Streetbeat News

Earnings

GPC

Genuine Parts reported Q1 adjusted earnings of $2.22 per share, surpassing the $2.16 estimate, marking a 3.74% year-over-year increase. However, their Q1 sales of $5.78 billion fell short of the $5.84 billion estimate, a slight 0.31% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:58 am

KEY

KeyCorp (NYSE:KEY) reported its Q1 adjusted earnings per share at $0.22, meeting analyst consensus estimates but marking a 26.67% decrease from the $0.30 per share reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:57 am

JBL

MU

NFLX

QQQ

SPY

Wall Street anticipates breaking a 4-day losing streak, fueled by optimism from Fed speeches and upcoming Netflix earnings. Futures are up, with SPY and QQQ showing premarket gains. Analysts suggest the S&P 500's volatility doesn't signal major concern, highlighting strong sectors and advising portfolio rebalancing in light of persistent inflation. Economic data and Fed comments today could further influence markets. Stocks like JBL and MU are in focus due to positive premarket activity and potential CHIPS Act grants, respectively.

Portfolio Pulse from Shanthi Rexaline

April 18, 2024 | 10:55 am

FOR

Forestar Group (NYSE:FOR) reported Q2 2024 earnings of $0.89 per share, surpassing the consensus estimate of $0.81. Sales reached $333.800M, exceeding estimates of $325.913M and marking a 10.71% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:49 am

CMA

Comerica (NYSE:CMA) reported Q1 2024 adjusted EPS of $1.29, surpassing the $1.12 estimate, but its sales of $784M fell short of the $806.371M forecast, marking a 20.81% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:47 am

AA

Alcoa shares are trading higher following the release of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:42 am

OZK

Bank OZK shares are trading higher following the release of their Q1 earnings, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:41 am

SNA

Snap-on reported Q1 2024 adjusted EPS of $4.75, surpassing the $4.64 estimate, but its sales of $1.182B fell short of the $1.199B forecast, marking a slight 0.08% year-over-year decrease.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:39 am

NOK

Nokia shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:38 am

TSM

Taiwan Semiconductor (TSM) shares are trading lower after the company reported its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:36 am