Streetbeat News

Earnings

KR

Kroger's CEO announced during a conference call that targeted, personalized promotions resulted in an 18% increase in digitally engaged households in Q4.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:17 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has seen a bearish sentiment in its options market, with 71% of trades being bearish. The options trades indicate an expected price window of $200.0 to $380.0. The company's stock is slightly up by 0.44%, with a current price of $280.1. Analysts have given an average target price of $359.0, with ratings ranging from Buy to Overweight. The next earnings report is expected in 75 days.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 3:16 pm

KR

Kroger's CEO announced in the Q4 earnings call that promotions led to positive traffic, expecting consumer sentiment to improve in 2024. Despite ongoing macro pressures, Kroger anticipates double-digit sales growth in its digital business.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:16 pm

HPK

HighPeak Energy's stock is trading lower due to the company reporting Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:16 pm

MAT

During an Investor Day event, Mattel's CEO forecasted a decline in the toy industry for 2024, albeit at a slower pace compared to 2023. This outlook may influence investor sentiment towards Mattel and the broader toy sector.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:15 pm

RTO

Rentokil Initial's shares surged following the announcement of their fiscal year 2023 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:05 pm

A

TECH

Bio-Techne (NASDAQ:TECH) is set to distribute a dividend of $0.08 per share on March 07, 2024, with an annualized yield of 0.46%. The company's dividend yield is moderate compared to industry peers like Agilent Technologies (NYSE:A), which has a yield of 0.65%. Despite a decrease in dividend per share from $1.28 in 2020 to $0.32 in 2023, Bio-Techne's earnings per share have grown from $1.23 to $1.96 in the same period, indicating a potential focus on reinvesting profits for growth.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 3:05 pm

RTO

Rentokil Initial (NYSE:RTO) reported FY23 adjusted EPS of $0.29, surpassing the $0.28 estimate, and sales of $6.69B, exceeding the $6.67B estimate. This represents an 8.71% increase in earnings and a 44.74% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 2:57 pm

MDB

MongoDB, Inc. (NASDAQ:MDB) is set to release its Q4 financial results on March 7, 2024, with analysts expecting a decrease in earnings per share from the previous year but an increase in revenue. The company has expanded its MongoDB Atlas platform to six additional cloud regions. Ahead of the earnings call, analysts from Citigroup, Guggenheim, Truist Securities, Keybanc, and UBS have revised their ratings and price targets for MongoDB, reflecting a mix of optimism and caution.

Portfolio Pulse from Avi Kapoor

March 07, 2024 | 2:55 pm

APM

BJ

BREA

CDMO

CERO

LYT

SWIN

Nasdaq rose by 100 points as U.S. stocks traded higher, with BJ's Wholesale reporting weaker than expected sales for Q4 FY23. Materials and health care sectors saw gains, while Lytus Technologies, CERo Therapeutics, and Brera Holdings experienced significant stock increases. Conversely, Solowin Holdings, Aptorum Group, and Express, Inc. saw notable declines. Oil prices fell, while gold and copper prices increased.

Portfolio Pulse from Avi Kapoor

March 07, 2024 | 2:54 pm