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AEP

American Electric Power (AEP) reported Q1 2024 adjusted EPS of $1.27, surpassing the $1.26 estimate, marking a 15.45% increase from last year. However, their sales of $5.000B fell short of the $5.021B estimate, despite being a 6.38% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 11:02 am

ADM

Archer-Daniels Midland (ADM) reported Q1 2024 earnings of $1.46 per share, surpassing the $1.36 estimate, but its sales of $21.85B fell short of the $22.27B estimate, marking a 9.24% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 11:02 am

OTLY

Oatly Group (NASDAQ:OTLY) reported Q1 2024 earnings with a GAAP EPS of $(0.08), meeting analyst expectations and marking a 38.46% improvement over last year's $(0.13) per share. Sales reached $199.155M, exceeding estimates by 0.69% and showing a 1.79% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 11:01 am

CPLP

Capital Product Partners (CPLP) reported Q1 2024 adjusted EPS of $0.32, missing the $0.36 estimate, and sales of $104.5M, below the $105.525M estimate. This represents a 28.99% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 11:01 am

CCJ

Cameco (NYSE:CCJ) reported Q1 2024 earnings of C$0.13 per share, missing the C$0.28 estimate by 53.57%, and a 51.85% decrease from last year's earnings. Sales were C$634M, missing the C$828.503M estimate by 23.48%, and a 7.71% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 11:00 am

KO

Coca-Cola shares are trading higher following the release of their better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:58 am

MLM

Martin Marietta Materials (MLM) reported Q1 2024 earnings of $16.87 per share, significantly beating the $1.89 estimate, representing a 792.59% increase. However, their sales of $1.251B missed the $1.318B estimate, marking a 7.61% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:57 am

AMD

AMZN

QQQ

SPY

Wall Street is cautious ahead of the Federal Reserve's interest rate decision, with futures trading lower. The earnings season, including Amazon and AMD's reports, adds to market volatility. Analysts anticipate no rate cuts from the Fed but don't rule out future reductions. Stocks like F5, Inc. and Tesla saw premarket movements, while several companies are set to report earnings. Global markets show mixed reactions, with commodities and bonds seeing modest changes.

Portfolio Pulse from Shanthi Rexaline

April 30, 2024 | 10:57 am

TKR

Timken Co has updated its FY24 adjusted EPS outlook to $6.00-$6.30, up from the previous range of $5.80-$6.20, surpassing the estimated $6.05. Additionally, the company now anticipates a revenue decline of 2%-4% YoY, an improvement from the prior forecast of a 2.5%-4.5% decrease.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:56 am

TAP

Molson Coors Beverage (NYSE:TAP) reported Q1 2024 adjusted EPS of $0.95, surpassing the $0.74 estimate, with sales of $2.60B exceeding the $2.50B estimate, marking a 10.83% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 10:56 am