Streetbeat News

Earnings

GLBE

Global E Online (NASDAQ:GLBE) is set to release its latest quarterly earnings report on May 22, 2023. Analysts estimate an EPS of $-0.29. The company's historical earnings performance shows mixed results, with share price changes ranging from -15.53% to 17.67% after earnings announcements. Shares are currently trading at $33.87 and have risen 79.9% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:02 pm

Zoom Video Comms (NASDAQ:ZM) is set to release its latest quarterly earnings report on Monday, 2023-05-22, with analysts estimating an EPS of $0.99. Investors will be looking for an earnings beat and positive guidance for the next quarter. Shares are currently trading at $69.53 and are down 22.13% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:02 pm

CWD

FTCH

MGRM

XELA

U.S. stocks opened higher with the Dow Jones gaining over 50 points on Friday. Deere & Company reported better-than-expected Q2 results, with net sales and revenue growth of 30% YoY to $17.39 billion. Monogram Orthopaedics, SunCar Technology Group, and Farfetch Limited saw significant gains, while Foot Locker, CaliberCos, and Exela Technologies experienced declines.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 1:58 pm

LVVV

LiveWire Ergogenics Inc. (OTCPK:LVVV) reported Q1 FY23 sales of $378,519, a 7.3% YoY decrease, but net profit increased by 1,436% to $179,300. The company's assets increased to $6.6 million, and it marked its fifth consecutive profitable quarter.

Portfolio Pulse from Vuk Zdinjak

May 19, 2023 | 1:37 pm

PXS

Pyxis Tankers reported Q1 earnings of $0.71 per share, beating the analyst consensus estimate of $0.64 by 10.94%. Quarterly sales reached $11.62 million, surpassing the estimate of $8.95 million by 29.79%.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 1:32 pm

LAZ

Lazard Ltd CEO, Ken Jacobs, is expected to resign for undisclosed reasons, with Peter Orszag, head of the investment bank's financial advisory division, named as his replacement. Lazard recently reported a Q1 adjusted loss per share of $0.26 and revenue of $527 million, missing consensus estimates. The company also plans to cut 10% of its workforce by 2023.

Portfolio Pulse from Lekha Gupta

May 19, 2023 | 1:17 pm

DHI

EXPR

GLOB

LXEH

ONON

Top 5 stocks to watch include DHI, ONON, EXPR, GLOB, and LXEH. DHI is affected by home prices, ONON is a sympathy play in the shoe sector, EXPR is favored by an analyst, GLOB is a play on AI, and LXEH is up due to China's cooperation with central Asian countries.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 1:12 pm

FTCH

LXEH

MULN

In Friday's pre-market session, 12 consumer discretionary stocks experienced significant price movements. Gainers included Lixiang Education, Farfetch, Digital Brands Group, Yoshiharu Global, Fossil Group, and ARKO. Losers were Foot Locker, a.k.a. Brands Holding, Mullen Automotive, Aterian, Sonder Holdings, and Noodles.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 1:08 pm

CTLT

Catalent (CTLT) shares are trading higher amid volatility, as the company announced a delay in Q3 results and held a conference call to provide a business update.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 12:54 pm

BABA

JD.com's CEO Xu Lei has resigned and will be replaced by current CFO Sandy Xu, sparking speculation of founder Richard Liu's return. The company's Q1 adjusted net profit rose 88% to 7.59 billion yuan, and some analysts are optimistic about the outlook.

Portfolio Pulse from The Bamboo Works

May 19, 2023 | 12:52 pm