Streetbeat News

Earnings

FMS

Fresenius Medical Care (FMS) shares are trading higher, influenced by DaVita's better-than-expected Q4 financial results. This movement reflects the market's positive reaction to strong performance within the dialysis sector.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:17 pm

WELL

Welltower shares are trading higher following the announcement of better-than-expected Q4 FFO results.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:16 pm

NU

Nu Holdings (NYSE:NU) has seen unusual options activity indicating a bullish stance by large investors, with a split of 77% bullish and 22% bearish sentiment. The activity includes 9 trades, predominantly calls, targeting a price range of $9.0 to $10.0. The company, a digital banking service provider, has seen its stock price increase by 1.51% to $10.07, with an upcoming earnings report in 8 days. An analyst from UBS maintains a Buy rating with a target price of $11.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:16 pm

CRL

Charles River Laboratories' shares surged following the announcement of Q4 results that exceeded expectations and the issuance of guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:15 pm

GOLD

Barrick Gold Corp (NYSE:GOLD) reported Q4 revenue of $3.06 billion, surpassing consensus estimates. Gold production and sales slightly increased, while the average realized gold price rose 3%. Copper production also saw a minor increase. Adjusted EPS was $0.27, beating expectations. The company announced a Q4 dividend of $0.10 and a new $1.0 billion share buyback program. FY24 outlook includes gold production of 3.9-4.3 million ounces and capital expenditure of $2.50-$2.90 billion. GOLD shares dropped 1.13% to $13.99.

Portfolio Pulse from Lekha Gupta

February 14, 2024 | 3:14 pm

REZI

Resideo Technologies' shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:14 pm

AVTR

Avantor shares are trading higher following the announcement of their Q4 results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 3:10 pm

AGFY

GTBIF

TCNNF

VFF

Agrify Corporation (NASDAQ:AGFY) reported a significant reduction in its Q3 net loss to $2.1 million from $57.4 million YoY, with revenue dropping nearly 56% to $3.1 million. The company highlighted cost reduction measures and a legal settlement gain. Shares rose 1.9271% post-announcement. The report also mentions potential growth in cannabis stocks, highlighting gains in other cannabis companies.

Portfolio Pulse from Jelena Martinovic

February 14, 2024 | 3:09 pm

BFIN

UBFO

BankFinancial (NASDAQ:BFIN) announces a dividend payout of $0.10 per share with an annualized yield of 3.69%, payable on February 23, 2024, to shareholders of record as of February 09, 2024. The company has maintained a stable dividend of $0.40 per share annually from 2020 to 2023, while its earnings per share have grown from $0.67 to $0.85 in the same period, indicating a strong financial health and potential for future dividend increases.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 3:05 pm

BTCUSD

CCJ

SWAV

This week's investment insights cover Janet Yellen's inflation comments, Bitcoin's recovery post-ETF approval dip, DKI's report on Shockwave Medical (SWAV) with a positive outlook, Cameco's (CCJ) shortfall in uranium production and its impact on prices, and the decline in used car prices potentially affecting the CPI. Yellen's remarks are criticized for being out of touch, Bitcoin's resilience is highlighted, SWAV's potential for acquisition is discussed, CCJ's production miss is seen as a temporary setback for uranium prices, and the drop in used car prices is seen as a minor contributor to CPI reduction.

Portfolio Pulse from Gary Brode

February 14, 2024 | 3:05 pm