Streetbeat News

Stock Prices

PSN

Parsons Corp (NYSE:PSN) reported Q2 2024 adjusted EPS of $0.84, beating the $0.69 estimate by 21.74%. Sales were $1.670 billion, surpassing the $1.543 billion estimate by 8.21%. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:30 am

GEHC

GE Healthcare has reaffirmed its 2024 adjusted EPS guidance of $4.20-$4.35, which is in line with the consensus estimate of $4.27.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:29 am

GEHC

GE Healthcare has revised its 2024 organic revenue growth forecast to 1%-2% year-over-year, down from the previous estimate of approximately 4%, due to challenges in the China market. The company expects an adjusted EBIT margin of 15.7% to 16.0%, an adjusted effective tax rate of 23% to 25%, and adjusted EPS of $4.20 to $4.35. Free cash flow is projected to be around $1.8 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:27 am

PEGA

Pegasystems shares are trading higher following an upgrade from JMP Securities, which raised the stock rating from Market Perform to Market Outperform.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:26 am

GPS

Gap shares are trading higher after B of A Securities upgraded the stock from Underperform to Neutral and raised its price target from $18.50 to $25.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:26 am

GEHC

GE HealthCare Technologies shares are trading lower after the company reported worse-than-expected Q2 sales.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:25 am

EWJ

Japan has confirmed that it has intervened in the currency market over the past month, according to a report by Dow Jones. This intervention is likely aimed at stabilizing the yen, which has seen significant volatility recently.

Portfolio Pulse from charles@benzinga.com

July 31, 2024 | 10:22 am

GEHC

GE HealthCare Technologies reported Q2 2024 adjusted EPS of $1.00, beating the estimate of $0.98. However, sales were $4.839 billion, missing the estimate of $4.872 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:21 am

CHTR

Wolfe Research has downgraded Charter Communications (NASDAQ:CHTR) from Outperform to Peer Perform, as per analyst Peter Supino.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:19 am

LXP

LXP Industrial Trust has updated its FY24 estimated adjusted company FFO per share range from $0.61 - $0.65 to $0.62 - $0.65, with an estimate of $0.63.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:19 am