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Revenues

BLRX

BioLineRx disclosed promising data from a Phase 2 clinical trial evaluating Motixafortide in first-line pancreatic cancer at the ASCO 2024 Annual Meeting. The study showed significant increases in CD8+ T-cell density and high rates of partial response and disease control among patients.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:03 am

BKE

Buckle (NYSE:BKE) reported Q1 earnings per share (EPS) of $0.69, missing the analyst consensus estimate of $0.74 by 6.76%. This represents a 19.77% decrease from the same period last year. Quarterly sales were $262.48 million, also missing the estimate of $263.64 million by 0.44%, and showing a 7.20% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:53 am

BAH

Booz Allen Hamilton projects FY25 revenue growth between 8.0% and 11.0% year-over-year, compared to an estimated $11.48 billion. The company also expects adjusted EPS to range from $5.80 to $6.05, versus an estimated $5.92.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:51 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has significantly reduced the production of its Model Y SUV at its Shanghai gigafactory due to waning demand in China. The production cut, which began in March, is a response to a fierce price war among electric vehicle manufacturers and an economic slowdown in China. The Shanghai plant plans to reduce Model Y output by at least 20% from March to June. Tesla's market share in China's electric and plug-in hybrid market has dropped, and the company sold 62,617 made-in-China EVs in April, down 18% year-over-year.

Portfolio Pulse from Anan Ashraf

May 24, 2024 | 10:48 am

BAH

Booz Allen Hamilton (NYSE:BAH) reported Q4 2024 adjusted EPS of $1.33, beating the estimate of $1.23. Sales were $2.771 billion, surpassing the $2.718 billion estimate and marking a 13.91% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:46 am

EVTL

Vertical Aerospace has mutually agreed to exit its contract with Rolls-Royce for designing an electric propulsion unit (EPU). Vertical will receive a cash amount from Rolls-Royce by June 30 to cover the costs of an alternative EPU design. The exit will not impact the completion of Vertical's new prototype or its identical twin. Vertical is actively engaging with potential EPU partners and aims for type certification by the end of 2026. Rolls-Royce will return its EVTL shares to Vertical.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:17 am

EVTL

Vertical Aerospace announced it received a $47 million grant from the Aerospace Technology Institute in February to develop next-generation propellers for its VX4 aircraft.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:14 am

MCD

YUM

McDonald's (NYSE:MCD) and Yum! Brands' (NYSE:YUM) KFC are facing significant sales declines in Asia, the Middle East, and parts of Europe due to boycotts linked to the Israel-Gaza conflict. The boycotts are particularly severe in Muslim-majority countries, impacting McDonald's and KFC outlets in Egypt, Jordan, Morocco, Indonesia, Malaysia, and Pakistan.

Portfolio Pulse from Benzinga Neuro

May 24, 2024 | 10:10 am

EXAS

Exact Sciences demonstrates leadership in early cancer diagnosis with multiple data presentations at the American Society of Clinical Oncology Annual Meeting. Key highlights include the predictive and prognostic value of the Oncotype DX Breast Recurrence Score® test and data on multi-cancer early detection (MCED) and Cologuard® test adherence.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 10:06 am

STG

Sunlands Technology expects Q2 net revenues to be between RMB480M and RMB500M, representing a year-over-year decrease of 5.0%-8.8%. This outlook is based on current market conditions and preliminary estimates, which are subject to substantial uncertainty.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 9:10 am