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CLF

Cleveland-Cliffs shares are trading higher after the company beat Q2 revenue estimates.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:08 pm

SAP

SAP reported Q2 2024 GAAP EPS of €0.76, missing the €0.97 estimate by 21.65%, but sales of €8.29B beat the €8.23B estimate by 0.69%. Sales increased by 1.07% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:07 pm

BWAY

Brainsway has filed for a mixed shelf offering of up to $100 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:05 pm

TRST

Trustco Bank (NASDAQ:TRST) reported Q2 2024 adjusted earnings per share (EPS) of $0.66, surpassing the analyst consensus estimate of $0.53 by 24.53%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:05 pm

CDNS

Cadence Design Systems (CDNS) has provided its Q3 and FY24 financial guidance. For Q3, the company expects adjusted EPS between $1.39 and $1.49, below the estimated $1.60, and revenue between $1.165 billion and $1.195 billion, slightly below the estimated $1.19 billion. For FY24, Cadence forecasts adjusted EPS between $5.77 and $5.97, close to the estimated $5.93, and revenue between $4.6 billion and $4.66 billion, in line with the estimated $4.6 billion.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:04 pm

AGNC

AGNC Investment (NASDAQ:AGNC) reported a Q2 2024 GAAP EPS of $(0.11), significantly missing the analyst consensus estimate of $0.36 by 130.56%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:03 pm

CDNS

Cadence Design Systems (NASDAQ: CDNS) reported Q2 2024 adjusted EPS of $1.28, beating the estimate of $1.22. Sales were $1.061 billion, surpassing the $1.043 billion estimate and showing an 8.64% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:02 pm

ASML

Investors with significant capital have taken a predominantly bearish stance on ASML Holding (NASDAQ:ASML), as indicated by recent options trades. Benzinga's options scanner detected 120 unusual options trades, with 58% being bearish. The total value of put options is $4,193,458, while call options total $2,786,475. The price range of interest is between $195.0 and $1160.0. ASML's stock is currently up 4.81% at $938.41, with a neutral RSI. Analysts have set an average price target of $1251.0.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 8:01 pm

PR

Analysts have provided a range of ratings for Permian Resources (NYSE:PR) over the past three months, with a majority being bullish. The average 12-month price target has been slightly reduced to $20.86. Key financial metrics indicate challenges in profitability and debt management despite strong revenue growth.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 8:01 pm

APP

High-rolling investors have shown significant interest in AppLovin (NASDAQ:APP) through options trading, with a mix of bullish and bearish sentiments. The majority of trades are calls, indicating a generally positive outlook. The stock is currently trading at $83.52, up by 2.1%, with an earnings announcement expected in 16 days.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 8:01 pm