Streetbeat News

Stock Prices

NDLS

Noodles & Co. (NDLS) reported Q1 2024 adjusted EPS of $(0.13), surpassing the $(0.17) estimate, but its sales of $121.395M slightly missed the $121.410M forecast. This represents a 160% increase in losses and a 3.71% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:48 pm

CPK

Chesapeake Utilities (NYSE:CPK) reported Q1 2024 adjusted EPS of $2.10, missing the $2.12 estimate, and sales of $245.744M, missing the $260.150M estimate. This represents a 2.94% increase in EPS and a 12.66% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:48 pm

PBPB

Potbelly Corporation (NASDAQ:PBPB) reported Q1 2024 adjusted EPS of $0.01, surpassing the $(0.01) estimate, with sales of $111.153M exceeding the $109.537M forecast. This represents a 50% decrease in EPS and a 6.02% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:47 pm

RGLD

Royal Gold (RGLD) reported Q1 2024 adjusted EPS of $0.91, missing the $0.94 estimate, and sales of $148.9M, below the $153.035M estimate. This represents a 12.61% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:46 pm

BYND

Beyond Meat Inc (NASDAQ:BYND) reported Q1 financial results with a revenue decrease of 18% year-over-year to $75.603 million, slightly beating consensus estimates but missing EPS estimates with a loss of 72 cents per share. The company is working towards making 2024 a pivotal year, aiming for sustainable and profitable operations, and expects Q2 revenue between $85 million and $90 million. Beyond Meat's shares dropped 3.65% after hours following the announcement.

Portfolio Pulse from Adam Eckert

May 08, 2024 | 8:46 pm

KSS

Kohl's (NYSE:KSS) has seen an 18.36% increase in its short percent of float since the last report, with 35.40 million shares sold short, representing 44.62% of available shares. This high level of short interest, compared to its peer group average of 9.68%, indicates a bearish market sentiment towards Kohl's. However, high short interest can sometimes be bullish, suggesting potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:45 pm

SSB

SouthState (NYSE:SSB) has seen an increase in short interest, now at 5.12% of its float, higher than the peer group average of 3.58%. This rise to 2.93 million shares sold short suggests a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. It takes traders approximately 7.44 days to cover their short positions, indicating a significant short interest in the stock.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:45 pm

EXLS

ExlService Holdings (NYSE:EXLS) has seen a decrease in short interest, now at 5.36% of its float, down 13.13% from the last report. With 6.29 million shares sold short, it would take about 4.39 days to cover all short positions. This change in short interest could indicate a shift in market sentiment towards EXLS, potentially signaling increased bullishness among investors. EXLS's short interest is slightly above its peer group average of 4.93%, suggesting a higher level of bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:45 pm

MIRM

Mirum Pharmaceuticals (NASDAQ:MIRM) reported Q1 2024 earnings with a GAAP EPS of $(0.54), missing the $(0.48) estimate, and sales of $69.222M, below the $70.171M estimate. Despite the miss, both losses per share and sales showed significant improvement from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:45 pm

ET

Energy Transfer (NYSE:ET) reported Q1 2024 earnings of $0.32 per share, missing the consensus estimate of $0.42 by 23.81%. However, their quarterly sales of $21.629 billion exceeded the estimate of $21.044 billion by 2.78%, marking a 13.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:44 pm