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HRT

HireRight, identified by its ticker symbol HRT, is set to be acquired by private equity firms General Atlantic and Stone Point Capital. Under the terms of the agreement, HireRight stockholders will receive $14.35 per share in cash. This acquisition marks a significant move in the employment background checks and screening industry, potentially altering the competitive landscape.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:04 pm

AXL

American Axle & Mfg Hldgs (AXL) reported Q4 adjusted EPS of $(0.09), surpassing the $(0.19) estimate, with sales of $1.46B exceeding the $1.42B forecast. This represents a 28.57% decrease in losses per share compared to last year, and a 5.03% increase in sales from the same period.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:02 pm

PPL

PPL Corporation reported its Q4 adjusted earnings per share (EPS) at $0.40, surpassing the analyst consensus estimate of $0.38, marking a 5.26% beat and a 42.86% increase from the previous year's earnings. The company's quarterly sales reached $2.03 billion, exceeding the $1.90 billion estimate by 6.89%, despite being an 11.31% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:02 pm

WEN

Wendy's (NASDAQ:WEN) received mixed analyst ratings over the last three months, with an average 12-month price target of $20.5. The company's financial performance shows solid revenue growth, exceptional net margin, and strong ROE and ROA, but a high debt-to-equity ratio. Wendy's is the second-largest burger QSR in the US by systemwide sales.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 1:01 pm

EPAM

EPAM Systems (NYSE:EPAM) has been analyzed by 10 analysts in the last three months, showing a mix of bullish to bearish sentiments. Recent ratings have shifted towards a more cautious outlook, with fewer bullish ratings in the last 30 days compared to the previous months. Analysts have updated their 12-month price targets for EPAM, with an average target of $324.0, marking a 14.14% increase from the previous average of $283.86. The company faces revenue challenges with a -6.1% growth over 3 months and a below-average market capitalization, but it maintains strong profitability indicators such as an 8.44% net margin and effective asset utilization with a 2.35% ROA.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 1:00 pm

CNK

Cinemark Holdings Inc (NYSE:CNK) reported a 6.5% year-on-year increase in Q4 FY23 sales to $638.9 million, surpassing analyst expectations. However, its EPS loss of $(0.15) missed the consensus loss estimate of $(0.13). Admissions and concession revenues rose, driven by increased attendance. The company narrowed its net loss to $(18.0) million from $(99.3) million a year ago and ended the quarter with $849.1 million in cash. Despite these improvements, CNK shares dropped 3.81% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 16, 2024 | 12:56 pm

XOMAO

Trading for XOMAO was halted at 7:55:00 a.m. ET due to pending news. The halt is a temporary measure awaiting the release of significant information.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:55 pm

XOMA

Trading for XOMA was halted at 7:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:55 pm

XOMAP

Trading for XOMAP was halted at 7:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:55 pm

TXRH

Texas Roadhouse (NASDAQ:TXRH) reported Q4 earnings of $1.08 per share, surpassing estimates of $1.06. Sales matched expectations at $1.16 billion. The company highlighted a year of double-digit same store sales growth and a record number of new openings. FY24 capital expenditures are projected between $340 million to $350 million. Shares rose 1.2% to $133.89. Analysts from Wedbush and Stephens & Co. raised their price targets for TXRH following these results.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 12:50 pm