Streetbeat News

Earnings

ASST

BREA

BZFD

GMM

GXAI

TBLA

In Thursday's pre-market session, several Communication Services stocks showed notable movements. Global Mofy Metaverse (GMM) led the gainers with a 27.0% increase following their FY earnings release. Other gainers included Asset Entities (ASST), Brera Holdings (BREA), BuzzFeed (BZFD), and Taboola.com (TBLA). On the losing side, Gaxos.AI (GXAI) experienced the largest decline at 17.6%, followed by Arena Group Holdings (AREN), Chicken Soup for the Soul (CSSE), Pop Culture Gr (CPOP), Starbox Group Hldgs (STBX), and Hanryu Holdings (HRYU).

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:06 pm

CHRW

ELWS

NXT

RKLB

WLGS

In Thursday's pre-market session, 12 industrials stocks showed significant movement. WANG & LEE Group and NEXTracker led the gainers with over 17% increases, while Earlyworks Co and Rocket Lab USA were among the top losers, dropping over 11%. Notably, NEXTracker's rise followed its Q3 earnings release, and C.H. Robinson Worldwide's drop came after its Q4 earnings announcement.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:06 pm

BLBX

MXL

QRVO

In Thursday's pre-market session, several Information Technology stocks showed significant movement. Notably, Blackboxstocks, Minim, and Akoustis Technologies were among the top gainers, while Infobird Co, Addvantage Technologies, and Cemtrex led the losers. Qorvo and MaxLinear also reported their quarterly earnings, influencing their stock prices.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:06 pm

ITW

Illinois Tool Works (ITW) reported Q4 adjusted EPS of $2.42, surpassing the $2.41 estimate, marking a 3.42% year-over-year increase. However, its Q4 sales of $3.98B fell short of the $4.01B estimate, a slight 0.30% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:03 pm

ARVN

Analyst ratings for Arvinas (NASDAQ:ARVN) show varied sentiments, with recent updates indicating an average 12-month price target of $45.83, a significant increase from the previous $36.67. Analysts from firms like Goldman Sachs and Wells Fargo have adjusted their ratings and price targets, reflecting evolving market conditions and Arvinas's performance. Despite the optimistic analyst projections, Arvinas faces challenges such as below-average market capitalization, revenue growth below sector average, and poor profitability indicators like net margin and ROE.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:00 pm

AROW

Arrow Financial reported a Q4 GAAP EPS of $0.46, a decrease from $0.71 YoY. Total cash and cash equivalents stood at $142.5 million as of December 31.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:54 pm

ELAB

MXL

NXT

Nextracker Inc. (NASDAQ:NXT) shares surged by around 20% in pre-market trading after reporting Q3 earnings and revenue that significantly beat analyst expectations. Other stocks also showed notable movements in pre-market trading, with several companies experiencing gains due to various factors, including earnings reports, compliance news, and strategic announcements. Conversely, some stocks faced declines due to negative earnings reports, reverse stock splits, and other adverse news.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 12:51 pm

TSCO

Tractor Supply Company projects its FY24 earnings per share (EPS) to be in the range of $9.85 to $10.50, compared to the analyst estimate of $10.33.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:47 pm

TSCO

Tractor Supply (TSCO) reported Q4 2023 adjusted EPS of $2.28, surpassing the $2.22 estimate, but its sales of $3.66B fell short of the $3.67B estimate, marking an 8.64% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:46 pm

FSLY

GIS

RJF

WBS

Insiders at Fastly, General Mills, Raymond James Financial, and Webster Financial have recently sold shares. Fastly's Chief Architect sold shares after a Citigroup upgrade. General Mills' Group President sold shares post mixed Q2 results. Raymond James Financial's EVP sold shares following upbeat Q1 earnings. Webster Financial's President of Commercial Banking sold shares after in-line Q4 earnings. Insider sales can indicate various strategic or personal reasons and should be considered as part of a broader investment decision-making process.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 12:46 pm