% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:01 pm

GBCI

Glacier Bancorp (NYSE:GBCI) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.49. The company's past performance shows a trend of share price changes following earnings reports. Last quarter, the company missed EPS by $0.06, resulting in a 7.51% drop in share price. The company's shares are currently trading at $34.15, down 30.12% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:01 pm

HAYN

Haynes International (HAYN) has provided an update on the recent cybersecurity incident and its estimated financial impact on Q3 results. The company experienced a network outage on June 10, 2023, which disrupted production for 11 days. This resulted in an estimated net revenue impact of $18-$20 million, bringing Q3 revenue to $142-$145 million, lower than the estimated $148.32 million. The incident also impacted earnings, with an estimated impact of $0.40-$0.45 on diluted earnings per share. The company expects to recover the shortfall over the next few quarters.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 4:55 pm

USB

US Bancorp reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 4:50 pm

LCID

Lucid Group, Inc. (NASDAQ:LCID) shares are trading more than 3% higher on Wednesday and have gained more than 12% over the last month. Bank of America Securities analyst John Murphy reinstated Lucid Group with a Neutral rating and announced a price target of $8 for LCID. Lucid Group will release its second quarter 2023 financial reports on Aug. 7.

Portfolio Pulse from Erica Kollmann

July 19, 2023 | 4:36 pm

UNH

UnitedHealth Group Inc (UNH) shares are trading higher by 1.35% to $506.89. This is in sympathy with Elevance Health, which reported better-than-expected Q2 financial results and raised guidance. Elevance Health's Q2 EPS was $9.04, a 13.4% YoY increase, and revenue was $43.67 billion, a 13% growth. The increase is attributed to premium rate increases, membership growth in Medicaid and Medicare, and expansion of pharmacy product revenue through the acquisition of BioPlus.

Portfolio Pulse from Henry Khederian

July 19, 2023 | 4:36 pm

TSLA

Tesla Inc (TSLA) shares are trading higher by 1.55% to $297.90 ahead of the company's second-quarter earnings report. The company is expected to report EPS of 82 cents on revenue of $24.48 billion. Investor concerns revolve around the auto gross margin, excluding regulatory credit, due to expected price cuts and discounts. Gene Munster of Deepwater Asset Management anticipates auto gross margins to be around 17-18%, while the market consensus is set at 19%.

Portfolio Pulse from Henry Khederian

July 19, 2023 | 4:33 pm

AMRN

AQMS

CVNA

HROW

MTB

PBLA

SEV

U.S. stocks traded higher with the Nasdaq Composite gaining around 0.5%. M&T Bank Corporation reported better-than-expected Q2 results with a revenue of $2.60 billion, beating the consensus of $2.39 billion. Harrow Health, Panbela Therapeutics, and Carvana Co. saw their shares rise after various positive announcements. However, Sono Group, Amarin Corporation, and Aqua Metals saw their shares drop due to negative news.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 4:18 pm