Streetbeat News

Earnings

WTW

Willis Towers Watson shares are trading lower following the announcement of Q1 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:51 pm

LH

Laboratory Corp shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:49 pm

TSCO

Tractor Supply Company (NASDAQ:TSCO) shares fell despite Q1 earnings per share of $1.83 beating estimates of $1.71 and revenues of $3.395 billion aligning with expectations. The decline was possibly due to the slower growth in comparable store sales, which increased by 1.1% compared to 2.1% in the previous year. The company also reiterated its FY24 outlook, expecting GAAP EPS of $9.85-10.50 and sales of $14.700 billion-15.100 billion.

Portfolio Pulse from Nabaparna Bhattacharya

April 25, 2024 | 2:49 pm

DOV

Dover shares surged following the announcement of its Q1 financial results, which exceeded expectations. The company also revised its FY24 guidance upwards.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:48 pm

VRT

Vertiv Holdings' shares surged following upgrades in price targets by multiple firms and a positive earnings report. The company exceeded Q1 expectations and uplifted its 2024 financial outlook.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:47 pm

LMT

Lockheed Martin Corp (NYSE:LMT) reported a 13.7% increase in Q1 net sales to $17.195 billion, with EPS of $6.33, slightly down from $6.43 YoY but above expectations. The stock shows signs of a bullish trend with a potential Golden Cross indicator. Analysts have a neutral rating but see a 10%+ upside, with a consensus target of $503.67.

Portfolio Pulse from Surbhi Jain

April 25, 2024 | 2:43 pm

MORN

Morningstar shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:41 pm

GGG

Graco Inc. shares are trading lower due to the company reporting worse-than-expected financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:39 pm

FCNCA

First Citizens BancShares' stock is trading higher following the announcement of their Q1 adjusted EPS results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:38 pm

RCL

A Royal Caribbean executive reported during a conference call that weekly bookings have significantly outpaced those of the previous year, despite having less inventory available for sale.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 2:34 pm