Streetbeat News

Earnings

ELV

During a conference call, an executive from Elevance Health expressed anticipation for stronger membership growth in the current year.

Portfolio Pulse from Charles Gross

January 24, 2024 | 1:48 pm

BKR

Baker Hughes has projected its FY24 revenue to be in the range of $26.50 billion to $28.50 billion, which is a broad range that includes a midpoint below the estimated $28.11 billion.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:43 pm

BKR

Baker Hughes has provided revenue guidance for Q1 2024, projecting revenues to be between $6.10 billion and $6.60 billion, which brackets the analyst estimate of $6.51 billion.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:43 pm

PGR

Progressive Corporation's stock (PGR) is trading higher following the announcement of their fourth-quarter financial results.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:39 pm

FCX

Freeport-McMoRan's stock (FCX) is trading higher following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:38 pm

ASML

ASML shares have risen following the announcement of their Q4 financial results, which exceeded expectations. The company also provided future guidance that likely contributed to the positive investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:36 pm

SAP

SAP's stock price has increased following the announcement of their positive Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:34 pm

NFLX

Netflix reported Q4 sales that exceeded expectations and a 12.8% increase in global streaming paid memberships compared to the previous year, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:32 pm

PGR

Progressive Corporation (NYSE:PGR) reported Q4 2023 adjusted earnings per share (EPS) of $2.96, surpassing the analyst consensus estimate of $2.43 by 21.81%.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:31 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm