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Revenues

POR

Portland General Electric (PGE) has provided its 2024 earnings guidance, projecting an adjusted EPS of $2.98 to $3.18, which is in line with the estimated $3.08. The company also expects cash from operations to be between $700M and $800M, based on assumptions such as exclusion of January 2024 winter storm impacts, an increase in energy deliveries, normal temperatures, and hydro and wind generation levels.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 10:09 am

CNK

HLF

POR

PPL

THS

USFD

Investor optimism surged as the S&P 500 hit a record high, driven by positive economic reports and market sentiment. The CNN Money Fear and Greed index entered the 'Extreme Greed' zone. U.S. stocks closed higher, with significant gains in energy, real estate, and materials sectors, though IT stocks fell. US Foods Holding Corp. saw a 3% increase after surpassing Q4 revenue expectations and providing strong FY24 guidance. Herbalife shares plummeted by 32% due to disappointing earnings. Upcoming earnings from PPL Corporation, Portland General Electric, TreeHouse Foods, and Cinemark Holdings are anticipated.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 9:01 am

EWQ

France's Consumer Price Index (CPI) for January decreased by 0.3%, compared to the estimated -0.2% and the previous month's 0.1% increase. This indicates a deflationary trend in the French economy for the month.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:46 am

GDHG

Golden Heaven Group (GDHG) reported a decrease in fiscal 2023 earnings per share (EPS) to $0.13 from $0.29 year-over-year (YoY), and a revenue decline to $31.79M from $41.79M YoY. The decrease in revenue is mainly due to lower sales of in-park recreation and park service fees.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:06 am

EWU

U.K. retail sales for January showed a significant increase of 3.4%, surpassing the estimated 1.5% and marking a strong recovery from the previous month's revised -3.3%.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:03 am

EWU

U.K. retail sales in January showed a year-over-year increase of 0.7%, significantly outperforming the -1.4% estimate and improving from the -2.4% figure reported in the previous period. This indicates a stronger consumer spending trend in the U.K. than anticipated.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:02 am

EWU

U.K. core retail sales for January showed a significant increase of 3.2%, surpassing the estimated 1.7% and marking a strong recovery from the previous month's revised -3.5%.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:02 am

EWU

U.K. core retail sales for January showed a year-over-year increase of 0.7%, significantly outperforming the estimated decline of -1.6% and improving from the previous -2.1%.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:02 am

MATH

Metalpha Technology reported its Fiscal 2023 earnings with an EPS of $(0.44), an improvement from $(0.62) year-over-year. The company's income from its wealth management business significantly increased to $5.69M from $0.12M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 6:52 am

CNEY

CN Energy Group, Inc. (CNEY) announced its Fiscal 2023 financial results, reporting a revenue of $57.90M, a 44% increase YoY, driven by a 39.2% increase in activated carbon sales. EPS remained flat at $(0.10).

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 6:30 am