Streetbeat News

Earnings

BKNG

Booking Holdings reported Q4 earnings of $32.00 per share, surpassing the $29.86 estimate, and sales of $4.78B, exceeding the $4.71B estimate. This represents a 29.35% increase in earnings and an 18.15% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:02 pm

INTU

Intuit has reiterated its fiscal year 2024 guidance, projecting revenues to be between $15.89 billion and $16.105 billion, with adjusted earnings per share (EPS) expected to range from $16.17 to $16.47.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:01 pm

INTU

Intuit (NASDAQ:INTU) reported Q2 2024 earnings of $2.63 per share, surpassing the consensus estimate of $2.30 by 14.35%. Quarterly sales were $3.39 billion, in line with estimates and marking an 11.34% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:00 pm

NVDA

QQQ

Major stock indexes have seen an uptick ahead of the market close, driven by a surge in technology stocks. This positive momentum comes in the wake of robust earnings reported by NVIDIA, which has contributed to the overall strength in the tech sector.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:49 pm

INTU

NVDA

QQQ

SMH

SPY

SQ

Stock indexes closed higher, driven by a surge in semiconductor and AI stocks following NVIDIA's positive earnings report. Block and Intuit are set to report their earnings after the market close.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:48 pm

INDV

Indivior's shares surged following its fourth-quarter earnings report. The company is considering a transition to a primary listing in the U.S. by 2024, initiating shareholder consultations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:30 pm

BKNG

Bookings Holdings shares are trading higher in anticipation of its earnings results, which will be reported after the market closes.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:20 pm

VAC

Shares of Marriott Vacations (VAC) are trading higher following the announcement of their Q4 results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:09 pm

JOBY

Joby Aviation's shares are trading lower following the release of its fourth-quarter earnings and the provision of a 2024 outlook.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:08 pm

ADI

TXN

Analysts from Oppenheimer, Needham, and Morgan Stanley provided updates on Analog Devices, Inc (ADI) following mixed Q1 results and a lower Q2 outlook. Oppenheimer remains optimistic, reiterating an Outperform rating with a $215 target, highlighting ADI's strong position in auto and industrial sectors. Needham maintains a Hold rating, expecting a muted recovery due to sluggish demand in the automotive segment. Morgan Stanley remains Overweight but reduced its target from $219 to $212, citing margin resilience and inventory management as positive signs amid a historic downturn. ADI's shares dropped slightly by 0.57% to $192.62.

Portfolio Pulse from Anusuya Lahiri

February 22, 2024 | 8:04 pm