Streetbeat News

Earnings

UBSI

United Bankshares (NASDAQ:UBSI) reported Q1 earnings of $0.64 per share, missing the consensus estimate of $0.65 by 1.54% and marking a 12.33% decrease from last year's $0.73 per share.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:13 pm

TCBK

TriCo Bancshares (NASDAQ:TCBK) reported Q1 2024 earnings of $0.83 per share, surpassing the $0.80 estimate, but saw a 22.43% decrease from last year's $1.07. Sales reached $98.507M, missing the $100.039M estimate and marking a 7.91% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:12 pm

WKSP

Worksport Ltd. (NASDAQ:WKSP, WKSPW) released a memo to shareholders highlighting its undervalued status and projecting significant growth in 2024. The company, specializing in hybrid and clean energy solutions for light trucks, emphasized its strong patent portfolio, state-of-the-art facility, and upcoming product launches, including the SOLIS solar cover and COR portable energy storage system. Worksport anticipates substantial revenue growth from these innovations and has seen positive B2C and B2B sales momentum. Additionally, its subsidiary, Terravis Energy, Inc., is developing a groundbreaking heat pump technology, with the company also pursuing several multi-million-dollar grants to support further growth.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:11 pm

GPRK

Geopark reported its 1Q 2024 average oil and gas production at 35,473 barrels of oil equivalent per day (Boe/Day), with its 2024 guidance remaining unchanged. The company anticipates a full-year average production of 35,500-39,000 Boe/Day and plans a fully-funded 2024 organic capital expenditures program of $150-200 million to drill 35-45 gross wells.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:09 pm

WTBA

West Bancorp (NASDAQ:WTBA) reported Q1 2024 earnings of $0.35 per share, surpassing the $0.27 estimate, with sales of $19.049M also beating the $18.890M estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:09 pm

TMUS

T-Mobile US, Inc. (NASDAQ:TMUS) is anticipated to release its Q1 earnings on April 25, 2024, with expected earnings of $1.87 per share, up from $1.58 the previous year, and projected revenue of $19.81 billion. The company recently completed $163 million in network upgrades in Arkansas and offers a 1.58% annual dividend yield. To earn $500 monthly from dividends, an investment of approximately $378,927 is required.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 12:08 pm

LAB

Standard BioTools anticipates achieving annualized operating expense savings of $45M-$50M by fiscal 2025. This financial maneuver is aimed at improving the company's operational efficiency and financial health.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:07 pm

XOMA

Xoma Corporation has earned $9 million due to the FDA's accelerated approval of Day One's Ojemda (Tovorafenib) for treating relapsed or refractory BRAF-Altered Pediatric Low-grade Glioma. This milestone payment is a significant financial event for Xoma, highlighting the company's involvement in the development and success of Ojemda.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:07 pm

GROV

HZO

JAKK

MBLY

In Thursday's pre-market session, several consumer discretionary stocks showed notable movements. Grove Collaborative Holdings, Serve Robotics, Connexa Sports Techs, Visionary Holdings, and Mobileye Global were among the gainers, with Mobileye Global reporting a 6.87% increase following their Q1 earnings release. On the downside, Jakks Pacific, EpicQuest Education Group, MarineMax, Amesite, Massimo, and Genius Group experienced declines, with Jakks Pacific and MarineMax reporting their Q1 and Q2 earnings respectively.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 12:06 pm

ILAG

TRU

TXT

ULBI

In Thursday's pre-market session, several industrials stocks showed significant movement. Intelligent Living, Ultralife, P.A.M. Transportation, TransUnion, Nauticus Robotics, and SES AI were among the gainers, with Intelligent Living leading at a 56.6% increase. On the downside, Lichen China, ESGL Holdings, Textron, Northann, Shimmick, and Earlyworks Co experienced declines, with Lichen China dropping by 8.4%. Notably, Ultralife, TransUnion, and Textron released their Q1 earnings reports today.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 12:06 pm