Streetbeat News

Revenues

FIS

Analysts have provided mixed ratings for Fidelity National Info (NYSE:FIS) over the past three months, with a recent average 12-month price target of $85.8. Key analysts have raised their price targets, reflecting positive sentiment. The company's financials show strong net margins and efficient asset management but face challenges in ROE.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 1:01 pm

ITCI

Intra-Cellular Therapies (NASDAQ: ITCI) has received mixed evaluations from 9 analysts over the past three months, with a majority being bullish. The average 12-month price target has increased to $99.0. The company has shown significant revenue growth but faces challenges in profitability and returns.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 1:00 pm

BTCUSD

N225

Bitcoin defies bearish signals as the Bank of Japan's stance on maintaining low borrowing costs reshapes market dynamics. The BOJ's decision to continue monetary easing has provided a lifeline to risk assets, including Bitcoin, which rebounded sharply. The Japanese yen weakened, and Japan's Nikkei index surged.

Portfolio Pulse from Murtuza Merchant

August 07, 2024 | 1:00 pm

DIS

Disney's CFO reported that bundling their streaming services has positively impacted cancellation rates. Additionally, advertising revenue increased by 8% for the quarter, which was described as 'very healthy' during a conference call.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:59 pm

GEO

The GEO Group, Inc. (NYSE:GEO) shares are trading higher after reporting mixed Q2 FY24 results. Revenue missed estimates, but adjusted EPS exceeded expectations. The company completed a comprehensive refinancing of its debt and received a task order from ICE. GEO revised its FY24 outlook, lowering EPS and EBITDA projections.

Portfolio Pulse from Lekha Gupta

August 07, 2024 | 12:55 pm

CVS

CVS CEO expressed confidence in the pricing of Medicare insurance plans for 2025, based on prudent healthcare utilization assumptions. However, there is potential incremental pressure in inpatient services for July. The updated forecast indicates higher trends in the second half of 2024 compared to the first half.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:53 pm

LYFT

Lyft CEO announced a new Price Lock feature that allows users to cap fares with a subscription. The company also reported a decrease in prime time bookings in Q2, with further declines expected in Q3.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:52 pm

RDDT

Reddit Inc. (NYSE: RDDT) reported strong Q2 results with significant growth in daily active users and revenue. However, JPMorgan warns of potential volatility due to an upcoming lock-up expiration and a possible slowdown in advertising revenue growth.

Portfolio Pulse from Surbhi Jain

August 07, 2024 | 12:52 pm

AGIO

Agios Pharmaceuticals shares are trading higher after the company announced it will receive $1.1 billion in milestone payments.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:52 pm

FLYW

Flywire shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and cut its FY24 revenue guidance. The company also announced it acquired Invoiced.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 12:51 pm