Streetbeat News

Earnings

MUR

Murphy Oil reported a production of 170K barrels of oil equivalent per day (MBOEPD) in Q1, with oil making up 52% of the volume at 89K barrels per day. This performance highlights the company's production capabilities and its focus on oil.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

QCOM

Qualcomm's stock is on the rise following the announcement of its Q2 financial results, which exceeded expectations. Additionally, the company has increased its dividend to $0.85 and provided guidance for Q3.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

QRVO

Qorvo shares are trading lower due to weak Q1 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

TRGP

Targa Resources has reaffirmed its full year 2024 adjusted EBITDA outlook, maintaining its estimate between $3.7 billion and $3.9 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:09 am

EXLS

ExlService projects its FY24 adjusted EPS to be in the range of $1.58 to $1.62, compared to the estimated $1.61.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:08 am

MNTX

Manitex International has reaffirmed its fiscal year 2024 revenue forecast to be in the range of $300 million to $310 million, aligning closely with the analyst estimate of $305.6 million. Additionally, the company anticipates its total adjusted EBITDA margin to be between 10.1% and 10.5%.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:08 am

XRAY

Dentsply Sirona's shares dropped due to a Q1 revenue miss, indicating a potential short-term negative impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:08 am

CI

Cigna has increased its adjusted EPS guidance for 2024 to at least $28.40, up from the previous guidance of $28.25, slightly below the consensus estimate of $28.44.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:07 am

EXLS

ExlService projects its FY24 revenue to be between $1.79 billion and $1.82 billion, surpassing the estimated $1.8 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:07 am

TRGP

Targa Resources (NYSE:TRGP) reported Q1 sales of $4.562 billion, surpassing the analyst consensus estimate of $4.296 billion by 6.19%, and marking a 0.91% increase from the previous year's sales of $4.521 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:07 am