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SBAC

SBA Communications (SBAC) reported Q4 2023 earnings of $3.37 per share, surpassing the consensus estimate of $3.32. However, their quarterly sales of $675.10 million fell short of the expected $682.17 million, marking a 1.60% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:02 pm

AMC

AMC Entertainment Holdings is anticipated to report its Q4 financial results, with analysts expecting a revenue of $1.046 billion and a loss of 57 cents per share. Despite a weaker blockbuster slate in 2023 compared to 2022, the inclusion of Taylor Swift and Beyonce concert films could positively impact ticket prices. Analysts highlight AMC's market share expansion, heavy debt load, and lack of dividend payout as key factors. The company's share price has significantly declined, trading closer to its historical multiple.

Portfolio Pulse from Chris Katje

February 26, 2024 | 9:01 pm

FARO

Faro Technologies (NASDAQ:FARO) is anticipated to report an EPS of $0.21 in its upcoming quarterly earnings on 2024-02-27. Historical data shows a positive correlation between earnings performance and stock price movement. Last quarter, FARO beat the EPS estimate by $0.26, leading to a 15.86% stock price increase the following day. Over the past year, FARO shares have declined by 20.44%, with investors looking for positive guidance alongside earnings results to potentially influence stock price.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:01 pm

LGVN

Longeveron (NASDAQ:LGVN) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.21. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Historical performance shows a mixed reaction to past earnings reports, with share prices fluctuating based on actual EPS versus estimates. Currently, shares are trading at $0.518, down 85.06% over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:00 pm

EQIX

Over the past 5 years, Equinix (NASDAQ:EQIX) has delivered an average annual return of 15.24%, outperforming the market by 2.69% on an annualized basis. A $1000 investment in EQIX 5 years ago would now be worth $2,077.24, showcasing the impact of compounded returns on investment growth. Equinix currently holds a market capitalization of $83.24 billion.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:00 pm

TJX

Over the past 10 years, TJX Companies (NYSE:TJX) has outperformed the market with an average annual return of 12.41%, turning a $1000 investment into $3,254.56. The company currently has a market capitalization of $113.23 billion.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:00 pm

RCM

Coliseum Capital, a major shareholder of R1 RCM Inc. (NASDAQ:RCM), has issued an open letter to R1 RCM's Board, stating that New Mountain Capital's $13.75 per share acquisition offer undervalues the company. Coliseum supports the current Board, management, and strategy, urging the Board to seek a higher offer or remain public.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 8:57 pm

COIN

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is trading higher by 3.3% near the $0.0001-level, alongside a surge in Bitcoin and other crypto-related stocks. Coinbase shares have increased by 48% in the past month, driven by Bitcoin's rally, the approval of spot Bitcoin ETFs, and growing institutional interest. However, Coinbase experienced significant Bitcoin outflows last week.

Portfolio Pulse from Henry Khederian

February 26, 2024 | 8:50 pm

ATUS

CHTR

Altice USA's shares surged by approximately 50% following a Bloomberg report that Charter Communications is exploring the acquisition of the broadband company. Despite the speculation, Altice has not been approached by Charter for any transaction discussions, as per a CNBC source. Charter's shares fell nearly 2% amidst these rumors. The potential acquisition comes at a time when the telecom industry is facing challenges in retaining broadband and cable subscribers. Altice USA, owning brands like Optimum, has around five million customers, significantly less than Charter's 32 million.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 8:49 pm

ANET

Arista Networks (NYSE:ANET) has seen significant unusual options activity, with a bearish sentiment from financial giants despite 40% of traders being bullish. The options trades suggest a price range of $190.0 to $360.0 for ANET. The company, a provider of networking equipment, counts Microsoft and Meta Platforms among its largest customers. Recent trading volume shows ANET's price up by 0.86% at $269.97. Analysts have set an average target price of $320.6, with ratings ranging from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 8:45 pm