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PXD

TD Cowen analyst David Deckelbaum has downgraded Pioneer Natural Resources (NYSE:PXD) from Outperform to Market Perform and lowered the price target from $280 to $256.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:01 am

MMC

Marsh & McLennan (NYSE:MMC) reported Q3 earnings of $1.57 per share, beating the analyst consensus estimate of $1.39 by 12.95%. This is a 33.05% increase from the same period last year. The company also reported quarterly sales of $5.38 billion, beating the analyst consensus estimate of $5.22 billion by 3.07%. This is a 12.79% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:01 am

AAL

American Airlines Group (NASDAQ:AAL) reported Q3 earnings of $0.38 per share, beating the analyst consensus estimate of $0.25 by 52%. However, the company's quarterly sales of $13.48 billion missed the analyst consensus estimate of $13.51 billion by 0.21%. This represents a 44.93% decrease in earnings and a 0.15% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:01 am

GPC

Genuine Parts (NYSE:GPC) reported Q3 earnings of $2.49 per share, beating the analyst consensus estimate of $2.40 by 3.75%. This is an 11.66% increase from the same period last year. However, the company's quarterly sales of $5.82 billion missed the analyst consensus estimate of $5.92 billion by 1.61%, though it's a 2.64% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:58 am

ACHR

ASAN

WLY

Insider trades were noted in Archer Aviation Inc. (ACHR), Asana, Inc. (ASAN), and John Wiley & Sons, Inc. (WLY). ACHR's 10% owner SFS UK 1 LTD. acquired 12,313,234 shares at an average price of $5.68, costing around $70 million. ASAN's President, CEO and Chair Dustin Moskovitz acquired 280,000 shares at an average price of $18.67, costing around $5.23 million. WLY's Director David Dobson bought 5,081 shares at an average price of $29.99, costing around $152,357.

Portfolio Pulse from Lisa Levin

October 19, 2023 | 10:55 am

ASM

Avino Silver & Gold Mines has adjusted its internal production estimate for 2023 to 2.4 - 2.7 million silver equivalent ounces.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:54 am

GPK

Wells Fargo analyst Gabe Hajde has downgraded Graphic Packaging Holding (NYSE:GPK) from Overweight to Underweight and lowered the price target from $26 to $19.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:54 am

ASM

Avino Silver & Gold Mines has reported its Q3 silver production at 237,165 ounces and silver equivalent production at 591,208 ounces.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:53 am

LNN

Lindsay Corporation expects robust sales volume levels in developed international markets in Q1, led by strong demand in Brazil. The company also anticipates increased U.S. infrastructure spending to boost its Road Zipper System leasing and sales of road safety projects.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:53 am

SLG

SL Green Realty Corp (NYSE:SLG) shares dropped by around 4% after the company reported lower than expected Q3 FY23 earnings. Rental revenues were $131.52 million, missing the consensus of $143.82 million. Total revenues declined to $173.22 million. The company also reported a decrease in FFO per share from $1.66 a year ago to $1.27. The company lowered its FY23 outlook for FFO per share and net EPS loss.

Portfolio Pulse from Lekha Gupta

October 19, 2023 | 10:53 am