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AMR

Alpha Metallurgical Resources (AMR) shares surged following the announcement of Q4 earnings that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:34 pm

PEG

Public Service Enterprise (NYSE:PEG) reported Q4 adjusted EPS of $0.54, surpassing the $0.52 estimate, and sales of $2.60B, exceeding the $2.40B estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:33 pm

SGRY

Surgery Partners (NASDAQ:SGRY) reported Q4 adjusted EPS of $0.44, surpassing the $0.38 estimate, marking a 62.96% increase from last year. However, their sales of $735.40M fell short of the $741.40M estimate, a 4.00% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:32 pm

FIS

Fidelity National Information Services (FIS) shares dropped due to mixed Q4 earnings, reflecting a blend of positive and negative financial outcomes.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:32 pm

AMR

Alpha Metallurgical (NYSE:AMR) reported Q4 earnings of $12.88 per share, surpassing the $9.07 estimate by 42.01%, despite a 3.66% decrease from last year's $13.37. Q4 sales reached $959.99M, beating the $796.65M estimate by 20.50%, marking a 16.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:31 pm

ATNF

180 Life Sciences plans a reverse stock split at a 1-for-19 ratio, effective February 28, 2024, to meet Nasdaq's minimum bid price requirement for continued listing.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:17 pm

GPS

JP Morgan analyst Matthew Boss upgraded Gap (NYSE:GPS) from Underweight to Neutral and increased the price target from $16 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:17 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) experienced a premarket rebound after a significant drop last week due to disappointing 2024 delivery guidance and subsequent analyst downgrades. JPMorgan, UBS, and Truist Securities all downgraded the stock and lowered their price targets. Tesla investor Gary Black defended Rivian, highlighting its potential and upcoming second-gen R2 EV launch. Rivian's stock rose 1.09% to $10.18 in premarket trading.

Portfolio Pulse from Shanthi Rexaline

February 26, 2024 | 12:15 pm

CRGO

Freightos (NASDAQ:CRGO) reported Q4 2023 adjusted EPS of $(0.06), surpassing the $(0.12) estimate, and sales of $5.26M, exceeding the $5.22M estimate. This represents a significant improvement over the previous year, with a 92.94% increase in EPS and an 8.43% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:14 pm

ADC

HBT

PCB

SNCR

Insiders at PCB Bancorp, HBT Financial, Agree Realty, and Synchronoss Technologies have recently made significant stock purchases, signaling confidence in their companies' prospects. PCB Bancorp's insider bought shares despite weak quarterly earnings, while HBT Financial's insider purchase followed upbeat earnings. Agree Realty's CEO bought shares after the company posted better-than-expected sales, and Synchronoss Technologies saw insider buying as it expects revenue to exceed guidance.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 12:06 pm