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CARR

Carrier Global shares are trading higher, rebounding from earlier weakness following their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:50 am

CWT

California Water Services Group (CWT) reported Q1 earnings of $1.21 per share, surpassing the $0.36 estimate, marking a 402.5% increase from last year's losses. Sales reached $270.75M, beating the $183.85M estimate, a 106.52% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:48 am

UNP

Union Pacific announced it will resume share repurchases in the second quarter. This decision could signal confidence in the company's financial health and future prospects, potentially impacting its stock price positively in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:46 am

ULBI

Ultralife shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:46 am

UNP

Union Pacific (UNP) reported Q1 2024 adjusted EPS of $2.69, surpassing the $2.52 estimate, with sales of $6.00B exceeding the $5.98B forecast. This represents a slight 0.92% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:46 am

SMMF

Summit Financial Group (SMMF) reported Q1 2024 earnings of $1.14 per share, surpassing the $1.07 estimate, and sales of $45.001M, exceeding the $44.674M forecast. This represents a 3.64% increase in earnings and a 16.66% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:45 am

VRAX

Virax Biolabs Group Limited (NASDAQ: VRAX) announced the launch of ImmuneSelect, a new portfolio within the ViraxImmune T-Cell diagnostic platform for research-use-only, aimed at evaluating adaptive immunity in post-viral syndromes. The announcement was made at the European Society of Clinical Microbiology and Infectious Diseases Global 2024 Congress. ImmuneSelect is designed to aid in the understanding and early characterization of symptoms associated with post-viral syndromes, including Long COVID, through T-Cell driven immunity evaluation. The portfolio includes peptide pools for various pathogens and recombinant antibodies targeting cytokines and biomarkers.

Portfolio Pulse from Vandana Singh

April 25, 2024 | 11:45 am

PEGA

Pegasystems shares are trading lower due to a Q1 revenue miss, indicating a potential short-term negative impact on the stock.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:43 am

PCSA

Processa Pharmaceuticals' stock is trading higher following HC Wainwright & Co's initiation of coverage with a Buy rating and an $8 price target.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:42 am

PLUG

Plug Power has signed two new contracts to deliver Basic Engineering and Design Packages (BEDP) for projects in Europe and the US, increasing its global BEDP contracts to 4.5GW. With 50MW of its electrolyzers already operational, Plug is on track to become the world's largest provider of PEM technology by year-end.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:42 am