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ENPH

LRN

MCD

McDonald's shares fell 10% due to an E. coli outbreak linked to its quarter pounders. Enphase Energy shares dropped 16% after disappointing Q3 results. Stride shares rose 30% following strong Q1 results and positive future revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 12:00 pm

GEV

GE Vernova reported mixed Q3 results with strong sales growth but missed earnings expectations. Revenue grew 8% YoY to $8.913 billion, beating estimates, while EPS missed at a loss of $0.35. Orders increased 17% organically, and cash flow surged. Despite positive revenue and cash flow, shares fell 4.49% premarket.

Portfolio Pulse from Akanksha Bakshi

October 23, 2024 | 12:00 pm

DGX

Analysts have provided mixed ratings for Quest Diagnostics (NYSE:DGX), with a recent increase in the average 12-month price target to $163.2. The company's financial performance shows strong profitability and effective cost management, despite lagging revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:00 pm

SGMO

Four analysts have provided ratings on Sangamo Therapeutics (NASDAQ:SGMO) over the past three months, all maintaining a 'Buy' rating with a consistent price target of $5.00. Despite the bullish sentiment, Sangamo faces financial challenges, including a significant revenue decline and poor profitability metrics.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 12:00 pm

LRN

Stride shares rose as the company reported strong Q1 financial results and provided FY25 and Q2 revenue guidance that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:44 am

PRG

PROG Holdings has provided guidance for Q4 with adjusted EPS expected between $0.70 and $0.80, compared to the analyst estimate of $0.72. The company also anticipates sales between $599.824 million and $619.824 million, surpassing the estimate of $596.90 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:39 am

PRG

PROG Holdings has increased its FY2024 adjusted EPS guidance to $3.30-$3.40 and sales guidance to $2.44B-$2.46B, both slightly above previous estimates.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:38 am

PRG

PROG Holdings reported Q3 2024 earnings with an adjusted EPS of $0.77, missing the $0.79 estimate, but sales of $606.145M beat the $595.112M estimate. Sales increased by 3.99% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:33 am

BA

Boeing's CEO acknowledged a loss of trust in the company but highlighted a significant backlog of approximately $500 billion. This indicates potential future revenue despite current challenges.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:32 am

NEE

NextEra Energy reported Q3 2024 earnings per share of $1.03, beating estimates of $0.98, marking a 9.57% increase from last year. However, sales were $7.567 billion, missing the $8.054 billion estimate, though up 5.51% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:31 am