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LGIH

LGI Homes reported closing 482 homes in March 2024, bringing its first quarter total to 1,083 homes closed. As of March 31, 2024, LGI Homes operates 120 active selling communities.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 9:07 pm

DIS

DKNG

PARA

The 2024 NCAA Men's Basketball Tournament has reached the Final Four stage, featuring top seeds Purdue and UConn, No. 4 seed Alabama, and No. 11 seed North Carolina State. UConn, the most popular pick to win in ESPN's Tournament Challenge, aims for back-to-back championships. DraftKings lists Purdue and UConn as favorites in their respective matches. The games will be broadcasted by Paramount Global's TBS, TNT, and truTV.

Portfolio Pulse from Adam Eckert

April 03, 2024 | 9:05 pm

META

Meta Platforms (NASDAQ:META) has delivered an average annual return of 23.33% over the past 5 years, outperforming the market by 10.76%. An initial investment of $1000 in META 5 years ago would be worth $2,896.82 today, with the company now having a market capitalization of $1.29 trillion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:01 pm

ACM

AECOM (NYSE:ACM) has delivered an average annual return of 25.96% over the past 5 years, outperforming the market by 13.39%. A $1000 investment in ACM 5 years ago would now be worth $3,110.05. The company currently has a market capitalization of $13.30 billion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:00 pm

META

Recent analyst ratings for Meta Platforms (NASDAQ:META) show a predominantly bullish outlook, with 29 analysts offering insights over the past three months. The average 12-month price target is $506.66, marking a 19.34% increase from the previous target. Analyst actions include various adjustments to ratings and price targets, reflecting a positive sentiment towards Meta's market standing and financial performance. Meta's financials indicate strong growth, profitability, and efficient asset and debt management, with significant revenue growth and above-average net margin and ROE.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:00 pm

LUNR

Intuitive Machines Inc (NASDAQ:LUNR) shares rose in extended trading after being awarded a $30 million Lunar Terrain Vehicle contract by NASA. The contract involves a feasibility assessment for developing and deploying a Lunar Terrain Vehicle using Intuitive Machines' Nova-D lunar lander. The company's CEO highlighted the alignment with their capability to deliver payloads to the Moon, and the project allows for commercial utilization of the vehicle. Partners in the project include AVL, Boeing, Michelin, and Northrop Grumman. LUNR shares are up 135% year-to-date, following their successful moon landing mission.

Portfolio Pulse from Adam Eckert

April 03, 2024 | 8:58 pm

XOM

Exxon Mobil anticipates a negative impact on Q1 upstream earnings due to changes in gas and liquids prices, with a projected decrease of $0.6B to $0.2B and $0.4B to flat, respectively, compared to Q4. However, changes in industry margins are expected to positively affect Q1 2024 energy products results by $0.5B-$0.7B versus Q4, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:57 pm

ZLS

Zalatoris II Acquisition Corp (ZLS) received a notice from Nasdaq on March 28 stating that it has not regained compliance with Nasdaq's rules within the compliance period. Unless ZLS requests an appeal by April 4, its securities will be delisted from Nasdaq. ZLS intends to appeal the determination by requesting a hearing to the hearings panel.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:52 pm

LEVI

Levi Strauss & Co. (NYSE:LEVI) reported Q1 earnings of 26 cents per share, surpassing the consensus estimate of 21 cents. Quarterly sales were $1.558 billion, slightly above the $1.547 billion estimate but down 7.76% year-over-year. Inventories decreased by 14%, while direct-to-consumer revenues rose by 7%. The company raised its FY24 EPS guidance from $1.15-$1.25 to $1.17-$1.27, against an estimate of $1.21. LEVI shares rose 6.59% after-hours to $19.89.

Portfolio Pulse from Erica Kollmann

April 03, 2024 | 8:51 pm

IMNM

Immunome Inc has filed a prospectus with the SEC for the proposed resale of 2.3 million shares of common stock by a selling stockholder. This move could potentially impact the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 8:49 pm