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WDC

Western Digital's shares are experiencing a downturn due to the company's weak Q1 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:29 pm

WDC

Western Digital has projected its Q1 revenue to be between $2.55 billion and $2.75 billion, which is lower than the estimated $2.75 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:24 pm

AMKR

Amkor Tech (NASDAQ:AMKR) reported Q2 earnings of $0.26 per share, beating the analyst consensus estimate of $0.21 by 23.81%. However, this is a 49.02% decrease from the same period last year. The company's quarterly sales of $1.46 billion missed the analyst consensus estimate of $1.48 billion by 1.49%, marking a 3.12% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:21 pm

SANM

Sanmina Corporation has provided its Q4 fiscal 2023 outlook, expecting revenue between $2.1 billion to $2.2 billion and GAAP diluted earnings per share between $1.24 to $1.34. Non-GAAP diluted earnings per share are expected to be between $1.47 to $1.57. These estimates are lower than the estimated revenue of $2.23 billion and EPS of $1.51.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 8:18 pm

HOLX

Hologic (NASDAQ:HOLX) reported Q3 earnings of $0.93 per share, beating the analyst consensus estimate of $0.88 by 5.68%. However, this is a 2.11% decrease from the same period last year. The company also reported quarterly sales of $984.40 million, surpassing the analyst consensus estimate of $957.13 million by 102.85M%, but this is a 1.85% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:18 pm

ENLC

EnLink Midstream (NYSE:ENLC) is set to release its quarterly earnings report on August 1, 2023. Analysts estimate an EPS of $0.11. The company's past performance shows a pattern of share price drops following earnings reports. The stock was trading at $11.43 as of July 28, with a 52-week increase of 19.68%.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:14 pm

IGT

International Game Technology (IGT) is set to release its quarterly earnings report on August 1, 2023. Analysts estimate an EPS of $0.34. The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, IGT beat EPS estimates by $0.11, but the share price dropped by 4.08% the next day. The stock is currently trading at $33.47, up 64.93% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:13 pm

FANG

Diamondback Energy (NASDAQ:FANG) reported Q2 sales of $1.92 billion, beating the analyst consensus estimate of $1.91 billion by 0.42 percent. However, this represents a 30.67 percent decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 8:13 pm

AY

Atlantica Sustainable (NASDAQ:AY) is set to release its latest quarterly earnings report on August 1, 2023. Analysts estimate an earnings per share (EPS) of $0.21. The company's past performance shows a mixed trend of beating and missing EPS estimates, with share price changes varying accordingly. The stock is currently trading at $24.15, down 31.77% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:13 pm

TX

Ternium (NYSE:TX) is set to release its latest quarterly earnings report on Tuesday, 2023-08-01. Analysts estimate an earnings per share (EPS) of $1.96. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Ternium's shares are currently trading at $44.55, up 28.35% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 8:12 pm