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MSGE

Madison Square Garden Entertainment Corp. (NYSE:MSGE) is set to release its Q4 earnings on Aug. 16. Analysts expect a quarterly loss of 52 cents per share and revenue of $169.61 million. Recent analyst ratings include a mix of Neutral, Equal-Weight, and Buy, with price targets ranging from $36 to $43.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 7:55 am

GIPR

Generation Income (NASDAQ:GIPR) reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02 by 50%. The company also reported sales of $2.259 million, surpassing the estimate of $2.250 million by 0.40%. This represents a 69.98% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:21 am

SPY

Anthony Scaramucci attributes the recent market rebound to Kamala Harris' rising poll numbers, suggesting investor relief over a potential Democratic win. The Nasdaq Composite, S&P 500, and Dow Industrials have all seen significant gains since the Aug. 5 market crash. The SPDR S&P 500 ETF Trust (SPY) also ended Thursday's session up 1.71%.

Portfolio Pulse from Shanthi Rexaline

August 16, 2024 | 7:09 am

SYTA

Siyata Mobile (NASDAQ:SYTA) reported Q2 sales of $1.890 million, missing the analyst estimate of $3.000 million. The company also reported a net loss of $12.92 million, down from $2.33 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:53 am

BABA

CINT

CSCO

FLO

MSGE

WMT

U.S. stocks surged on Thursday, with the Dow Jones climbing over 550 points and the S&P 500 gaining for the sixth consecutive session. Positive economic data, including a 1% rise in retail sales for July and a decline in initial jobless claims, contributed to the market's performance. Alibaba reported disappointing sales, while Walmart posted strong Q2 results and raised its full-year guidance. Cisco Systems saw a significant rise in its stock price following better-than-expected earnings. Investors are now awaiting earnings results from Madison Square Garden Entertainment, CI&T, and Flowers Foods.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:46 am

GORV

Lazydays (NASDAQ:GORV) reported a significant miss in its Q2 2024 earnings and sales. The company posted an adjusted EPS of $(1.42), far below the $(0.24) estimate, and sales of $238.694 million, missing the $303.800 million estimate. This represents a drastic decline from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:42 am

EWU

U.K. retail sales for July increased by 0.5% month-over-month, falling short of the estimated 0.6%. The previous month's sales were revised to a decline of 0.9%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:38 am

AMAT

CINT

FLO

HRB

MSGE

Several stocks are poised to capture investor attention today. Madison Square Garden Entertainment Corp. (MSGE) is expected to report a quarterly loss, while Applied Materials, Inc. (AMAT) reported better-than-expected Q3 results but provided a mixed Q4 outlook. CI&T Inc. (CINT) and H&R Block, Inc. (HRB) both reported strong earnings, with HRB also increasing its dividend. Flowers Foods, Inc. (FLO) is expected to post quarterly earnings before the market opens.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:38 am

EWU

U.K. Retail Sales for July met expectations with a 1.4% year-over-year increase, matching the estimated 1.4%. The prior month's figure was revised to -0.3%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:38 am

EWU

U.K. Core Retail Sales for July increased by 0.7% month-over-month, slightly below the estimated 0.8%, but an improvement from the revised prior figure of -1.3%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:37 am