Streetbeat News

Earnings

ALK

Alaska Air shares are trading higher following the announcement of better-than-expected Q1 results.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:10 pm

IRDM

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

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:08 pm

BMI

Badger Meter shares surged following the announcement of their Q1 results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:06 pm

LGMK

LogicMark (NASDAQ:LGMK) reported Q4 adjusted EPS of $(1.16), surpassing the $(1.73) estimate, with sales of $2.43M also beating the $2.28M estimate. This represents a significant improvement over the previous year's losses and sales figures.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:03 pm

BOH

EFX

ETSY

FNKO

RANI

SNA

SNV

TVGN

Equifax Inc. reported lower-than-expected Q1 sales and adjusted its guidance below estimates, leading to a 9.5% drop in pre-market trading. Other stocks like Funko, Rani Therapeutics, Tevogen Bio, Synovus Financial, Bank of Hawaii, Etsy, and Snap-on also saw declines in pre-market trading due to various factors including weak sales and downgrades.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 1:03 pm

DHI

LEN

TOL

Shares of homebuilders, including D.R. Horton, Lennar Corporation (LEN), and Toll Brothers (TOL), are trading higher after D.R. Horton reported a Q2 earnings beat and issued guidance above estimates. This positive news has had a sympathetic impact on the sector, leading to increased investor confidence in these companies.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:02 pm

WTFC

Wintrust Financial Corp (NASDAQ:WTFC) has received varied analyst ratings over the past three months, with 10 analysts offering insights. The ratings range from bullish to bearish, with a recent shift towards more bullish perspectives. The average 12-month price target for WTFC has been raised to $116.7, indicating a 6.09% increase from the previous target of $110. Analysts have adjusted their ratings and price targets based on market conditions and company performance, with several analysts raising their price targets. Wintrust Financial operates in banking, specialty finance, and wealth management, showing strong financial performance with notable revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:01 pm

MDB

In the past three months, 26 analysts have provided ratings for MongoDB (NASDAQ:MDB), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $447.46, down 4.42% from the previous $468.16. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their views on MongoDB's market position and financial health. MongoDB's financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA are highlighted as positive, with a debt-to-equity ratio below industry norms.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 1:00 pm

DHI

D.R. Horton announced its Q3 expectations, projecting closed homes to be between 23,500 and 24,000, with a gross margin of 23%-23.5%. The company anticipates Q3 revenue to be between $9.5B and $9.7B, which is below the estimated $9.97B.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 1:00 pm

CSX

CSX shares are trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:54 pm