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BTCUSD

Veteran trader Peter Brandt predicts Bitcoin could reach $200,000 by 2025, revising his earlier forecast of $120,000. This comes as Bitcoin hits $56,000, its highest since November 2021. Brandt warns that a drop below the previous week's low would invalidate this forecast. The prediction coincides with a record daily trading volume of $2.4 billion for Bitcoin ETFs. Brandt also cautions against the 'laser eye' trend on social media, suggesting it could be a bad omen for Bitcoin's price.

Portfolio Pulse from Mehab Qureshi

February 27, 2024 | 11:20 am

CRI

Carter's, Inc. (CRI) forecasts low single-digit growth in net sales reaching around $3B for FY24, slightly above the $2.98B estimate. The company also anticipates mid-single-digit growth in adjusted diluted EPS.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:17 am

TIGO

Millicom has announced its confidence in achieving its target equity free cash flow of approximately $550 million by 2024. This statement underscores the company's strong financial position and its strategic plans aimed at realizing this goal.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:11 am

LOW

Lowe's Companies (NYSE:LOW) reported Q4 earnings of $1.77 per share, surpassing the $1.68 estimate, marking a 5.36% beat and a 12.03% increase from last year. Q4 sales reached $18.60 billion, exceeding the $18.45 billion estimate by 0.82%, despite a 17.12% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:06 am

TIGO

Millicom Intl Cellular (NASDAQ:TIGO) reported Q4 sales of $1.48 billion, surpassing the analyst consensus estimate of $1.45 billion by 1.72% and marking a 6.81% increase from $1.38 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:05 am

PRVA

Privia Health Gr (PRVA) reported Q4 2023 adjusted EPS of $0.15, surpassing the $0.04 estimate, but its sales of $440.83M fell short of the $730.89M estimate, marking a 20.97% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:05 am

LOW

Lowe's Companies has provided its FY24 outlook, projecting revenues between $84B and $85B, which is below the $85.61B estimate. EPS is expected to be between $12.00 and $12.30, also below the $12.95 estimate. The company anticipates a -2 to -3% decline in comparable sales from the previous year, with an operating margin of 12.6% to 12.7%, interest expenses of about $1.4B, an effective tax rate of 25%, and capital expenditures of around $2B.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:04 am

BMO

Bank of Montreal (BMO) reported Q1 adjusted EPS of $1.88, missing the $2.25 estimate, and sales of $5.64B, below the $6.18B estimate. This represents a 21.57% decrease in EPS and a 17.02% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:04 am

ESPR

Esperion Therapeutics (NASDAQ:ESPR) reported Q4 earnings with a loss of $(0.50) per share, missing the $(0.48) estimate, but sales of $32.25M exceeded the $28.70M estimate, marking a 71.38% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:03 am

SLCA

US Silica Holdings (NYSE:SLCA) reported Q4 adjusted EPS of $0.28, surpassing the $0.25 estimate, but its sales of $336.00M fell short of the $343.72M estimate. This represents a 34.88% decrease in earnings and an 18.63% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 11:02 am