Streetbeat News

Stock Prices

ABNB

Airbnb's stock is trading lower following the release of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:05 am

CCO

Clear Channel Outdoor (CCO) reported Q1 sales of $481.75M, surpassing the analyst consensus estimate of $478.55M by 0.67%. However, this represents an 11.68% decrease from the previous year's sales of $545.43M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:04 am

ACRE

Ares Commercial Real Estate (ACRE) reported Q1 2024 adjusted EPS of $(0.62), missing the $(0.23) estimate, and sales of $18.692M, beating the $17.080M estimate. This represents a significant decrease in earnings and a decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:03 am

EPAM

EPAM Systems reported Q1 2024 adjusted EPS of $2.46, surpassing the $2.31 estimate, with sales of $1.165B also beating the $1.161B estimate. This represents a 3.76% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:03 am

CSIQ

Canadian Solar (NASDAQ:CSIQ) reported Q1 2024 earnings of $0.19 per share, surpassing the $(0.08) estimate, with sales of $1.342B exceeding the $1.287B forecast. This represents a 21.11% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:02 am

VTNR

Vertex Energy (VTNR) reported Q1 2024 GAAP EPS of $(0.19), missing the $(0.13) estimate, with a 575% decrease from last year's earnings. Sales reached $695.320M, slightly above the $690.819M estimate, marking a 0.60% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:02 am

YETI

YETI Holdings reported Q1 adjusted earnings of $0.34 per share, surpassing the $0.24 estimate, a 41.67% beat, and an 88.89% increase from last year's $0.18. Sales reached $341.39M, exceeding the $333.31M estimate by 2.43%, marking a 12.75% increase from the previous year's $302.80M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:01 am

SIX

Six Flags Entertainment (NYSE:SIX) reported Q1 sales of $133.291 million, missing the analyst consensus estimate of $136.594 million by 2.42% and marking a 6.26% decrease from the previous year's sales of $142.190 million.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:01 am

EMR

Deutsche Bank analyst Nicole Deblase upgraded Emerson Electric (EMR) from Hold to Buy and increased the price target from $123 to $138.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:54 am

AAPL

VGT

XLK

Apple Inc.'s unionized retail store in Towson, Maryland, is considering a strike amid ongoing negotiations over pay, overtime, and other labor practices. The International Association of Machinists & Aerospace Workers, representing the store, plans to vote on a strike, which could disrupt Apple's image. This follows a report of unfair labor practices by Apple and a separate unionization vote in New Jersey. Apple's stock, part of ETFs like VGT and XLK, has risen over 6% in the past year.

Portfolio Pulse from Shivani Kumaresan

May 09, 2024 | 9:52 am