Streetbeat News

Revenues

ESP

Espey Mfg & Electronics reported a significant increase in Q4 earnings per share (EPS) and sales compared to the previous year. EPS rose by 102.78% to $0.73, while sales increased by 39.17% to $11.61 million.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:08 pm

CHSN

Chanson International reported a significant decline in its financial performance for H1 2024, with EPS dropping to $0.002 from $0.027 YoY, and revenue decreasing to $7.54M from $8.81M YoY. Gross profit and net income also saw declines.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:07 pm

BMBL

MTCH

KeyBanc Capital Markets analyst Justin Patterson downgraded Bumble Inc. (BMBL) due to weak app store data and financial outlook concerns. Despite potential acquisition interest, regulatory challenges could arise if Match Group (MTCH) attempts to acquire Bumble. Bumble's new features may disrupt its unique approach, and the company faces significant challenges in stabilizing its business.

Portfolio Pulse from Nabaparna Bhattacharya

September 27, 2024 | 8:02 pm

MET

MetLife (NYSE:MET) has been evaluated by 10 analysts over the past three months, with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $88.2, reflecting a positive sentiment. Analysts have adjusted their ratings and price targets, indicating a generally optimistic outlook for MetLife. Despite positive revenue growth, MetLife faces challenges with below-average net margin, ROE, and ROA, as well as a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 8:00 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years with an average annual return of 24.12%, surpassing the market by 9.84% annually. A $1000 investment in MRVL 5 years ago would now be worth $2,831.40.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 8:00 pm

UBER

Uber Technologies (NYSE:UBER) has outperformed the market over the past 5 years with an average annual return of 21.08%, surpassing the market by 6.8% annually. A $1000 investment in UBER 5 years ago would now be worth $2,489.99.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 8:00 pm

ASML

ASML Holding (NASDAQ:ASML) has significantly outperformed the market over the past decade, with an annualized return of 24.13%. A $1000 investment in ASML 10 years ago would now be worth $8,689.78, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 7:30 pm

LIN

Linde (NASDAQ:LIN) has outperformed the market over the past 5 years with an average annual return of 20.57%, resulting in a $100 investment growing to $248.02. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 7:30 pm

LW

Lamb Weston Hldgs Inc. (NYSE:LW) has seen a short-term stock price increase of 7.14% over the past month, despite a 28.07% decrease over the past year. The company's P/E ratio of 13.35 is lower than the Food Products industry average of 34.98, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 7:30 pm

AMC

AMC Entertainment Holdings (NYSE:AMC) has refinanced its debt and received a raised credit rating from S&P Global, leading to increased optimism from CEO Adam Aron. The company has pushed its debt maturities further out and benefited from a strong summer box office, doubling earnings from June to September. Despite challenges like the COVID-19 pandemic and Hollywood labor strikes, AMC is now positioned to play offense with rising profitability.

Portfolio Pulse from Chris Katje

September 27, 2024 | 7:08 pm