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VFC

VF Corp shares are trading lower following worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:09 pm

VFC

VF Corporation has appointed Paul Vogel as its new Chief Financial Officer, effective July 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:08 pm

SNPS

Synopsys has provided its financial guidance for FY24, projecting adjusted EPS between $12.90 and $12.98, which is below the estimated $13.42. The company also expects revenue between $6.09 billion and $6.15 billion, falling short of the estimated $6.46 billion.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:08 pm

SNOW

Snowflake (NYSE:SNOW) reported Q1 2025 earnings per share of $0.14, missing the analyst estimate of $0.18 by 22.22%. However, the company reported sales of $789.60 million, beating the estimate of $785.87 million by 0.47%. This represents a 26.62% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:08 pm

VFC

VF Corporation (NYSE: VFC) reported a Q4 2024 adjusted EPS of $(0.32), significantly missing the analyst estimate of $0.01. The company also reported sales of $2.40 billion, slightly below the $2.41 billion estimate and a 12.40% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:08 pm

PLUS

ePlus Inc. has announced a new share repurchase plan, allowing the company to repurchase up to 1.25 million shares over the next 12 months.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:07 pm

SNPS

Synopsys has released its Q3 financial guidance, projecting adjusted EPS between $3.25 and $3.30, which is above the estimated $3.22. However, the company expects revenue to be between $1.505 billion and $1.535 billion, which is below the estimated $1.58 billion.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:07 pm

SNPS

Synopsys shares are trading lower following a Q2 earnings miss.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:06 pm

SNPS

Synopsys (NASDAQ:SNPS) reported Q2 2024 adjusted EPS of $3.00, missing the analyst estimate of $3.03. The company also reported sales of $1.455 billion, falling short of the $1.519 billion estimate. Despite the misses, sales increased by 4.30% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:06 pm

DIA

QQQ

SPY

UUP

The minutes from the May FOMC meeting indicate a prolonged period of high interest rates, countering earlier dovish signals from Fed Chair Jerome Powell. Key points include the persistence of inflation, the effectiveness of current policy, and the potential for further tightening. Financial experts highlight the impact on market fluctuations and the challenges faced by the Fed. Major indices closed lower, and the dollar gained ground.

Portfolio Pulse from Piero Cingari

May 22, 2024 | 8:05 pm