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M

Macy's has updated its 2024 revenue guidance, adjusting the range from $22.2 billion-$22.9 billion to $22.3 billion-$22.9 billion.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:58 am

M

Macy's has raised its 2024 adjusted EPS guidance from $2.45-$2.85 to $2.55-$2.90, compared to the $2.62 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:57 am

AS

Amer Sports has updated its FY24 guidance, projecting fully diluted EPS towards the high end of $0.30 to $0.40, despite a $0.03-$0.04 negative impact from non-recurring finance costs in 1Q24. The company expects mid-teens revenue growth, a gross margin of approximately 54%, and an operating margin between 10.5% and 11%.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:57 am

M

Macy's reported its Q1 adjusted EPS at $0.27, surpassing the estimated $0.15. However, net sales were slightly below expectations at $4.846 billion compared to the estimated $4.86 billion.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:56 am

AZO

AutoZone (NYSE:AZO) reported Q3 2024 earnings per share (EPS) of $36.69, beating the analyst consensus estimate of $36.20 by 1.35%. However, the company's quarterly sales of $4.235 billion missed the analyst consensus estimate of $4.298 billion by 1.46%. This represents a 3.52% increase over sales of $4.091 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:56 am

CTXR

Trading for CTXR was halted at 6:55:00 a.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:55 am

DIA

GLD

NVDA

SPY

USO

On May 20th, U.S. stock markets closed mixed with the Nasdaq reaching a record high and the S&P 500 rising slightly due to gains in technology stocks ahead of Nvidia’s earnings. The Dow Jones Industrial Average fell. Asian and European markets dipped, with notable declines in Japan, China, and Hong Kong. Commodities like crude oil and gold also saw declines.

Portfolio Pulse from Akanksha Bakshi

May 21, 2024 | 10:53 am

TSLA

A coalition of Tesla Inc. (NASDAQ: TSLA) shareholders, including Amalgamated Bank and SOC Investment Group, is urging investors to reject CEO Elon Musk's $56 billion pay package ahead of the company's annual meeting. They argue Musk is too distracted by other ventures and not prioritizing Tesla's interests. The group also recommends voting against the reelection of directors Kimbal Musk and James Murdoch, citing governance issues.

Portfolio Pulse from Benzinga Neuro

May 21, 2024 | 10:53 am

AS

Amer Sports shares are trading higher following Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:53 am

HSAI

Hesai Group shares are trading lower following their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 10:46 am