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Earnings

TSLA

XPEV

XPeng Inc. (NASDAQ:XPEV) shares rose after reporting a 33% year-over-year increase in April EV deliveries, totaling 9,393 vehicles. This includes 1,959 X9 vehicles, with nearly 10,000 units delivered since its launch. Year-to-date, XPeng has delivered 31,214 EVs, marking a 23% increase from the previous year. XPeng's CEO welcomed Tesla Inc.'s (NASDAQ:TSLA) full self-driving software approval in China, anticipating a decade of 'Smart EVs'. Analysts have a mixed outlook on XPEV, with an average 12-month price target of $11.33, suggesting potential upside.

Portfolio Pulse from Erica Kollmann

May 02, 2024 | 7:26 pm

ALB

Albemarle shares are trading higher despite mixed Q1 results, indicating investor optimism or other factors influencing the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:21 pm

TTEK

Tetra Tech's stock price increased following the announcement of their Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:16 pm

PFE

Pfizer Inc (NYSE:PFE) reported Q1 earnings with adjusted EPS of 82 cents, down 33% YoY but above consensus of 54 cents. Sales were $14.9 billion, down 20%, yet above the $14.2 billion consensus. The decrease was attributed to lower Comirnaty and Paxlovid revenues and a $107 million foreign exchange impact. Analysts have mixed sentiments, with Goldman Sachs maintaining a Buy rating and a $31 price target, BMO Capital raising its target from $33 to $36 with an Outperform rating, and Bank of America Securities keeping a Neutral rating with a $35 target. Key product performances and future catalysts were highlighted, including Padcev, Prevnar, Vindaqel, and potential from Abrysvo. PFE shares rose 2.15% to $27.77.

Portfolio Pulse from Vandana Singh

May 02, 2024 | 7:15 pm

PH

Parker Hannifin's stock price has decreased following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:08 pm

MET

MetLife's shares dropped following a report of lower than expected revenue for Q1.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:08 pm

CI

Cigna's shares are trading lower even though the company reported earnings that exceeded expectations for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:05 pm

APO

Apollo Global Management's shares surged following the announcement of their Q1 earnings per share (EPS) and sales, which exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:04 pm

REGN

Regeneron shares are trading higher after initially dropping due to a Q1 earnings miss.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:04 pm

TRI

Thomson Reuters shares surged following the announcement of stronger-than-expected Q1 financial results and an upward revision of its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:02 pm