Streetbeat News

Earnings

GNTX

Gentex Corporation (NASDAQ:GNTX) shares fell by 7.59% after the company missed Q2 earnings estimates and lowered its revenue forecast. The company reported earnings per share of 37 cents, missing the expected 52 cents, and quarterly sales of $572.93 million, below the $622.79 million consensus. Automotive net sales and auto-dimming mirror unit shipments also declined. Gentex lowered its FY24 revenue outlook and its 2025 revenue estimates.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 3:06 pm

CHTR

COUR

EVRI

MMM

NSC

NWL

Norfolk Southern Corporation (NSC) and several other major stocks saw significant gains on Friday following better-than-expected earnings reports and other positive news. The Dow Jones index also rose by over 600 points.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 3:04 pm

WMT

This article provides an in-depth analysis of Walmart (NYSE:WMT) compared to its competitors in the Consumer Staples Distribution & Retail industry. Key financial metrics, market position, and growth prospects are evaluated to offer insights for investors.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

LNG

The article provides an in-depth analysis of Cheniere Energy (NYSE:LNG) compared to its competitors in the Oil, Gas & Consumable Fuels industry. Key financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth are examined. Cheniere Energy shows a lower P/E ratio, higher P/B and P/S ratios, and a higher ROE compared to the industry average. However, it faces challenges with lower EBITDA, gross profit, and significant negative revenue growth.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

LLY

The article provides a comprehensive analysis of Eli Lilly and Co (NYSE:LLY) in comparison to its competitors in the Pharmaceuticals industry. It highlights key financial indicators, market standing, and growth potential, showing that while Eli Lilly has high valuation ratios and strong revenue growth, it also faces challenges with lower EBITDA and gross profit.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 3:00 pm

MHK

Mohawk Industries (NYSE:MHK) received a double upgrade from BofA Securities, with the rating raised from Underperform to Buy and the price target increased from $120 to $177. The company reported strong Q2 earnings and provided optimistic Q3 guidance, leading to a 15.62% rise in its stock price.

Portfolio Pulse from Priya Nigam

July 26, 2024 | 2:58 pm

DIA

IWM

QQQ

SPY

Major indexes are higher following June PCE data. Investors are also assessing earnings across various sectors.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:56 pm

AJG

Arthur J. Gallagher shares are trading higher following better-than-expected Q2 revenue results. Multiple firms have also raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:53 pm

OVBC

Ohio Valley Banc (NASDAQ:OVBC) reported a 7.35% decrease in Q2 earnings per share (EPS), down to $0.63 from $0.68 in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:50 pm

VALU

Value Line (NASDAQ:VALU) reported a significant increase in its Q4 earnings per share (EPS), rising to $0.51 from $0.43 year-over-year, marking an 18.6% growth.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:50 pm