This week brings a flurry of earnings reports and financial updates from a variety of companies. Investors are eagerly awaiting insights into performance and future strategies. Here's a snapshot of what to expect:
Hycroft Mining (HYMC)
Hycroft Mining (NASDAQ:HYMC) is projected to release its quarterly earnings data before the market opens on Thursday, March 13th. Analysts are anticipating a loss of ($0.48) per share for the quarter. This follows their last earnings report, released on Wednesday, March 12th. Stay tuned for the official announcement and market reaction.
IN8bio (INAB)
Similarly, IN8bio (NASDAQ:INAB) is expected to issue its quarterly earnings data on Thursday, March 13th. The consensus among analysts is a loss of ($0.07) per share for the quarter. Recent stock performance shows shares opening at $0.27 on Thursday, with a 52-week low of $0.22. The company's financial health is under close scrutiny.
Paltalk (PALT)
Paltalk (NASDAQ:PALT) is slated to release its earnings data after the market closes on Thursday, March 13th. Analysts forecast earnings of $0.01 per share and revenue of $2.24 million for the quarter. On Thursday, Paltalk shares opened at $1.95. Investors will be watching closely to see if the company meets expectations.
Weibo (WB)
Weibo (NASDAQ:WB) is projected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect the social media giant to post earnings of $0.44 per share and revenue of $451.76 million for the quarter. For those interested in a deeper dive, a link to the company's earnings conference call is available. This report is highly anticipated by the investment community.
Other Notable Updates
In other news, B. Riley has issued a negative Q1 2025 earnings forecast for Novavax (NASDAQ:NVAX), predicting a loss of $0.46 per share. Analyst M. Mamtani revised the EPS estimates downward, potentially impacting investor sentiment.
On the investment front, the New York State Common Retirement Fund trimmed its position in The Hackett Group, Inc. (NASDAQ:HCKT) by 7.8% during the 4th quarter, according to HoldingsChannel. The fund now holds 9,411 shares after selling 800 shares during the quarter.
This week promises to be a busy one for financial markets, with key earnings reports and investment adjustments shaping the landscape. Investors are advised to stay informed and monitor these developments closely.