Streetbeat News

Stock Prices

PNTG

Pennant Group Inc. (PNTG) has projected its FY23 adjusted EPS to be between $0.69 and $0.75, compared to the estimated $0.71. The company also expects its total revenue to be between $526M and $531M, surpassing the estimated $519.81M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:13 pm

ADTH

AdTheorent Holding (NASDAQ:ADTH) reported Q3 losses of $(0.05) per share, a 183.33% decrease YoY. However, the company's quarterly sales of $40.89M beat the analyst consensus estimate of $40.85M by 0.10%, marking an 8.80% increase YoY.

Portfolio Pulse from mahesh@benzinga.com

November 07, 2023 | 10:13 pm

AMBC

Ambac Financial Group (NYSE:AMBC) reported Q3 2023 earnings of $2.00 per share, beating the analyst consensus estimate of $(0.18) by 1211.11 percent. However, this is a 72.86 percent decrease from the same period last year. The company also reported quarterly sales of $74.00 million, beating the analyst consensus estimate of $60.87 million by 21.57 percent, but this is a 7.62 percent decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

November 07, 2023 | 10:09 pm

UPST

Upstart Holdings, Inc. reported weaker than expected Q3 results, with losses of five cents per share and quarterly sales of $134.56 million, both missing analyst consensus estimates. The company also reported a 34% YoY decline in loans originated by lending partners. Following the announcement, Upstart's shares fell by 21.80% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

November 07, 2023 | 10:09 pm

PRCH

Porch Group has projected its FY23 revenue to be around $415 million, which is significantly higher than the estimated $343.62 million.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:08 pm

POWI

Power Integrations has projected its Q4 2023 revenue to be around $90M, which is significantly lower than the estimated $139.12M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:06 pm

GSM

Ferroglobe (NASDAQ:GSM) reported Q3 adjusted earnings of $0.27 per share, beating the analyst consensus estimate of $0.18 by 50%. However, this is a 57.81% decrease from the same period last year. The company also reported quarterly sales of $416.81 million, beating the analyst consensus estimate of $390.35 million by 6.78%, but this is a 29.74% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:04 pm

DIS

Walt Disney Co (NYSE:DIS) is set to report its Q4 financial results. Analysts expect Disney to report Q4 revenue of $21.335 billion, an increase from $20.15 billion in the prior year's period. Disney has beaten revenue estimates in five of the last seven quarters. Analysts also expect Disney to report Q4 earnings per share of 71 cents, an increase from the 30 cents reported in the prior year's period. Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and price target of $105 for Disney, but lowered estimates for the entertainment segment due to a more cautious outlook on linear television advertising and the lower expected film performance.

Portfolio Pulse from Chris Katje

November 07, 2023 | 10:01 pm

AMC

AMC Entertainment Holdings Inc. (NYSE:AMC) is set to release its Q3 financial results, which are highly anticipated due to the company's recent struggles. AMC's stock price has dropped by over 70% since the start of the year, following a 75% decline in 2022. The company, once a favorite among retail traders and a popular meme stock, has seen a significant shift in investor sentiment. Wall Street analysts currently project a negative EPS of approximately 25 cents for Q3. However, this would be an 85% improvement compared to the same quarter last year. Revenue estimates for Q3 are at $1.26 billion, a 30% increase from Q3 2022. Wedbush Securities expects AMC to deliver robust Q3 results and potentially share a positive outlook for Q4.

Portfolio Pulse from Piero Cingari

November 07, 2023 | 10:01 pm

LCID

Lucid Group's CEO, Peter Rawlinson, has announced a cut in the company's production forecast to align production with deliveries, clarifying that the company does not have a production problem.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:01 pm