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NVCR

NovoCure reported worse-than-expected Q2 earnings per share (EPS) results, leading to a drop in its share price.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 4:06 pm

JOE

St. Joe company reported a year-over-year increase in Q2 EPS and sales, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 4:06 pm

EOSE

Shares of Eos Energy Enterprises (EOSE) have been halted on a circuit breaker due to a significant drop in the stock price. The stock is currently down by 27.6%.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:05 pm

CCL

Investor Business Daily's SwingTrader has reportedly purchased stock in Carnival Corporation (CCL).

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:04 pm

RCL

Royal Caribbean Cruises Ltd (NYSE:RCL) reported Q2 sales growth of 61.3% YoY to $3.52 billion, beating the consensus of $3.41 billion. The company's revenue exceeded its guidance due to higher pricing and shipboard revenue. Passenger ticket revenues rose 72% YoY to $2.4 billion. The company held $726.4 billion in cash and equivalents as of June 30, 2023. Adjusted EPS of $1.82 beat the analyst consensus of $1.55. The company raised its FY23 adjusted EPS guidance from $4.40-$4.80 to $6-$6.20 against the consensus of $4.77.

Portfolio Pulse from Shivani Kumaresan

July 27, 2023 | 4:03 pm

QS

QuantumScape Corporation (NYSE:QS) reported its Q2 financial results, with losses of 26 cents per share, higher than the estimated loss of 20 cents. The company ended the quarter with over $900 million in liquidity and plans to continue managing its balance sheet wisely. QuantumScape also announced its first commercial product, a ~5 Ah cell, which it believes will offer unmatched energy density and power. The company's shares are trading higher with heavy trading volume.

Portfolio Pulse from Erica Kollmann

July 27, 2023 | 4:03 pm

CMG

Chipotle Mexican Grill, Inc. (NYSE:CMG) shares fell after reporting disappointing Q2 results and Q3 outlook. Analysts from Wedbush, KeyBanc Capital Markets, RBC Capital Markets, Stephens, and Oppenheimer maintained an Outperform rating but reduced their price targets. The company's Q3 outlook came in below expectations due to projected moderation in SSS growth and pressure on store level margins from rising labor and avocado costs. However, analysts believe that CMG is poised for accelerated market share gains in a post-COVID environment.

Portfolio Pulse from Priya Nigam

July 27, 2023 | 4:03 pm

BCPC

Balchem (NASDAQ:BCPC) is set to release its quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.84. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $128.99, down 5.05% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:03 pm

CVEO

Civeo (NYSE:CVEO) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an EPS of $0.31. Last quarter, the company missed EPS by $0.16, resulting in a 0.0% drop in share price. Shares of Civeo were trading at $19.45 as of July 26, with a 52-week return of -36.17%.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 4:03 pm

AMT

American Tower Corp (AMT) reported a 3.6% YoY increase in Q2 FY23 revenue to $2.77 billion, beating the consensus estimate of $2.73 billion. Property revenue increased by 4.4% YoY to $2.73 billion. The company also raised its FY23 outlook for property revenue and AFFO per share. AMT shares traded higher by 2.92% at $195.52.

Portfolio Pulse from Anusuya Lahiri

July 27, 2023 | 4:03 pm