Streetbeat News

Earnings

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

LU

Lufax Holding's shares are trading lower due to a Q1 revenue miss and the announcement of a CFO transition.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:53 pm

NEP

NextEra Energy Partners (NEP) shares are trading higher following the release of their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:52 pm

OPCH

Option Care Health's stock is trading higher following the announcement of a Q1 earnings beat and an upward revision of the lower end of its 2024 guidance range.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:52 pm

KMB

Kimberly-Clark Corporation (NYSE:KMB) shares rose 5% in premarket trading after reporting Q1 results that exceeded analyst expectations. Adjusted EPS was $2.01, surpassing the consensus of $1.63, with revenues of $5.149 billion beating estimates of $5.085 billion. Organic sales grew by 6%, and gross margin improved by 390 basis points due to productivity gains and pricing actions, particularly in hyperinflationary economies like Argentina. Despite a 12 percentage point impact from currency translation, adjusted operating profit increased by 14%. The company also updated its outlook, expecting mid-single digit organic net sales growth and a low-teens percentage rate growth in adjusted EPS on a constant-currency basis.

Portfolio Pulse from Nabaparna Bhattacharya

April 23, 2024 | 12:50 pm