Streetbeat News

Earnings

LEVI

Levi Strauss (NYSE:LEVI) is set to release its quarterly earnings report on July 6, 2023. Analysts estimate an earnings per share (EPS) of $0.03. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $14.4, down 14.02% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 2:00 pm

COTY

Coty Inc. has seen a significant increase in the volume of its $12.5 call options, with 8932 contracts traded at the ask price of $0.13, compared to the open interest of 5399. The company is expected to release its earnings report on August 24 before the market opens. The reference price is $12.33.

Portfolio Pulse from Charles Gross

July 05, 2023 | 1:41 pm

AMZN

BYDDY

LI

NIO

RIVN

TSLA

XPEV

Several electric vehicle (EV) manufacturers, including Tesla, BYD, XPeng, Rivian, Li Auto, and Nio, reported record deliveries in Q2. Tesla and BYD achieved record deliveries of their made-in-China EVs. Rivian tripled its EV production and deliveries in Q2, achieving a new all-time high. Li Auto and Nio also reported strong delivery numbers. Despite a challenging macroeconomic environment in China and intense competition, XPeng saw a 27% quarter-on-quarter improvement in deliveries.

Portfolio Pulse from Upwallstreet

July 05, 2023 | 1:29 pm

F

VLVLY

Volvo Cars reported a 33% YoY increase in sales for June 2023, with sales of electric vehicles quadrupling. The company, owned by Zhejiang Geely Holding and previously part of Volvo AB and Ford Motor Company, saw a 129% increase in its Recharge line-up of chargeable models. Sales in the U.S. and Europe surged 53% and 70% respectively, while sales in China decreased by 6%. The top selling model was Volvo XC60.

Portfolio Pulse from Shivani Kumaresan

July 05, 2023 | 1:00 pm

ASML

ASML Holding (NASDAQ:ASML) is set to host a conference call on July 19, 2023, to discuss its Q2 2023 earnings results. The conference call allows the company to publicly discuss their recent earnings reports and future performance expectations.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:55 pm

LECI

Levi Strauss & Co. (NYSE:LECI) is expected to report a sharp drop in its Q2 earnings, with analysts predicting earnings of 3 cents per share, down from 23 cents per share a year ago. The company's revenue is expected to be around $1.34 billion. Several analysts have recently adjusted their price targets for the company, with the most accurate analysts predicting an upside of 11% to 32% in the company's stock.

Portfolio Pulse from Lisa Levin

July 05, 2023 | 12:35 pm

SDIG

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) has reported a 43% growth in Bitcoin mining, with 626 Bitcoin mined in Q2 2023. The company has also energized 2,000 Avalon 1346 Bitcoin mining rigs as part of its Canaan Bitcoin Mining Agreement. Stronghold is evaluating opportunities to fill its remaining data center slots and expects to fill its existing 4 EH/s of data center capacity by Q3 2023.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:35 pm

TTI

Tetra Technologies Inc (TTI) has raised its Q2 2023 expectations due to strong operational performance. The company benefits from its industrial calcium chloride business, offshore completion fluids activity, and improved Water and Flowback Services margins. TTI expects revenues at the high end of the previously guided range of $165 million-$175 million, and net income to be above $11.5 million-$13.5 million. The company has also started a lithium feed study and plans to optimize the lithium plant design.

Portfolio Pulse from Lekha Gupta

July 05, 2023 | 12:29 pm

NVNO

enVVeno Medical Corporation (NASDAQ:NVNO) has provided an update on its ongoing SAVVE U.S. pivotal study for the VenoValve, announcing that 57 patients have been enrolled so far, with full enrollment expected by the end of 2023. The company also announced two upcoming investor events. With $34.2 million in cash and investments, and a burn rate of between $4 million and $5 million per quarter, the company has sufficient resources to fund its current operations past the release of topline safety and efficacy data from the SAVVE study and through the end of 2024.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:22 pm

MS

Morgan Stanley (NYSE:MS) is set to host a conference call on July 18, 2023, to discuss its Q2 2023 earnings results. The call will provide insights into the company's recent earnings and future performance expectations.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 12:20 pm