Leidos Holdings, Vulcan Materials And More On CNBC's 'Final Trades'
Portfolio Pulse from Avi Kapoor
Leidos Holdings, Inc. (LDOS) and Vulcan Materials Company (VMC) were highlighted on CNBC's 'Final Trades' for their strong financial performance. LDOS reported a revenue growth of 8% YOY in Q4 2023, with an adjusted EPS increase of 9% YOY, beating consensus estimates. VMC also reported better-than-expected Q4 results, with revenue in line with consensus and adjusted EPS above expectations. Additionally, iShares U.S. Utilities ETF (IDU) was named as a final trade by Shannon Saccocia of NB Private Wealth.
February 20, 2024 | 2:07 pm
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POSITIVE IMPACT
Leidos Holdings reported strong Q4 2023 results with 8% YOY revenue growth and an adjusted EPS increase of 9%, surpassing consensus estimates.
LDOS's better-than-expected Q4 earnings report and positive future revenue and EPS guidance indicate a strong financial position, likely leading to increased investor confidence and a positive short-term stock price movement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Vulcan Materials Company reported better-than-expected Q4 results, with revenue in line with consensus and adjusted EPS above expectations.
VMC's positive Q4 financial performance, particularly the higher-than-expected adjusted EPS, and optimistic projections for net earnings and adjusted EBITDA for 2024 suggest a favorable outlook, likely boosting short-term investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEUTRAL IMPACT
iShares U.S. Utilities ETF (IDU) was named as a final trade by Shannon Saccocia, indicating a potential interest in utility stocks.
While IDU was mentioned as a final trade, the lack of specific performance data in the news makes it challenging to predict the short-term impact on its stock price. However, being highlighted could increase investor interest.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70