Streetbeat News

Earnings

BSY

ENVA

FTNT

GEHC

MRK

PANW

TDOC

WFC

Jim Cramer shared his views on several stocks during CNBC's 'Mad Money Lightning Round.' He recommended buying Merck (MRK) and expressed faith in its CEO. He commented on Teladoc Health (TDOC) and Cathie Wood's selling activity. Fortinet (FTNT) reported a good quarter, but Cramer prefers Palo Alto Networks (PANW). He found Enova International (ENVA) 'dicey' and suggested Wells Fargo (WFC) instead. He was not optimistic about Bentley Systems (BSY) due to losses in enterprise software. GE Healthcare (GEHC) had a decent quarter but was hurt by China.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 12:01 pm

MWA

Over the past three months, four analysts have evaluated Mueller Water Products (NYSE:MWA), with ratings ranging from bullish to bearish. The average 12-month price target has increased by 8.54% to $22.25. Analysts from TD Cowen, RBC Capital, and Oppenheimer have raised their price targets, reflecting positive sentiment. Mueller Water Products has shown strong financial performance with a 9.22% revenue growth rate, a net margin of 13.26%, and a return on equity of 6.12%. However, the company's debt-to-equity ratio is higher than the industry average.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 12:00 pm

TLS

Telos Corporation (TLS) reported its Q2 2024 financial results, with an adjusted EPS of $(0.09), beating the estimate of $(0.14). Sales were $28.498 million, surpassing the expected $26.454 million.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:59 am

EVH

Evolent Health shares are trading higher following better-than-expected Q2 financial results. Truist Securities upgraded the stock from Hold to Buy and raised its price target from $28 to $33.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:57 am

DOCS

Doximity shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:57 am

TTWO

Take-Two Interactive shares are trading higher following the company's Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:53 am

LEGN

Legend Biotech shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:52 am

TTD

The Trade Desk shares are trading higher following better-than-expected Q2 financial results and strong Q3 revenue guidance. Keybanc and Susquehanna have also raised their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:51 am

AQN

Algonquin Power & Utilities has declared a Q3 dividend of $0.065, which is a 40% reduction from the Q2 dividend. The company aims to create long-term value for shareholders by focusing on improving earnings and capital sustainability in a higher cost of capital environment.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:48 am

AQN

Algonquin Power (NYSE:AQN) reported Q2 2024 adjusted EPS of $0.09, beating the $0.08 estimate, but sales of $598.60M missed the $625.00M estimate. EPS increased by 12.5% year-over-year, while sales decreased by 4.67%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:45 am