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T

AT&T (NYSE:T) reported Q4 2023 earnings per share (EPS) of $0.54, missing the consensus estimate of $0.56 by 3.57%. However, the company's quarterly sales of $32.02 billion exceeded expectations of $31.48 billion by 1.74% and marked a 2.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:35 am

TXT

Textron Inc. (NYSE:TXT) reported Q4 adjusted EPS of $1.60, surpassing the consensus estimate of $1.54 by 3.9%. Year-over-year, this represents a 30.08% increase from $1.23 per share. However, quarterly sales of $3.89B fell short of the expected $3.95B by 1.47%, though they were up 7.04% from $3.64B in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:35 am

GLDG

USGO

GoldMining Inc. (NYSE American: GLDG) and its majority-owned subsidiary, U.S. GoldMining Inc. (NASDAQ:USGO), announced positive assay results from the 2023 drilling program at the Whistler Gold-Copper Project in Alaska. The results confirmed the continuity of a high-grade core at the near-surface of the Whistler deposit, including the best drill intercept to date. GoldMining owns approximately 80% of U.S. GoldMining, which was launched via an IPO in April 2023.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:34 am

T

AT&T reported strong Q4 results with 759K postpaid subscriber net additions and 526K phone net additions, indicating robust growth in its customer base.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:32 am

HUT

Hut 8 Mining Corp. has responded to a short report, stating that the report includes false and misleading characterizations about its business. The company has refuted the claims made in the short report, defending its business practices and financial health.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:31 am

T

AT&T (NYSE:T) reported Q4 2023 earnings per share (EPS) of $0.30, missing the consensus estimate of $0.55 by 45.45%. However, the company's quarterly sales of $32.02 billion exceeded expectations of $31.48 billion by 1.74% and marked a 2.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:31 am

T

AT&T (NYSE:T) reported Q4 sales of $32.02 billion, surpassing the analyst consensus estimate of $31.48 billion by 1.74% and marking a 2.17% increase from $31.34 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:29 am

AMZN

EBAY

WMT

eBay Inc. (NASDAQ:EBAY) announced it will lay off about 9% of its full-time workforce, approximately 1,000 roles, and reduce contracts in the alternate workforce. The company cited that its headcount and expenses have outpaced business growth due to external pressures, including a challenging macroeconomic environment. eBay's operating expenses surged 15% to $1.340 billion in the last reported quarter. The layoffs are part of organizational changes to better meet customer needs globally. eBay faces competition from Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT), and Chinese retailers like Temu and Shein. Despite the layoffs, eBay shares rose by 3.21% to $42.74 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

January 24, 2024 | 11:25 am

VRTX

Canaccord Genuity analyst Whitney Ijem has downgraded Vertex Pharmaceuticals (VRTX) from Hold to Sell, despite raising the price target from $332 to $379.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:23 am

DXC

JP Morgan analyst Tien-Tsin Huang has downgraded DXC Technology (NYSE:DXC) from Neutral to Underweight and reduced the price target from $27 to $24.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:19 am