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AMT

American Tower (NYSE:AMT) reported Q4 2023 earnings of $2.29 per share, surpassing the consensus estimate of $2.20. Sales reached $2.79 billion, exceeding the $2.74 billion estimate and marking a 3.03% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:01 pm

BSY

Bentley Systems (NASDAQ:BSY) reported Q4 adjusted EPS of $0.20, surpassing the $0.18 estimate, marking an 11.11% beat and a 5.26% increase from last year. However, their Q4 sales of $310.64M fell short of the $313.18M estimate by 0.81%, though it's an 8.26% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:01 pm

KR

Recent analyst evaluations of Kroger (NYSE:KR) show diverse outlooks, with a mix of ratings from bullish to bearish. The average 12-month price target is $50.8, reflecting a 3.67% increase from the previous target of $49.00. Analyst actions include adjustments to ratings and price targets, indicating varying perceptions of Kroger's market position. Kroger, a leading U.S. grocer, faces revenue challenges but demonstrates strong financial performance with exceptional net margin, ROE, and ROA. The company's proposed $25 billion acquisition of Albertsons could significantly impact its market position if approved.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 12:00 pm

PPG

PPG Industries (NYSE:PPG) was analyzed by 7 analysts, showing a mix of sentiments with a slight shift towards neutrality in the last 30 days. The average 12-month price target for PPG is now $157.71, up from $157.00, with individual analyst actions ranging from lowering to raising price targets. PPG, a global coatings producer, shows strong financial health with a market cap above industry average, revenue growth of 3.94%, and high net margin of 2.07%. Analyst ratings reflect varied expectations for PPG's stock performance.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 12:00 pm

M

Macy's has provided guidance for FY24, projecting adjusted EPS to be between $2.45 and $2.85, which is below the estimated $3.01. Additionally, the company expects net sales to range from $22.2 billion to $22.9 billion, falling short of the estimated $23.32 billion.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:57 am

ELF

E.L.F. Beauty, Inc. (NYSE:ELF) has opened its first European office in London to expand its international business, following a 119% year-over-year growth in international net sales. The company entered the Italian market in late 2023 and is focusing on color cosmetics, skincare, and international markets for growth. Analyst Korinne Wolfmeyer of Piper Sandler has reiterated an Overweight rating on ELF, raising the forecast to $225 from $212, citing expansion prospects in India and Western Europe. E.L.F. Beauty has also raised its fiscal year 2024 earnings per share and revenue guidance.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 11:57 am

AZO

AutoZone (NYSE:AZO) reported Q2 earnings of $28.89 per share, surpassing the $26.37 estimate, marking a 17.25% year-over-year increase. Sales reached $3.86B, slightly above the $3.85B estimate, representing a 4.55% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:56 am

M

Macy's reported Q4 2024 adjusted earnings per share of $2.45, surpassing the $1.96 estimate by 25%. However, their sales of $8.10 billion fell short of the $8.15 billion estimate by 0.62%.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:56 am

PRGO

Perrigo has projected its fiscal year 2024 organic net sales growth to be between 1.0% to 3.0% year-over-year, with its reported net sales expected to remain flat. The company anticipates its adjusted earnings per share (EPS) to range from $2.50 to $2.65, which is below the consensus estimate of $3.00.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:37 am

CEG

Constellation Energy (NASDAQ:CEG) reported a Q4 EPS of $(0.11), missing the $1.92 estimate, with sales of $5.80B surpassing the $5.67B estimate. This represents a 210% decrease in earnings and a 20.96% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:35 am