Streetbeat News

Earnings

EPD

Enterprise Prods Partners (EPD) reported Q1 2024 earnings of $0.66 per share, missing the estimate of $0.67 by 1.49%. Sales were $14.760B, beating the $14.230B estimate, marking an 18.61% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:02 am

THRM

Gentherm (NASDAQ:THRM) reported Q1 adjusted earnings of $0.62 per share, surpassing the $0.43 estimate, marking a 44.19% beat and a 26.53% increase from last year's $0.49. However, their Q1 sales of $356.01M fell short of the $358.53M estimate by 0.70%, and saw a 2.09% decrease from the previous year's $363.63M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:02 am

IT

Gartner (NYSE:IT) reported Q1 2024 adjusted EPS of $2.93, surpassing the $2.53 estimate, marking a 15.81% beat and a 1.74% increase from last year's $2.88. However, their sales of $1.473B slightly missed the $1.475B estimate by 0.11%, though it's a 4.54% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:01 am

APD

Air Products & Chemicals (APD) reported Q2 2024 adjusted EPS of $2.85, surpassing the $2.69 estimate, marking a 4.01% year-over-year increase. However, their sales of $2.930B fell short of the $3.047B estimate, showing a significant decrease from $3.200B the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:01 am

LDOS

Leidos Holdings (NYSE:LDOS) reported Q1 2024 adjusted EPS of $2.29, surpassing the $1.70 estimate, with sales of $3.975B also beating the $3.818B estimate, marking a 7.46% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:01 am

VGK

The Eurozone's Gross Domestic Product (GDP) for the first quarter showed a year-over-year increase of 0.4%, surpassing the estimated 0.2% and the previous 0.1% growth. This indicates a stronger economic performance than anticipated.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:39 am

PNM

PNM Resources (NYSE:PNM) reported Q1 2024 adjusted EPS of $0.41, surpassing the $0.40 estimate, but its sales of $436.877M fell short of the $530.997M forecast. This represents a 25.45% decrease in earnings and a 19.70% drop in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:25 am

ADDYY

Adidas projects its revenue to grow at a mid- to high-single-digit rate by FY24, with an expected operating profit of €700 million.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:55 am

AMD

ARKQ

BYDDY

QCOM

SOXX

TSM

Cathie Wood's Ark Invest engaged in significant stock purchases ahead of AMD's earnings report, buying shares in AMD, TSMC, and Qualcomm through its ARKQ ETF. Additionally, Ark bought shares in BYD Co. Ltd., a Chinese EV company backed by Warren Buffett. The iShares Semiconductor ETF (SOXX) also saw an increase. Ark's ARKK ETF closed up 2.41%.

Portfolio Pulse from Shanthi Rexaline

April 30, 2024 | 8:54 am

ADDYY

adidas reported a significant increase in Q1 earnings to $1.04 per share, up from a loss of $(0.10) YoY, with sales rising 4.88% to $5.94B from $5.66B YoY.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:52 am