Streetbeat News

Earnings

SOFI

SoFi has updated its 2024 GAAP EPS forecast to $0.08-$0.09, an increase from the previous range of $0.07-$0.08.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:03 am

SOFI

SoFi has updated its adjusted net revenue expectations for 2024 to $2.39B-$2.43B, slightly above the estimated $2.37B and the previously implied range of $2.365B-$2.405B.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:02 am

REGN

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) announced positive long-term results and subgroup analyses for EYLEA HD (aflibercept) Injection 8 mg at the ARVO annual meeting. The data is part of 14 abstracts on EYLEA HD and EYLEA (aflibercept) Injection 2 mg being presented.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:02 am

MNY

MoneyHero (NASDAQ:MNY) reported a Q4 EPS loss of $(2.80), a 27.27% decrease from last year's $(2.20) loss per share. Sales rose to $26.40M, a 53.14% increase from $17.24M in the same period last year.

Portfolio Pulse from saritha@benzinga.com

April 29, 2024 | 11:02 am

SOFI

SoFi Technologies, Inc. (SOFI) reported Q1 2024 GAAP EPS of $0.02, surpassing the $0.01 estimate, with sales of $580.648M exceeding the $555.997M forecast, marking a 26.18% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:00 am

JKS

JinkoSolar Holding has reaffirmed its module shipment forecast for FY24, maintaining expectations in the range of 100.0 GW to 110.0 GW.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 10:55 am

JKS

JinkoSolar Holding anticipates module shipments to reach 24.0 GW to 26.0 GW for Q2.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 10:54 am

JKS

JinkoSolar Holding reported Q1 shipments of 21,907 MW, marking a 21.6% decrease from the previous quarter but a 51.2% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 10:54 am

AMC

PARA

QQQ

SPY

TSLA

U.S. stocks are poised for cautious optimism ahead of the Fed meeting and tech earnings, with futures indicating modest gains. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket increases. Analysts highlight the potential for a seasonally strong period and recommend buying the dip contingent on a dovish Fed stance. Key economic data and earnings reports are anticipated, with notable premarket movements in Tesla, AMC Entertainment, and Paramount Global stocks.

Portfolio Pulse from Shanthi Rexaline

April 29, 2024 | 10:54 am

JKS

JinkoSolar Holding Co (NYSE:JKS) reported Q1 sales of $3.19 billion, missing the analyst consensus estimate of $3.25 billion by 1.78% and marking a 6.03% decrease from $3.40 billion in sales the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 10:52 am