Streetbeat News

Earnings

MPC

Marathon Petroleum (NYSE:MPC) is set to release its quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $4.55. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. Shares are currently trading at $131.83, up 42.6% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:02 pm

EA

Electronic Arts (NASDAQ:EA) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $1.01. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $137.85, up 6.42% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:01 pm

BP

BP (NYSE:BP) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $1.17. Last quarter, the company beat EPS by $0.26, which was followed by a 0.87% drop in the share price. BP's shares were trading at $36.71 as of July 28, with a 26.92% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 3:01 pm

GABC

German American Bancorp reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.67 by 11.94 percent. However, this is a 7.41 percent decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 3:00 pm

PLTR

Shares of Palantir Technologies, Inc. (NYSE:PLTR) are trading higher on above-average volume, continuing the upward momentum from last week. This follows an Outperform rating and $25 price target from Wedbush analyst Dan Ives. The stock is trending among retail investors on StockTwits and Yahoo! Finance. Palantir is set to release its Q2 financial results on August 7, with an expected EPS of 5 cents and revenue of $529.94 million.

Portfolio Pulse from Erica Kollmann

July 31, 2023 | 2:54 pm

DIA

IWM

QQQ

SPY

Major indexes are experiencing an uptick due to positive market sentiment following recent earnings reports and last week's inflation data.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 2:53 pm

CURR

Avenir Wellness Solutions, Inc. (OTCPK:CURR) reported Q1 2023 results with net revenue of $1.2 million, a 15.1% YoY increase and 35.6% sequential growth from Q4 2022. Gross profit was $977,000, and gross margin was 78.9%. The company ended the period with $1.4 million in cash. However, a delay in receiving proceeds from a July 2022 asset sale will negatively impact Q2. The company's shares were trading 20.05% higher at $0.1 per share.

Portfolio Pulse from Vuk Zdinjak

July 31, 2023 | 2:48 pm

KT

LIZI

NXST

STCN

UONE

Benzinga Insights has identified five value stocks in the communication services sector that may be worth watching: KT, Lizhi, Steel Connect, Urban One, and Nexstar Media Gr. These stocks were selected based on their low P/E multiples, indicating they may be undervalued. The earnings per share for these companies have shown varied performance, with some increasing and others decreasing.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:46 pm

GE

General Electric Co (GE) announced better-than-expected Q2 results, driven by all three of its segments. However, Oppenheimer analyst Christopher Glynn downgraded the stock from Outperform to Perform, citing valuation concerns. GE shares have risen by 35% since the last upgrade in December 2022.

Portfolio Pulse from Priya Nigam

July 31, 2023 | 2:46 pm

ACRX

ALLR

DVAX

INVA

OGN

The article provides an overview of value stocks in the healthcare sector, highlighting five companies: AcelRx Pharmaceuticals, Innoviva, Allarity Therapeutics, Organon, and Dynavax Technologies. These companies have been identified as undervalued based on their low price-to-earnings (P/E) multiples. The article also provides updates on the companies' Q1 earnings per share and dividend yield (in the case of Organon).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 2:45 pm