Streetbeat News

Stock Prices

PSN

Parsons Corporation's shares experienced an increase in value after the company reported financial results for the first quarter that surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:39 am

CIFR

CLSK

COIN

HUT

MARA

RIOT

WULF

Crypto stocks CIFR, CLSK, COIN, HUT, MARA, RIOT, and WULF are trading lower due to a decline in Bitcoin prices ahead of the Federal Reserve's interest rate decision.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:37 am

BTCUSD

Bitcoin is trading lower in anticipation of the Federal Reserve's upcoming decision on interest rates.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:35 am

PSN

Parsons Corp (NYSE:PSN) reported Q1 2024 adjusted EPS of $0.70, surpassing the $0.62 estimate, and sales of $1.535B, exceeding the $1.377B estimate. This represents a significant increase in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:35 am

WLK

Westlake (NYSE:WLK) reported Q1 earnings of $1.34 per share, surpassing the $1.02 estimate by 31.37%, but marking a 56.07% decrease from last year's $3.05. Sales reached $2.98B, exceeding the $2.93B forecast by 1.54%, yet down 11.35% from the previous year's $3.36B.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:34 am

GIB

CGI (NYSE:GIB) reported Q2 2024 earnings of $1.46 per share, missing the $1.95 estimate, and sales of $2.775B, below the $3.780B estimate. This represents a 1.00% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:34 am

ESAB

ESAB reported Q1 2024 adjusted EPS of $1.20, surpassing the $1.10 estimate, and sales of $689.744M, exceeding the $664.869M estimate. This represents a 9.09% increase in EPS and a 0.84% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:33 am

UTHR

United Therapeutics (NASDAQ:UTHR) reported Q1 2024 GAAP EPS of $6.17, surpassing the $5.56 estimate, with a 10.97% beat. Sales reached $677.7M, exceeding the $623.966M estimate by 8.61%, marking a 33.70% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:32 am

BRK

Warren Buffett's potential successors at Berkshire Hathaway, Todd Combs and Ted Weschler, are underperforming the S&P 500, raising concerns about their ability to maintain the company's momentum. Despite following Buffett's investment strategy, their recent performance has not matched that of Buffett or the index. This issue will be a major topic at Berkshire's annual meeting, especially considering Buffett's age and the recent passing of Vice-Chair Charlie Munger.

Portfolio Pulse from Benzinga Neuro

May 01, 2024 | 10:32 am

CVS

CVS shares are trading lower due to worse-than-expected Q1 earnings per share (EPS) and revenues.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:32 am