Streetbeat News

Earnings

NLY

Annaly Capital Management (NLY) reported Q1 earnings of $0.64 per share, meeting analyst estimates, and a 20.99% decrease from last year's $0.81. Sales reached $1.09B, surpassing the $1.02B estimate, marking a 33.76% increase from the previous year's $818.25M.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:17 pm

URI

United Rentals (NYSE:URI) reported Q1 2024 earnings of $9.15 per share, surpassing the $8.33 estimate, with sales of $3.485B also beating the $3.442B estimate, marking a 6.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:17 pm

SNAP

Deep-pocketed investors have shown a bearish sentiment towards Snap Inc. (NYSE:SNAP), with a significant move in options trading detected by Benzinga's options scanner. The data reveals 52 unusual options activities, with a bearish majority of 69% and bullish minority of 26%. Notable trades include both puts and calls with strike prices ranging from $8.5 to $30. Significant trading activity suggests expectations for Snap's stock price movement within this range over the next three months. Snap, known for its social networking app Snapchat, has over 400 million daily active users and derives most of its revenue from advertising. Despite the bearish options sentiment, Snap's stock is currently neutral with an RSI indicator and is expected to release its next earnings in 1 day. Analysts have recently adjusted their ratings and price targets for SNAP, with an average target price of $13.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 8:16 pm

NBR

Nabors Industries reported its Q1 2024 earnings with a GAAP EPS of $(4.54) and sales of $734 million, surpassing the estimated sales of $728.893 million.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:16 pm

NOW

ServiceNow's stock is trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:16 pm

GGG

Graco (NYSE:GGG) reported Q1 2024 earnings of $0.65 per share, missing the consensus estimate of $0.74, and sales of $492.189M, below the expected $536.386M. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:16 pm

MOH

Molina Healthcare (NYSE:MOH) reported Q1 earnings of $5.73 per share, surpassing the $5.59 estimate, and sales of $9.93B, exceeding the $9.44B estimate. This represents a 1.38% decrease in earnings per share but a 21.87% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:16 pm

RJF

Raymond James Financial (RJF) reported Q2 2024 adjusted earnings of $2.31 per share, meeting analyst estimates, but missed revenue expectations with $3.120 billion against a $3.143 billion forecast. This represents an 8.60% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:16 pm

VIST

Vista Energy reported Q1 2024 earnings of $0.79 per share, missing the $0.90 estimate, with sales of $317.352M also missing the $353.791M estimate, marking a 4.66% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:15 pm

F

Ford anticipates improvements in electric vehicle (EV) costs but expects these gains to be counterbalanced by top-line pressures. The company reported a decline in Model E revenue, attributed to decreased wholesales and significant industrywide pricing pressure.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:15 pm