Strategic Outlook And Earnings Forecast According to ROTH MKM, a privately held investment banking company, cannabis multi-state operator Curaleaf Holdings, Inc. (CSE: CURA) (OTC: CURLF) is poised to unveil its fourth-quarter earnings for 2023 on March 6, with projections indicating a modest rise in revenue and EBITDA. This anticipated growth is credited to Curaleaf’s strategic positioning […]
Electric vehicle (EV) company Fisker Inc (NYSE:FSR) reports fourth-quarter financial results after market close Thursday. Here is a look at key analyst estimates for the company and key items to watch in the earnings report. Earnings Estimates: Analysts expect Fisker to post fourth-quarter revenue of $310.8 million according to data from Benzinga Pro. The company […]
Goldman Sachs analyst Gabriela Borges downgraded Enfusion Inc (NYSE:ENFN) from Neutral to Sell and lowered the price target from $9 to $8. While the stock has already underperformed the NASDAQ by 54% over the last 12 months, the analyst expects the stock to be range-bound in 2024.  Street estimates reflect 10 points of acceleration in revenue over the next […]
Keefe, Bruyette & Woods analyst Ryan Tomasello upgraded LendingTree, Inc. (NASDAQ:TREE) from Market Perform to Outperform, raising the forecast to $45 from $24. Per Tomasello, the 2024 earnings recovery for LendingTree is led by a rebound in the company’s insurance segment, where 2024 guidance could be conservative. Going ahead, the analyst forecasts that insurance segment revenue/profit will surpass prior peaks […]
Apollo Global Management’s (NYSE: APO) chief economist recently expressed skepticism around AI (artificial intelligence) being a bubble. The company is a leader in the alternative asset management space and seems well-positioned for growth in private credit, according to JPMorgan. The Apollo Global Management Analyst: Kenneth Worthington upgraded the rating Apollo Global Management from Neutral to […]
Precious metals producer SSR Mining (NASDAQ:SSRM) on Tuesday retracted guidance, suspended dividend payments and stopped its share buyback plans two weeks after a landslide at its gold mine in Turkey left nine miners missing. Efforts to locate the missing workers have resumed after being suspended because of stability concerns, and six mine employees have been […]
Enterprise application software company Inc (NYSE:AI) reports third-quarter financial results after market close Wednesday. Here are the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect to report third-quarter revenue of $76.15 million according to data from Benzinga Pro. The company reported revenue of $66.67 million […]
BofA Securities analyst Robert Ohmes upgraded the rating for Sprouts Farmers Market Inc (NASDAQ: SFM) from Underperform to Buy. Ohmes also raised the price target from $30 to $70. The upgrade comes after Sprouts confirmed that over 15,000 of its products would be available for delivery on Uber Eats, Uber Technologies Inc‘s (NYSE: UBER) food […]
J.P Morgan analyst John Ivankoe downgraded Domino’s Pizza Inc (NYSE:DPZ) to Neutral from Overweight, raising the forecast to $430 from $420. Domino’s registered global retail sales growth (excluding foreign currency impact) was 4.9% for the fourth quarter. Per the analyst, Domino’s has been an idiosyncratic improving top-line growth story in a broadly decelerating environment (mostly pricing-driven).  The stock has been […]
Shares of Unity Software Inc (NYSE: U) tanked in early trading on Tuesday, after the company reported a higher-than-expected loss for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper Sandler analyst Brent Bracelin upgraded the rating from Underweight to Neutral, while raising […]