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Stock Prices

NI

NiSource has projected its FY23 adjusted EPS to be at the upper half of its guidance range of $1.54 - $1.60, compared to the estimated $1.57.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:51 am

CMBM

JP Morgan analyst Samik Chatterjee has downgraded Cambium Networks (NASDAQ:CMBM) from Neutral to Underweight and lowered the price target from $17 to $12.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 10:51 am

CLDT

Chatham Lodging Trust (CLDT) has announced that it will not be providing guidance at this time due to the uncertainty surrounding the hotel industry.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:50 am

RXO

RXO reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.07 by 14.29%. However, the company's quarterly sales of $963.00 million missed the analyst consensus estimate of $1.00 billion by 3.70%. This represents a 85.71% decrease in earnings and a 21.45% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:50 am

SPNS

Sapiens International has increased its FY23 revenue outlook to $511M - $516M, up from the previous estimate of $507M - $512M. The new estimate surpasses the market expectation of $510.57M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:49 am

IMXI

International Money Express, Inc. (NASDAQ:IMXI) has revised its FY23 revenue forecast to $644.9M-$673.0M, lower than the previous estimate of $667M-$688.5M and below the consensus of $679.5M. The company also expects FY23 Adjusted Diluted EPS of $1.87 to $1.94, lower than the consensus of $2.06.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:49 am

IMXI

International Money Express, Inc. (NASDAQ:IMXI) has projected its Q3 revenue to be between $165.7M and $176.8M, which is lower than the consensus estimate of $175.86M. The company also expects its adjusted diluted EPS to be between $0.49 and $0.52, lower than the consensus estimate of $0.55.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:49 am

CMBM

CWH

DBVT

LUMN

NIO

SEDG

SFM

SILK

SPCE

TLRY

TMC

TRVG

XPEV

Several US stocks traded lower in Wednesday's pre-market session. Cambium Networks, trivago, SolarEdge Technologies, TMC the metals company, Sprouts Farmers Market, Camping World Holdings, XPeng, Virgin Galactic Holdings, DBV Technologies, Lumen Technologies, Tilray Brands, NIO, and Silk Road Medical all saw declines. The drops were largely due to worse-than-expected Q2 results, weak Q3 guidance, and corporate updates.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 10:48 am

EEMA

EWU

EZU

FLAX

SPY

US markets ended mixed on August 1, with the Dow Jones Industrial Average closing higher by 0.20% and the S&P 500 and Nasdaq Composite falling by 0.27% and 0.43% respectively. Fitch downgraded U.S.'s long-term rating from 'AAA' to 'AA+', citing fiscal deterioration. Asian markets also closed lower, with Japan's Nikkei 225, Australia's S&P/ASX 200, Shanghai Composite, Shenzhen CSI 300, and Hang Seng index all in the red. European markets and US futures are also trading lower.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 10:48 am

DD

DuPont has revised its FY23 outlook, lowering its adjusted EPS from $3.55-$3.70 to $3.40-$3.50, which is below the $3.60 estimate. However, it has increased its revenue forecast from $12.3B-$12.5B to $12.45B-$12.55B, slightly above the $12.41B estimate.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:48 am