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Revenues

PEP

PepsiCo Inc. (NASDAQ:PEP) is countering shrinkflation by adding more chips to some of its snack bags without increasing prices. This move aims to attract consumers who are frustrated with smaller product sizes at higher costs. PepsiCo's snack sales have declined due to higher prices, and the company hopes to boost its snack segment by offering more value.

Portfolio Pulse from Erica Kollmann

October 16, 2024 | 9:58 pm

SNV

Synovus Financial reported Q3 2024 earnings per share of $1.23, surpassing the analyst estimate of $1.08 and marking a 46.43% increase from the previous year. Sales reached $564.72 million, exceeding the $559.198 million estimate and showing a 2.62% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:57 pm

CLSK

Cleanspark (NASDAQ:CLSK) has outperformed the market over the past 5 years with an average annual return of 18.12%, resulting in a $100 investment growing to $232.16. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

CIEN

Ciena (NYSE:CIEN) has outperformed the market over the past 10 years with an average annual return of 15.21%, resulting in a $1000 investment growing to $4,281.03. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

CELU

Celularity has acquired Rebound, a placental-derived allograft matrix product, from Sequence LifeScience. The company expects Rebound sales to significantly contribute to its biomaterial sales in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:21 pm

CIVI

Analysts have provided mixed ratings for Civitas Resources (NYSE:CIVI), with a recent average price target of $83.56, down 13.73% from the previous $96.86. The company's financial performance shows strong revenue growth but challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

RUN

Sunrun (NASDAQ:RUN) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $23.32, with a high of $38.00 and a low of $16.50. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting changing market dynamics. Despite a decline in revenue, Sunrun shows strong net margin, ROE, and ROA, but has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

DAL

Delta Air Lines (NYSE:DAL) has outperformed the market over the past 15 years with an average annual return of 13.6%, resulting in a $1000 investment growing to $6,759.90. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has significantly outperformed the market over the past 5 years, with an average annual return of 21.62%. A $100 investment in GOOGL 5 years ago would now be worth $265.47, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

AR

Antero Resources (NYSE:AR) received mixed analyst ratings, with a decrease in the average 12-month price target from $35.50 to $32.93. Analysts have varied opinions, with some lowering their ratings and price targets, while others maintain or raise them. The company's financial performance shows challenges in profitability and asset utilization, with a high debt-to-equity ratio indicating potential financial strain.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm