Streetbeat News

Earnings

CMP

Compass Minerals shares rose as the company announced preliminary Q3 revenue exceeding estimates.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:47 pm

MAPS

WM Technology (NASDAQ:MAPS) reported a 3% sequential sales increase to $45.9 million for 2Q24, despite a 5% year-over-year decline. SaaS revenues surged 19%, while listing revenues fell 14%. The company maintained stable EBITDA margins at 22% and increased cash reserves. Analyst Pablo Zuanic reiterated a 'Neutral' rating but noted potential growth opportunities. MAPS expects 3Q24 sales of $44 million with declining EBITDA margins.

Portfolio Pulse from Nicolás Jose Rodriguez

September 17, 2024 | 1:38 pm

ALIT

HLF

HPE

MSFT

NEE

Jim Cramer on CNBC's 'Mad Money Lightning Round' discussed several stocks. He views Hewlett Packard Enterprise as a 'very inexpensive' stock at $17. Microsoft announced a $60 billion share repurchase program and a 10% dividend increase. NextEra Energy is seen as a 'red hot stock' with potential to go higher. Alight has not been profitable, and Herbalife is considered too controversial with no growth.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 12:52 pm

AQWA

FERG

PHO

Ferguson reported mixed Q4 results with net sales slightly below expectations but adjusted EPS exceeding consensus. The company anticipates a challenging near-term market environment but expects modest growth in FY25. Ferguson shares rose slightly post-announcement.

Portfolio Pulse from Lekha Gupta

September 17, 2024 | 12:48 pm

FLUT

Flutter Entertainment is acquiring Snaitech for €2.3 billion to strengthen its position in Italy's online betting market. The acquisition is expected to close by Q2 2025 and be immediately accretive to earnings. Flutter aims for a 30% market share in Italy post-acquisition.

Portfolio Pulse from Lekha Gupta

September 17, 2024 | 12:27 pm

NUE

Nucor anticipates its Q3 adjusted EPS to be between $1.30 and $1.40, attributing the decrease in earnings primarily to lower average selling prices in its Steel Mills segment.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:06 pm

FDX

FedEx Corporation (NYSE:FDX) is set to release its Q1 earnings, with analysts expecting an EPS of $4.83 and revenue of $21.99 billion. The company is also facing a lawsuit from the EEOC for alleged discrimination. FedEx offers a 1.89% annual dividend yield, translating to $1.38 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $318,089 is needed.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 12:04 pm

WBUY

Webuy Global reported a revenue increase of 15.4% year-over-year to $28.2 million for the six months ending June 30. The company's gross profit surged by 253% to $2.6 million.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:02 pm

ABBV

BJ

SMH

TDG

On CNBC's 'Final Trades,' experts recommended TransDigm, BJ's Wholesale, VanEck Semiconductor ETF, and AbbVie. TransDigm and BJ's reported strong financial results, while AbbVie received Health Canada approval for a new treatment. VanEck Semiconductor ETF was suggested as a buy due to a recent sector decline.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 11:55 am

NCPL

Netcapital shares are experiencing a decline in trading following the release of their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 11:54 am