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VZ

Verizon reported Q4 total wireless postpaid phone net additions of 449K, a significant increase from 217K in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:04 pm

VZ

Verizon has reported a 26% year-over-year increase in total wireless postpaid net additions for 2023, indicating a significant growth in its customer base.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:03 pm

VZ

Verizon Communications (NYSE:VZ) reported Q4 2023 earnings of $1.08 per share, slightly beating the consensus estimate of $1.07. Quarterly sales were $35.10 billion, surpassing the $34.64 billion estimate but marking a 0.43% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:02 pm

RTX

RTX Corp's stock price is on the rise following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company's forecast for FY24 EPS is above analyst estimates, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:00 pm

TEVA

Teva Pharmaceutical Indus (NYSE:TEVA) received mixed analyst ratings over the last quarter, with 3 bullish and 1 indifferent rating. The average 12-month price target is $13.0, up from the previous $9.67, with a high estimate of $14.00 and a low of $12.00. Analysts from Jefferies, Piper Sandler, HSBC, and UBS have adjusted their price targets and ratings, reflecting a positive outlook on the company's performance. Despite this, Teva's financial indicators such as market capitalization, revenue growth, net margin, ROE, ROA, and debt management show mixed results compared to industry averages.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 12:00 pm

CPE

Callon Petroleum (NYSE:CPE) has received mixed analyst ratings over the past three months, with 1 bullish, 1 somewhat bullish, and 3 indifferent. The average 12-month price target for CPE has been lowered to $39.6, a 16.19% decrease from the previous target of $47.25. Analysts from Stifel, Mizuho, Morgan Stanley, and RBC Capital have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Callon Petroleum operates in the oil and natural gas sector, with a focus on the Permian Basin. The company's financial performance shows challenges in revenue growth, profitability, and asset utilization, but a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 12:00 pm

IVZ

Invesco reported Q4 FY23 net long-term inflows of $6.7 billion, driven by $12.4 billion from ETFs, $1.4 billion from active fixed income, $1.5 billion from Greater China, and $0.2 billion from private markets.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:59 am

RTX

Raytheon Technologies (NYSE:RTX) surpassed analyst expectations for Q4 with an adjusted EPS of $1.29, beating the estimate of $1.25, and sales of $19.93B, exceeding the forecast of $19.73B. This represents a 1.57% increase in EPS and a 10.14% increase in sales compared to the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:55 am

AUB

Atlantic Union Bankshares (NYSE:AUB) reported Q4 adjusted EPS of $0.78, surpassing the $0.75 estimate, marking a 4% year-over-year increase. Sales reached $183.50M, exceeding estimates by 2.35% and reflecting a similar year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:53 am

HAL

Halliburton's stock (HAL) is trading higher following the announcement of a Q4 earnings per share (EPS) that exceeded expectations. Additionally, the company has increased its quarterly dividend by 6.25%, signaling confidence in its financial stability and future earnings potential.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:50 am