PAGERDUTY INCORPORATED (PD)

Portland General Electric (NYSE:POR) reported second-quarter GAAP net income of $68 million, or $0.59 per diluted share, and non-GAAP net income of $74 million, or $0.64 per diluted share, as industrial demand growth and regulatory recovery helped offset power-cost timing effects and financing costs

PDD Holdings currently trades at around 8.8x earnings, compared with a Multiline Retail industry average of about 19.8x and a peer group average closer to 33.1x. Even against its own tailored fair P/E of about 24.8x, the stock sits well below what the model suggests might be justified.

Class A shares could move 13% when the company releases its earnings report, based on options data from Bloomberg. The company plans to announce its results on August 6 after the market closes. The stock has exceeded the options-implied move in three of the past eight earnings announcements.

The company reported C($0.52) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$452.80 million during the quarter. Precision Drilling had a negative net margin of 0.82% and a negative return on equity of 0.94%. Shares of TSE:PD opened at C$102.90 on Thursday. …

Precision Drilling stock came into earnings under pressure, with the share price down about 14% over the past week and almost 19% over three months. That set the stage for investors to react strongly to any sign of weakness or relief. The headline from this quarter is margin and profit strain.