Streetbeat News

Earnings

AGEN

CHUY

COMM

CURV

LESL

SILO

U.S. stocks fell on Thursday with the Dow down 250 points and the Nasdaq dropping over 200 points. Jobless claims increased by 10,000 to 243,000, surpassing market estimates. CommScope, Silo Pharma, and Chuy’s Holdings saw significant stock price increases, while Agenus, Leslie’s, and Torrid Holdings experienced sharp declines.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 4:06 pm

VLTO

In the last three months, analysts have provided diverse ratings for Veralto (NYSE:VLTO), ranging from bullish to indifferent. The average 12-month price target has increased by 5.67% to $102.5. Analysts have recently raised their price targets, reflecting positive sentiment. Veralto shows strong financial performance with notable revenue growth, net margin, ROE, and ROA, but carries a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 4:00 pm

CASS

Cass Information Systems shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:59 pm

ALK

Alaska Air Group (ALK) executives have indicated that they expect increased pressure on unit costs in Q3 compared to Q1 and Q2, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:54 pm

TCBI

Texas Capital Bancshares shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:54 pm

ALK

Alaska Air Group shares are trading lower after the company reported worse-than-expected Q2 sales results and cut its FY24 EPS guidance below estimates and issued Q3 EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:49 pm

BROS

CMG

DPZ

QSR

SG

Shares of restaurant and fast food stocks are trading lower in possible sympathy with Domino's, which fell after reporting mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:48 pm

TFIN

Triumph Financial shares are trading lower after the company reported worse-than-expected Q2 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:48 pm

UBSFY

Ubisoft reported Q1 net bookings of €290M, missing the €300M consensus, but Q1 IFRS 15 sales were up 12% YoY to €323.5M. The company expects Q2 net bookings around €500M and confirmed its 2024/2025 outlook. Ubisoft will release 'Star Wars Outlaws' on August 30, 2024, and 'Assassin's Creed Shadows' on November 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:42 pm

PFE

Pfizer Inc (NYSE:PFE) is nearing a bullish Golden Cross, indicating potential upward momentum for its stock. The stock is trading above key moving averages and has a strong MACD indicator, although the RSI suggests it is nearing overbought territory. Pfizer's oncology portfolio and products like Comirnaty and Paxlovid are expected to drive future growth, despite potential challenges.

Portfolio Pulse from Surbhi Jain

July 18, 2024 | 3:40 pm