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MOR

MorphoSys (NASDAQ:MOR) reported Q4 earnings with an EPS of $0.33, beating estimates by 267.0% but with a revenue decrease of $19.78 million from the previous year. Despite beating EPS estimates in past quarters, such as a $0.87 beat in Q3 2023, the share price dropped 11.0% the following day.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:20 pm

S

SentinelOne (NYSE:S) reported Q4 earnings with a 50.0% beat on estimated EPS, reporting $-0.02 versus an estimate of $-0.04. Revenue increased by $48.08 million from the same period last year. The company's past earnings performance shows consistent beats on EPS estimates, with the share price increasing by 17.0% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:20 pm

SGC

Superior Gr of Cos (NASDAQ:SGC) reported Q4 earnings with an EPS of $0.22, beating estimates by 47.0% but with a revenue decrease of $1.37M from the previous year. The company has shown a pattern of beating EPS estimates in recent quarters, with a notable share price increase following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:20 pm

BOXL

Boxlight (NASDAQ:BOXL) reported Q4 earnings, beating estimated EPS by 5.0% with an EPS of $-0.6 versus an estimate of $-0.63. However, revenue was down $4.00 million from the same period last year. In the previous quarter, the company missed EPS estimates by $0.85, resulting in a 33.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:20 pm

BUD

MO

Altria Group, Inc. (MO) announced its plan to sell a portion of its investment in Anheuser-Busch InBev SA/NA (BUD) through a global secondary offering. The offering includes a public offering of BUD's ordinary shares and a $200 million direct share repurchase by BUD from Altria. Altria aims to sell 35 million of BUD's ordinary shares, with an option for underwriters to purchase an additional 5.25 million shares. The proceeds are intended for further share repurchases by Altria. This move is part of Altria's strategy to unlock the value of its investment in BUD, reflecting confidence in BUD's long-term strategies.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:19 pm

SGC

Superior Gr of Cos (SGC) reported Q4 2023 adjusted EPS of $0.22, surpassing the $0.15 estimate, with sales of $147.241M exceeding the $142.858M forecast. This represents a slight 0.92% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:18 pm

FTCI

FTC Solar's shares are trading lower following the announcement of mixed financial results for Q4.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:18 pm

MOR

MorphoSys (NASDAQ:MOR) reported Q4 earnings of $0.33 per share, surpassing the $0.09 estimate, but its sales of $63.51M fell short of the $67.89M estimate. This represents a significant decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:16 pm

CR

Crane (NYSE:CR) has seen a 23.13% increase in its short percent of float since the last report, with 778 thousand shares sold short, representing 1.81% of available shares. This indicates a bearish market sentiment, although it's below the peer group average of 3.03% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:15 pm

WELL

Welltower's (NYSE:WELL) short interest has decreased by 14.12% since the last report, with 5.55 million shares sold short, representing 1.46% of its float. The current short interest suggests a bullish sentiment as it is lower than the peer group average of 7.50%. The decrease in short interest indicates fewer traders are betting against the stock, which could be a positive sign for Welltower's stock price in the short term.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:15 pm