Streetbeat News

Earnings

LMT

Lockheed Martin shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:06 pm

GS

SLG

TSM

On CNBC's 'Halftime Report Final Trades,' analysts highlighted Taiwan Semiconductor Manufacturing (TSM), SL Green Realty (SLG), and Goldman Sachs (GS) for their recent financial performances and stock movements. TSM exceeded Q1 financial expectations with a 16.5% revenue increase. SLG reported a 6% yield despite missing sales expectations, and GS reported better-than-expected Q1 earnings, with revenue and EPS beating consensus estimates. Following these reports, TSM, SLG, and GS stocks saw increases in their share prices.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 1:04 pm

NVR

NVR Inc. reported Q1 2024 earnings of $116.41 per share, surpassing the consensus estimate of $103.97 by 11.96%. Quarterly sales reached $2.286 billion, exceeding the $2.221 billion estimate by 2.91% and marking a 4.96% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:03 pm

TXN

Texas Instruments Incorporated (NASDAQ:TXN) is anticipated to release its Q1 earnings after the market closes on Tuesday, with analysts expecting a decrease in earnings per share from $1.85 to $1.07 and a revenue drop from $4 billion to $3.61 billion year-over-year. Evercore ISI Group's analyst Mark Lipacis initiated coverage with an Outperform rating and a $213 price target. The company offers a 3.18% annual dividend yield, equating to $1.30 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $188,598 is required.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 1:03 pm

WBS

Webster Financial's shares declined due to disappointing Q1 earnings per share (EPS) and revenue figures.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:01 pm

GL

Globe Life shares are trading higher following the release of their Q1 earnings, indicating a positive market response to the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:00 pm

CLF

Cleveland-Cliffs shares are trading lower due to worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:58 pm

CR

Crane Company's shares have seen an uptick following the announcement of an upward revision in its financial guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:56 pm

FBP

First BanCorp. shares are trading higher following the release of their Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:56 pm

DHR

RGEN

Repligen shares are trading higher, buoyed by the positive momentum in the life sciences sector, which was sparked by strong earnings reported by Danaher.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:54 pm