Streetbeat News

Earnings

NNDM

Nano Dimension has reported initial Q2 sales of $14.8 million.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:01 pm

ANGO

DAKT

MLKN

OPTT

PCYO

TH

THTX

Earnings reports are scheduled for July 12, 2023. Companies reporting before the bell include Theratechnologies, Target Hospitality, Daktronics, and AngioDynamics. After the bell, MillerKnoll, Pure Cycle, and Ocean Power Techs will report their earnings.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 12:59 pm

DAL

Delta Air Lines, Inc. (NYSE:DAL) is expected to report higher Q2 earnings of $2.37 per share, up from $1.44 per share a year ago. The company's revenue is projected to be $14.45 billion. Delta Air shares rose 0.4% to close at $48.66 on Tuesday. Several analysts have recently updated their price targets for the company, with most predicting an upside.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:58 pm

IGC

India Globalization Capital, Inc. (IGC) reported its FY23 earnings per share (EPS) at $(0.22), an improvement from $(0.30) year over year (YoY). The company's revenue also increased to $911K, up from $397K YoY.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:50 pm

ANGO

AngioDynamics Inc reported Q4 FY23 adjusted EPS of $0.02, in line with consensus and higher than $0.01 a year ago. Q4 sales increased 4.7% Y/Y to $91.07 million, beating the analyst consensus of $90.3 million. However, the company reported a Q4 loss of $21.46 million, much wider than $6.27 million reported a year ago. The company's shares are down 2.52% in premarket trading.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 12:29 pm

TTOO

T2 Biosystems reported lower than expected preliminary Q2 sales of $2 million, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:26 pm

CMC

HAL

MORN

SIG

Insiders at Signet Jewelers (SIG), Halliburton (HAL), Morningstar (MORN), and Commercial Metals (CMC) have recently sold significant amounts of shares. Signet Jewelers lowered its FY24 guidance below consensus, Halliburton plans to sign a long-term strategic pact with Var Energi ASA for drilling services, Morningstar reported lower Q1 EPS year over year, and UBS initiated coverage on Commercial Metals with a Buy rating and a price target of $63.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:21 pm

TTOO

T2 Biosystems expects its FY23 total sepsis and related product revenue to be between $9.5M and $10.5M, representing a YoY growth of 13-5%. The company also anticipates preliminary Q2 total revenue of $2M.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:10 pm

CHT

CNVS

IDT

The article lists three oversold stocks in the communication services sector that are expected to perform well in July. These include IDT Corporation (NYSE:IDT), Chunghwa Telecom Co., Ltd. (NYSE:CHT), and Cineverse Corp. (NASDAQ:CNVS). All three companies have reported positive financial results recently, despite facing challenges.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:03 pm

GMGI

Golden Matrix Group Inc. (GMGI) anticipates its Q3 revenues to surpass $10 million.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:03 pm