Streetbeat News

Earnings

AMD

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading higher by 0.74% to $113.79, potentially in sympathy with ON Semiconductor after the latter reported strong earnings. ON Semiconductor's better-than-expected earnings may be interpreted as a sign of overall market strength, boosting investor confidence in the broader semiconductor industry, including AMD.

Portfolio Pulse from Henry Khederian

July 31, 2023 | 5:19 pm

HAS

B of A Securities analyst Jason Haas has upgraded Hasbro Inc (NASDAQ:HAS) from Neutral to Buy and raised the price target from $68 to $85. The upgrade is based on the expected earnings beat in the second quarter, driven by strong demand for The Lord of the Rings Magic set and the success of recent films. The sale of Hasbro's eOne film and TV studio is also seen as a potential positive catalyst for the earnings release.

Portfolio Pulse from Shivani Kumaresan

July 31, 2023 | 5:15 pm

AAPL

Apple Inc.'s stock is close to the $200 mark, creating anticipation for a potential breakthrough. The stock has shown a bullish trend, surging by over 50% this year. The release of Q3 earnings, anticipated to be 1.08 EPS, is a key factor in assessing Apple's financial stability and growth potential. The stock closed at $195.83, trading up by 1.29% on Friday, July 28.

Portfolio Pulse from Zaheer Anwari

July 31, 2023 | 5:10 pm

CMG

Chipotle's shares are trading higher, rebounding after a drop last week due to Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:07 pm

ON

QCOM

QUALCOMM shares are trading higher, possibly in sympathy with onsemi, which saw a rise following strong earnings.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 5:04 pm

TRTN

Triton International (NYSE:TRTN) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $2.29. The company's past performance shows a trend of beating EPS estimates. The stock price has increased by 32.44% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:04 pm

TAP

Molson Coors Beverage (NYSE:TAP) is set to release its quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $1.59. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $70.55, up 30.22% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:04 pm

SPWR

SunPower (NASDAQ:SPWR) is set to release its quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an EPS of $-0.03. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $9.26, down 55.16% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:04 pm

ESAB

ESAB (NYSE:ESAB) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $1.04. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. ESAB's shares were trading at $67.5 as of July 28, with a 58.49% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:03 pm

AXTA

Axalta Coating Sys (NYSE:AXTA) is set to release its quarterly earnings report on Tuesday, 2023-08-01, with an estimated EPS of $0.39. The company's past performance shows a mixed impact on the share price post-earnings announcement. The stock is currently trading at $32.35 and has seen a 26.46% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:03 pm