Streetbeat News

Stock Prices

CNP

CenterPoint Energy has provided an update on its response to Hurricane Beryl. The company plans to nearly double the size of its vegetation management crews and target higher risk vegetation to protect its electrical assets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:30 am

SWK

Stanley Black & Decker shares are trading higher after the company reported better-than-expected Q2 financial results and revised its FY24 adjusted EPS forecast upward.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:29 am

AFRM

Affirm Holdings shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:29 am

JBLU

JetBlue Airways shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:29 am

CNP

CenterPoint Energy has reiterated its 2024 adjusted EPS guidance of $1.61-$1.63, aligning closely with the consensus estimate of $1.62.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:27 am

CNP

CenterPoint Energy (NYSE:CNP) reported Q2 2024 adjusted EPS of $0.36, beating the analyst estimate of $0.32 by 12.5%. The company also reported sales of $1.905 billion, surpassing the $1.887 billion estimate and marking a 1.60% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:26 am

ZBRA

Zebra Technologies expects Q3 2024 net sales growth of 25%-28% YoY, with adjusted EPS of $3.00-$3.30, surpassing the $3.06 estimate. The company also anticipates a favorable impact from foreign currency translation and an adjusted EBITDA margin of 20%-21%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:25 am

ZBRA

Zebra Technologies has raised its guidance for FY24, now expecting net sales growth of 4%-7% and adjusted EPS of $12.30-$12.90. The company also anticipates a favorable impact from foreign currency translation and expects free cash flow to be at least $700 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:23 am

JBLU

JetBlue expects Q3 revenue to decline between 5.5% and 1.5% year-over-year and FY24 revenue to decline between 6.0% and 4.0%, revising its prior forecast of a low single-digit decline. The company is focusing on profitability and expects revenue initiatives and normalization of competitive capacity to support top-line growth. Despite unit cost headwinds, JetBlue maintains its full-year CASM-ex Fuel guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:15 am

JBLU

JetBlue has announced an incremental deferral of approximately $3 billion in planned capital expenditures for aircraft. This move is likely aimed at improving the company's liquidity and financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:11 am