Streetbeat News

Earnings

GM

During a conference call, GM's CEO acknowledged that the growth pace for electric vehicles (EVs) has slowed, leading to some uncertainty. The company plans to adjust production to match demand.

Portfolio Pulse from Charles Gross

January 30, 2024 | 1:41 pm

GM

General Motors (GM) stock is trading higher following the release of their Q4 financial results, which surpassed expectations. Additionally, GM provided an adjusted EPS guidance for 2024 that is above analyst estimates, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:41 pm

FFIV

F5 Networks, Inc. (FFIV) stock is trading higher following the announcement of their Q1 financial results, which surpassed market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:38 pm

ICCM

SMCI

UPS

Super Micro Computer (SMCI) reported a strong Q2 with adjusted EPS of $5.59, surpassing the $4.93 estimate, and sales of $3.67B, beating the $3.06B estimate. United Parcel Service (UPS) shares fell after announcing Q4 sales that missed expectations and providing FY24 sales guidance below estimates. IceCure Medical (ICCM) saw a significant increase after the U.S. FDA decided to reopen the De Novo Classification Request for the marketing authorization of ProSense® for early-stage breast cancer.

Portfolio Pulse from ryanfaloona@benzinga.com

January 30, 2024 | 1:38 pm

SMCI

Super Micro Computer, Inc. (SMCI) shares have risen following the announcement of their Q2 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:38 pm

BBVA

BBVA shares have experienced an uptick following the announcement of improved financial results for the fourth quarter, compared to the same period in the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:37 pm

HCA

HCA Healthcare's stock is trading higher following the announcement of Q4 financial results that surpassed expectations. Additionally, the company provided FY24 earnings per share (EPS) and revenue guidance that exceeded analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:37 pm

PLOW

Douglas Dynamics reported preliminary FY23 adjusted earnings per share (EPS) of $1.01, which is below the estimated $1.41. Revenue was also lower at $568 million compared to the estimated $612.7 million.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:34 pm

UPS

United Parcel Service (UPS) shares dropped following a report of Q4 sales that fell short of expectations. Additionally, the company's forecast for FY24 sales was below analyst estimates, further impacting the stock.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:34 pm

PLOW

Douglas Dynamics reported preliminary Q4 adjusted earnings per share (EPS) of $0.19, which is significantly lower than the estimated $0.59. Revenue for the quarter was $134 million, also below the expected $178.8 million.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 1:33 pm