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Revenues

AEE

Recent evaluations by 5 financial analysts on Ameren (NYSE:AEE) show diverse outlooks, with an average 12-month price target of $74.2, reflecting a slight increase from the previous target. Analyst actions include ratings adjustments and price target changes, indicating varied perspectives on Ameren's performance. Despite facing revenue challenges and below-average profitability metrics, Ameren's market position remains robust, supported by its significant market capitalization and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:00 pm

PLMR

In the last three months, 4 analysts have updated their ratings on Palomar Holdings (NASDAQ:PLMR), showing a shift towards a more bullish outlook. The average 12-month price target has been raised to $82.75, up 14.53% from the previous $72.25. Analysts from Jefferies, Keefe, Bruyette & Woods, Truist Securities, and Evercore ISI Group have all raised their price targets, indicating a positive sentiment towards PLMR's market position and financial health, highlighted by its revenue growth, net margin, and ROE.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:00 pm

DTC

Solo Brands projects its 2024 revenue to be between $490M-$510M, aligning closely with the $503.28M consensus. The company anticipates an adjusted EBITDA margin of 10%-12%. Despite optimism for brand strength and growth, Solo Brands acknowledges the uncertain economic environment and potential consumer spending pressures.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:21 am

ACIU

AC Immune SA (ACIU) reported its FY23 financial results, showcasing a significant increase in revenue to CHF14.80 million from CHF3.94 million year-over-year. The company also reported a reduced EPS loss of CHF(0.64) compared to CHF(0.85) in the previous year, alongside a strong cash balance of CHF103.1 million.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:17 am

TLRY

Tilray Brands has received approval for the first medical cannabis extract in Portugal, marking a significant milestone in the company's expansion in the European market. This approval could potentially increase Tilray's market share and revenue in the region.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:16 am

MSFT

ORCL

Oracle Corporation (NYSE:ORCL) is experiencing premarket gains after announcing an expanded partnership with Microsoft Corporation (NASDAQ:MSFT) to meet the growing demand for Oracle Database@Azure globally. The expansion will bring the service to 15 regions worldwide, including Europe. Oracle also introduced new products and features, such as Oracle Cloud EPM for Sustainability and AI capabilities in Oracle Fusion Data Intelligence. Oracle's FY23 revenue growth was 17.7%, influenced by various factors including the macroeconomic environment. The company's performance and stock growth are compared to its peers and the broader Information Technology sector.

Portfolio Pulse from Nabaparna Bhattacharya

March 14, 2024 | 11:15 am

RMBL

RumbleOn announced a new three-year operating plan, projecting annual revenue to surpass $1.7 billion, with adjusted EBITDA over $150 million and adjusted free cash flow (FCF) of $90 million or more by 2026.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:12 am

GLD

SPY

UNG

USO

U.S. markets closed mixed with the S&P 500 and Nasdaq declining, while Asian markets showed mixed results and European markets trended upwards. Economic data revealed a 7.1% increase in U.S. mortgage applications. The energy, materials, and utilities sectors led gains in the S&P 500, whereas information technology and real estate sectors underperformed. Crude Oil WTI and Brent both saw increases, trading above $80. Commodities and futures also experienced varied movements.

Portfolio Pulse from Akanksha Bakshi

March 14, 2024 | 11:11 am

BBW

Build-A-Bear Workshop anticipates revenue growth for FY24 to be in the low-to-mid-single-digit percentage range.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:48 am

KPLT

Katapult expects a 12-14% YoY revenue increase in Q1 2024 and at least 10% YoY growth for the full year. The company anticipates flat YoY gross originations growth in Q1 but expects improvement throughout 2024. Adjusted EBITDA is projected to improve due to revenue growth and a 15% reduction in fixed cash operating expenses. The outlook assumes stable macro conditions and no significant changes from prime creditors.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:47 am