Streetbeat News

Revenues

WY

Analysts have mixed views on Weyerhaeuser (NYSE:WY) with recent evaluations showing a mix of bullish and bearish perspectives. The average 12-month price target has increased slightly to $35.33. Weyerhaeuser faces challenges with declining revenue growth and below-average net margin and ROE, but maintains a strong market position with effective asset utilization and prudent debt management.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 1:00 pm

SPY

The USA Redbook year-over-year growth rate increased to 5.6% from the previous 5.4%, indicating a slight improvement in retail sales performance.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:55 pm

BAC

Bank of America's CFO announced that there will be minimal changes in headcount for Q4 2024, and expenses are expected to remain consistent with Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:53 pm

BAC

Bank of America's CFO announced that the company expects its Net Interest Income (NII) to be at $14.3 billion or more for Q4 2024 during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:50 pm

RMAX

SPY

RE/MAX reports a continued increase in the number of homes for sale, with a 6.4% rise from August and a 33.6% increase from September 2023. New listings also grew by 9.7% compared to September 2023, indicating a cooling in home sales and a slight dip in prices.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:47 pm

ALTO

Alto Ingredients has updated its Magic Valley facility in Idaho, reporting improved production metrics. The facility is achieving full production capacity with high protein and corn oil technology systems, resulting in higher protein content and improved corn oil yields. These enhancements are expected to diversify the product mix and increase margins.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:45 pm

TPET

Trio Petroleum is planning to increase oil production at McCool Ranch, Presidents Field, and Asphalt Ridge through acid treatments and cyclic-steam operations. The company aims for significant output increases.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:45 pm

BAC

Bank of America's CEO, Brian Moynihan, announced during a conference call that the bank expects its Net Interest Income (NII) to grow in the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:41 pm

FOXO

FOXO Technologies' Interim CFO outlines the company's progress and future plans, including recent acquisitions and a new patent. The company aims to generate over $50M in annual revenue within 12-24 months by expanding its epigenetic technology and healthcare services. FOXO is addressing NYSE listing requirements and seeking new capital for growth.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:36 pm

ACI

Albertsons Companies reported Q2 2024 earnings of $0.51 per share, surpassing the analyst estimate of $0.48. Sales reached $18.551 billion, also beating expectations. Despite the beats, EPS decreased by 19.05% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:32 pm