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CGC

FSR

GEO

HROW

RWAY

SKIN

The Beauty Health Company (SKIN) reported Q3 losses of $0.56 per share, significantly missing the expected $0.09 earnings, and sales of $97.40 million, below the $116.30 million estimate. The company also suspended its 2025 forecast, causing shares to plummet 51.7% in pre-market trading. Other stocks experiencing pre-market losses include Harrow, Inc. (HROW), Fisker Inc. (FSR), Runway Growth Finance Corp. (RWAY), Lufax Holding Ltd (LU), Canopy Growth Corporation (CGC), and The GEO Group, Inc. (GEO), all reporting disappointing results or financial activities.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 10:34 am

MOS

Barclays analyst Benjamin Theurer has upgraded Mosaic (NYSE:MOS) from Underweight to Overweight and increased the price target from $40 to $42.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:34 am

NTR

Barclays analyst Benjamin Theurer has upgraded Nutrien (NYSE:NTR) from Underweight to Overweight and increased the price target from $64 to $68.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:32 am

KHC

Bernstein analyst Alexia Howard upgraded Kraft Heinz (NASDAQ:KHC) from Market Perform to Outperform and set a price target of $40.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:30 am

SJM

Bernstein analyst Alexia Howard upgraded JM Smucker (NYSE:SJM) from Underperform to Market Perform while reducing the price target from $123 to $119.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:26 am

ANF

Telsey Advisory Group analyst Dana Telsey has maintained an Outperform rating on Abercrombie & Fitch (NYSE:ANF) and increased the price target from $62 to $74.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:15 am

TSLA

Tesla, Inc.'s (NASDAQ:TSLA) sales in China continue to struggle, with insurance registrations for Tesla vehicles showing a decline. The week of November 6-12 saw 13,000 units, down from 14,000 units the previous week. Despite the launch of the Model 3 refresh, quarter-to-date insured registrations are 7% below Q3. Tesla has recently increased prices for several models in China, which could impact consumer demand amid global economic uncertainty. However, Gary Black views the price hikes as a positive signal that may alleviate investor concerns about shrinking auto gross margins. Tesla's stock rose 1.67% in premarket trading on Tuesday.

Portfolio Pulse from Shanthi Rexaline

November 14, 2023 | 10:08 am

ARMK

HROW

SBH

SKIN

U.S. stock futures are trading higher, with investor focus on upcoming earnings reports and financial results. Home Depot (HD) is expected to report earnings of $3.58 per share on revenue of $35.66 billion. Beauty Health (SKIN) reported disappointing Q3 results and suspended its 2025 forecast, causing shares to drop 40.3%. Sally Beauty (SBH) is anticipated to report earnings of 46 cents per share on revenue of $930.47 million. Harrow (HROW) reported lower-than-expected Q3 results and reduced revenue guidance, leading to a 22.1% share price fall. Aramark (ARMK) is expected to report earnings of 64 cents per share on revenue of $4.79 billion.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 10:05 am

HUYA

HUYA Inc. reported Q3 earnings of $0.06 per share, surpassing the consensus estimate of $(0.03) by 300%. Quarterly sales were $225.85M, exceeding estimates of $210.33M by 7.38%, but represented a 32.46% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:04 am

ONON

On Holding (NYSE:ONON) exceeded Q3 earnings and sales estimates, with an adjusted EPS of $0.23 beating the $0.16 estimate and sales of $543.20M surpassing the $515.37M estimate. This represents a significant increase from the previous year's figures, with earnings up 222.86% and sales up 59.96%.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:03 am