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DIS

Sean Bailey, the longtime president of Walt Disney Studios Motion Picture Production, has stepped down. Under his leadership, Disney saw success with live-action movies like 'Aladdin' and 'The Lion King'. However, Disney has recently experienced a decline in box office performance.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:49 pm

BONKUSD

DOGEUSD

PEPEUSD

SHIBUSD

WIFUSD

Dogwifhat (WIF), dubbed the 'Shiba Inu killer', surged 32% in the past 24 hours, outperforming other dog-themed memecoins and the broader crypto market, which saw a 5.5% rally in Bitcoin. This increase pushed Dogwifhat's market cap, making it the fourth largest among dog-themed memecoins. Analysts and traders, including DeFi.Pope and TheFlowHorse, predict a continued bullish trend for WIF, with significant holder growth and potential for further price increases.

Portfolio Pulse from Khyathi Dalal

February 26, 2024 | 10:47 pm

AEP

American Electric Power (AEP) reported Q4 2023 adjusted EPS of $1.23, missing the $1.26 estimate, and sales of $4.60B, missing the $5.12B estimate. This represents a 6.12% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:47 pm

EFC

Ellington Financial (EFC) reported Q4 2023 adjusted EPS of $0.27, missing the $0.40 estimate, and sales of $31.58M, below the $42.67M estimate. This represents a 4.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:47 pm

AA

AMR

FEAM

VALE

5E Advanced Materials (FEAM) is nearing initial production at its Boron Americas Complex, with operations and commercial activities ramping up for a Q2 2024 start. Alcoa Corporation (AA) plans to acquire Alumina Limited (AWCMF) in an all-stock deal valued at $2.2 billion, aiming to strengthen its market position. Vale (VALE) and Sumitomo Metal Mining (SMMYY) are selling a 14% stake in PT Vale Indonesia to PT Mineral Industri Indonesia, aligning with ownership transfer obligations. Alpha Metallurgical (AMR) reported a significant increase in Q4 net income and adjusted EBITDA, continuing its share buyback program.

Portfolio Pulse from Austin DeNoce

February 26, 2024 | 10:39 pm

ACHR

Archer Aviation Inc (NYSE:ACHR) reported Q4 financial results with losses of 34 cents per share, missing analyst expectations by 21.43%. Despite this, the company is progressing with its Midnight aircraft, expecting to complete 400 test flights in 2024. Archer anticipates non-GAAP operating expenses of $75 million to $95 million for Q1 2024. Shares fell 6.91% after-hours to $4.58.

Portfolio Pulse from Erica Kollmann

February 26, 2024 | 10:37 pm

AES

AES Corporation has increased its annualized growth target to 7% to 9% through 2027, up from the previous target of 6% to 8%, based on the 2023 guidance. This adjustment reflects a more optimistic outlook for the company's growth prospects over the next few years.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:33 pm

SOI

Solaris Oilfield Infra (NYSE:SOI) reported Q4 2023 adjusted EPS of $0.15, missing the $0.19 estimate, and sales of $63.35M, missing the $65.55M estimate. This represents a 24.64% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:29 pm

AES

AES reported Q4 adjusted earnings of $0.73 per share, surpassing the $0.67 estimate, marking a 48.98% increase from last year. However, their sales of $2.97B fell short of the $3.36B estimate, a 3.01% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:29 pm

ASUR

Asure Software (NASDAQ:ASUR) reported Q4 adjusted EPS of $0.08, surpassing the $0.05 estimate, but its sales of $26.26M fell short of the $26.39M estimate. This represents a 52.94% decrease in earnings and a 10.34% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:23 pm