Streetbeat News

Earnings

NVS

Novartis (NYSE:NVS) is set to host a conference call on July 18, 2023, to discuss its Q2 2023 earnings results. The call will provide an opportunity for investors to gain insights into the company's recent performance and future expectations.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 11:30 am

UNH

UnitedHealth Group (NYSE:UNH) is set to host a conference call on July 14, 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 06, 2023 | 11:15 am

KRUS

Kura Sushi USA, Inc. (NASDAQ:KRUS) is expected to report higher Q3 2023 earnings of 13 cents per share, up from 5 cents per share a year ago. The company's revenue is projected to be $49.57 million. The stock closed at $87.57 on Wednesday, down 4.1%. Analysts have given mixed price targets, with the highest being $90 and the lowest $53.

Portfolio Pulse from Lisa Levin

July 06, 2023 | 11:09 am

LEVI

META

QQQ

SPY

Stock futures indicate a potential slump in Thursday's session due to surging bond yields and investor concerns about potential rate hikes. The major indexes closed in the red on Wednesday, led by declines in the IT, energy, industrial, and financial sectors. In premarket trading on Thursday, the SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco QQQ ETF (NASDAQ:QQQ) both fell. Meta Platforms, Inc. (NASDAQ:META) rose in premarket trading after a price target increase, while Levi Strauss & Co. (NYSE:LEVI) is set to report its quarterly earnings.

Portfolio Pulse from Shanthi Rexaline

July 06, 2023 | 11:06 am

BKE

Buckle Inc. reported a decrease in its June comparable store net sales by 2.4% and overall net sales by 1.8% to $108M. The company also reported a 7.3% decrease in comparable store net sales and a 6.5% decrease in net sales to $480.2M for the 22-week period ended July 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:53 am

BITF

BTAI

BTBT

CLSK

HUT

MARA

PERI

RIOT

Perion Network, CleanSpark, BioXcel Therapeutics, Bit Digital, Hut 8 Mining Corp, Riot Platforms, Marathon Digital Holdings, and Bitfarms Ltd are all experiencing pre-market gains. Perion Network's shares climbed following Q2 preliminary results, CleanSpark gained after a Bitcoin mining update, BioXcel surged after releasing topline results from a Phase 3 trial, and the remaining companies rose following an increase in Bitcoin prices.

Portfolio Pulse from Lisa Levin

July 06, 2023 | 10:51 am

PKE

Park Aerospace (NYSE:PKE) reported Q1 earnings of $0.12 per share, a 33.33% increase YoY. The company also reported $15.55 million in sales, a 21.65% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:32 am

COTY

Coty Inc has raised its Q4 and FY23 outlook due to strong demand growth in most categories and markets. The company increased its Q4 FY23 guidance for revenue growth to +12% to +15% and projects FY23 core revenue growth of 10%-11%. The company also raised guidance for FY23 adjusted EBITDA to $965 million-$970 million. The guidance reflects a negative FX impact of $70 million in FY23. Coty's shares are trading higher by 1.84% at $12.75 premarket.

Portfolio Pulse from Lekha Gupta

July 06, 2023 | 10:20 am

SOHO

Sotherly Hotels has reported its same-store portfolio metrics, indicating year-over-year gains driven by urban markets. The company's stock symbol is SOHO.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:11 am

PERI

Perion Network reported preliminary results for Q2 of 2023 that exceeded street expectations, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 9:48 am