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LOW

Lowe's Companies (NYSE:LOW) reported Q4 earnings of $1.58 per share, missing the $1.68 estimate, and sales of $18.60B, beating the $18.45B estimate. Earnings decreased by 30.7% and sales by 17.13% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:01 am

ARQT

Arcutis Biotherapeutics (NASDAQ:ARQT) reported Q4 2023 earnings with a GAAP EPS of $(0.72), surpassing the $(0.76) estimate. Sales reached $13.53M, exceeding the $11.34M forecast, marking a 356.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:55 am

ARQT

Arcutis Biotherapeutics (NASDAQ:ARQT) reported Q4 GAAP EPS of $(0.72), surpassing the $(0.78) estimate, and sales of $13.53M, exceeding the $11.34M estimate. This represents a 38.98% improvement in EPS and a 356.81% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:52 am

ROKU

Wells Fargo analyst Steven Cahall downgraded Roku (NASDAQ:ROKU) from Equal-Weight to Underweight and reduced the price target from $77 to $51.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:35 am

BNS

Bank of Nova Scotia (NYSE:BNS) reported Q1 adjusted EPS of $1.24, surpassing the $1.21 estimate, and sales of $6.20B, exceeding the $6.12B estimate. This represents a 7.31% decrease in EPS and a 4.29% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:33 am

TILE

Interface (NASDAQ:TILE) reported Q4 adjusted EPS of $0.41, surpassing the $0.23 estimate, and sales of $325.10M, exceeding the $321.80M estimate. This represents a 32.26% increase in EPS and a 3.12% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:31 am

PPG

Barclays analyst Duffy Fischer downgrades PPG Industries (NYSE:PPG) from Overweight to Equal-Weight and reduces the price target from $163 to $149.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:29 am

BTCUSD

Trevor Noah expressed regret for not purchasing Bitcoin (BTC) during its early days when its price was significantly lower. Speaking at the Web Summit Qatar 2024, Noah highlighted his biggest mistake was not buying Bitcoin when it was 'nothing' and not taking the time to understand cryptocurrency. Bitcoin's value has recently reached $56,700, with its market capitalization surpassing $1.1 trillion, attributed to investments in Bitcoin-focused ETFs and excitement over the upcoming Bitcoin halving event.

Portfolio Pulse from Mehab Qureshi

February 27, 2024 | 10:10 am

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WDAY

Unity Software Inc. reported mixed Q4 results, with a revenue increase of 35% to $609 million but a larger-than-expected loss of 66 cents per share. The company's shares fell 17.7% in pre-market trading. Other stocks also moved lower in pre-market trading, including The Aaron's Company, Intuitive Machines, CarGurus, Nyxoah S.A., Five9, Workday, Gaotu Techedu, and Hess Corporation, due to various reasons such as missed estimates, mission failures, and financial results announcements.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 10:06 am

TCTM

TCTM Kids IT Education Inc. (NASDAQ:TCTM), previously known as Tarena International, Inc., announced that its American depositary shares will start trading under the new name 'TCTM Kids IT Education Inc.' on Nasdaq from February 28, 2024. This follows a special resolution approved at an Extraordinary General Meeting of Shareholders on February 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:03 am