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Revenues

LMT

Lockheed Martin (NYSE:LMT) has significantly outperformed the market over the past 20 years, delivering an average annual return of 11.89%. A $100 investment in LMT 20 years ago would be worth $938.87 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:01 pm

EOG

EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years with an average annual return of 12.0%. A $100 investment in EOG 20 years ago would be worth $970.63 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:01 pm

TOL

Toll Brothers has reported a Q3 adjusted home sales gross margin of 27.7% and expects a 28.0% margin for FY24. The company has increased its full-year revenue and earnings guidance, projecting earnings of approximately $14.00 per diluted share in fiscal 2024 with a return on beginning equity of around 22%.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:45 pm

AMD

INTC

NVDA

SMCI

Super Micro Computer Inc (SMCI) discussed its growth trajectory and future prospects at the JPMorgan Global TMC Conference. The company sees significant growth potential in AI, plans to expand its rack capacity, and is considering raising capital via unsecured debt following its inclusion in the S&P 500. SMCI has partnerships with Nvidia, Intel, and AMD to enhance its product offerings.

Portfolio Pulse from Surbhi Jain

May 21, 2024 | 8:43 pm

EBAY

GME

META

YouTuber Lee 'Leonhart' Steinfeld tested GameStop's new Pokémon card trade-in program, receiving $157 for cards he estimated to be worth $328. The process appeared subjective and employees lacked extensive training. GameStop's offers were significantly lower than potential eBay or Facebook sales.

Portfolio Pulse from Franca Quarneti

May 21, 2024 | 8:42 pm

CAE

CAE anticipates its FY25 civil performance to be more heavily weighted in the second half of the year. The company also expects its defense segment to see annual revenue growth in the low-to-mid-single digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:42 pm

CAE

CAE reported its preliminary Q4 and full-year fiscal 2024 unaudited results. The company saw a significant drop in Q4 adjusted EPS to CAD$0.12 from CAD$0.33 YoY and a decrease in revenue to CAD$1.11B from CAD$1.2B YoY. The net loss attributable to equity holders was CAD$504.7M, compared to a net income of CAD$93.6M in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:38 pm

TOL

Toll Brothers has updated its forecast for Q3 and FY24 home deliveries. The company expects Q3 deliveries to be between 2,750 and 2,850 units and has raised its FY24 forecast from 10,000-10,500 units to 10,400-10,800 units.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:38 pm

URBN

Urban Outfitters, Inc. (NASDAQ:URBN) shares are rising after the company reported better-than-expected Q1 results. The company posted earnings of 69 cents per share, beating the analyst estimate of 52 cents. Quarterly sales were $1.2 billion, surpassing the $1.175 billion estimate and showing a 7.75% increase year-over-year. Retail segment net sales increased 5.8%, with notable growth in the Free People and Anthropologie brands. Wholesale segment net sales increased 3.4%, and Nuuly segment net sales surged by 51.4%. Total inventory decreased by 1.9% year-over-year.

Portfolio Pulse from Erica Kollmann

May 21, 2024 | 8:34 pm

AMGN

HIMS

LLY

NVO

OZEM

VKTX

Roundhill Investments has launched the Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM), the world's first ETF focused on GLP-1 weight loss drugs. The ETF includes significant holdings in Eli Lilly (NYSE:LLY) and Novo Nordisk (NYSE:NVO), which dominate the weight loss drug market. The market for these drugs is expected to grow significantly, potentially reaching $100 billion by 2030. Other companies like Amgen (NASDAQ:AMGN) and Viking Therapeutics (NASDAQ:VKTX) are also developing promising weight loss treatments.

Portfolio Pulse from Piero Cingari

May 21, 2024 | 8:33 pm