Streetbeat News

Earnings

CNC

Centene shares are trading lower after the company reported preliminary Q2 financial results and reaffirmed FY24 adjusted EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:13 pm

BRO

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

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:09 pm

LMT

Lockheed Martin Corp (NYSE:LMT) reported strong Q2 2024 results with net sales growth of 9% YoY to $18.12 billion, surpassing expectations. Adjusted EPS also exceeded forecasts at $7.11. Despite some margin contractions, the company raised its 2024 outlook for sales, operating profit, and EPS. LMT shares rose by 1.85% following the announcement.

Portfolio Pulse from Akanksha Bakshi

July 23, 2024 | 3:08 pm

DHR

KNSA

MSCI

OMI

SPOT

Danaher Corporation (DHR) reported better-than-expected Q2 earnings, leading to a 7.4% rise in its stock price. Other notable gainers include Kiniksa Pharmaceuticals (KNSA), Spotify (SPOT), MSCI (MSCI), and Owens & Minor (OMI), among others, all of which saw significant stock price increases following positive earnings reports or guidance updates.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 3:04 pm

ARE

Alexandria Real Estate Equities shares are trading lower after the company reported worse-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:03 pm

APO

High-rolling investors have shown a bullish sentiment on Apollo Global Management (NYSE:APO) through significant options trades, with 75% of the trades being bullish. The stock is currently priced at $124.99, and analysts have set an average target price of $135.25. The next earnings report is expected in 9 days.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 3:02 pm

NIO

Benzinga's options scanner identified significant options activity for NIO (NYSE:NIO), with a cumulative value of $433,894. The options market suggests a price window of $3.0 to $5.0 for NIO. The stock is currently trading at $4.49, down by 4.26%, with an earnings announcement expected in 35 days.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 3:02 pm

KEYS

Analysts have varied opinions on Keysight Technologies (NYSE: KEYS) with recent ratings ranging from bullish to indifferent. The average 12-month price target has increased to $172.0. Despite a recent revenue decline, Keysight maintains strong financial metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 3:01 pm

MKL

Analysts have provided mixed ratings for Markel Group (NYSE:MKL) over the past quarter, with a range of price targets indicating varied expectations. The average 12-month price target has increased by 15.91% to $1665.25. Markel Group has shown strong financial performance with significant revenue growth, high net margins, and efficient asset utilization.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 3:01 pm

GATX

GATX shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:00 pm