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MMI

Marcus & Millichap (NYSE:MMI) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $-0.23. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $37.15, down 6.46% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:53 pm

TU

TELUS (NYSE:TU) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.18. The company's past performance shows a trend of beating EPS estimates. However, the stock has been on a downward trend, with shares down 23.02% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:53 pm

DOV

Jim Lebenthal, a regular CNBC contributor, has sold his shares in Dover Corporation (DOV).

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:52 pm

SWI

SolarWinds Corp reported a Q2 FY23 revenue growth of 5% YoY to $185 million, beating the consensus of $179.5 million. Non-GAAP EPS of $0.21 also beat the consensus of $0.17. The company raised its FY23 revenue and non-GAAP EPS outlook. Following the announcement, SWI shares traded higher by 10.40%.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 1:52 pm

NIO

NIO Inc's shares are trading higher, adding to gains of over 16% in the last week. The company has been ramping up its charging infrastructure efforts, opening its 1,600th power swap station in China and planning to have 2,300 stations by year-end. UBS analyst Paul Gong maintained a Neutral rating for NIO and raised the price target from $13 to $15. NIO announced it delivered 20,462 vehicles in July, a 103.6% YoY increase, and its new ES6 vehicle deliveries have been growing solidly since its debut in May.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 1:52 pm

KTB

Kontoor Brands, Inc. (NYSE:KTB) shares rose after Q2 FY23 earnings beat expectations with an adjusted EPS of $0.77, surpassing the consensus of $0.66. However, Q2 sales of $616.01 million missed the consensus of $625.50 million. The company expects FY23 revenue to increase at a low-single-digit percentage Y/Y, and reiterates FY23 Adjusted EPS of $4.55 - $4.75. KTB also anticipates gross margin expansion in the second half of the year.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 1:52 pm

FWONK

Liberty Formula One Group (NASDAQ:FWONK) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an EPS of $0.05. The company's past performance shows a mixed trend of beating and missing EPS estimates. The stock price has seen varied changes post-earnings announcements. The shares were trading at $72.16 as of August 2, with a 52-week increase of 16.58%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:52 pm

ARAV

BPTH

COOK

RBOT

UPWK

VITL

U.S. stocks were mixed with the Nasdaq Composite slightly higher. The ISM services PMI declined to 52.7 in July from 53.9 in June. Upwork Inc., Vital Farms, Inc., and Traeger, Inc. saw their shares rise after posting strong quarterly results. Aravive, Inc., Bio-Path Holdings, Inc., and Vicarious Surgical Inc. saw their shares drop due to disappointing news.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:52 pm

UPWK

Upwork, Inc. (NASDAQ:UPWK) shares are trading higher after the company reported better-than-expected Q2 financial results and analysts raised price targets on the stock. The company reported Q2 revenue of $168.6 million, a 7% increase YoY, and a net loss of $4 million. Upwork raised its Q3 and full-year 2023 revenue guidance. Analysts from JMP Securities and Needham maintained their positive ratings and raised the price target for UPWK shares.

Portfolio Pulse from Erica Kollmann

August 04, 2023 | 1:52 pm

GCI

Gannett Co., Inc. (NYSE:GCI) shares are trading higher after the company reported better-than-expected Q2 results. Despite a 10.2% YoY sales decline to $672.36 million, the figure beat the consensus of $624.41 million. Adjusted EBITDA grew by 39.9% YoY to $71.2 million. Total digital revenues were $262.1 million, up 0.8% YoY. The company reiterated its FY23 sales guidance of $2.75 billion-$2.80 billion and raised its 2023 outlook for net income.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 1:52 pm