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CTRM

Castor Maritime Inc. has sold the M/V Magic Nebula vessel for $16.2 million, expecting a net gain of $2.5 million from the sale. This transaction is part of the company's strategic operations to optimize its fleet.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:08 pm

TNC

Tennant (NYSE:TNC) reported Q4 earnings with an EPS of $1.92, surpassing the estimate of $1.25 by 53.6%. Revenue increased by $20.40 million from the previous year. Historically, beating EPS estimates has led to a share price increase, as seen last quarter with a 6.99% rise following an earnings beat.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:05 pm

NRGV

Energy Vault Holdings, Inc. (NRGV) has started construction of the U.S.'s largest green hydrogen plus battery energy storage system in Calistoga, California, for PG&E. The system, expected to be operational by Q2 2024, will provide 293 MWh of carbon-free energy, capable of powering 2,000 customers for up to 48 hours. This project, supported by a 10.5-year tolling agreement with PG&E, marks a significant advancement in microgrid development and decarbonization efforts.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:04 pm

CHRD

ERF

Enerplus Corporation (NYSE:ERF) shares surged premarket after announcing a merger with Chord Energy Corporation (NASDAQ:CHRD) in an $11 billion deal. The transaction includes 90% stock and 10% cash, with Chord shareholders owning 67% and Enerplus 33% of the combined entity. The merger aims to create a leading Williston Basin operator with significant synergies and a projected $1.2 billion free cash flow in 2024. Enerplus and Chord reported Q4 EPS above consensus, influencing their stock movements.

Portfolio Pulse from Lekha Gupta

February 22, 2024 | 2:02 pm

NWN

Northwest Natural Hldg (NYSE:NWN) is scheduled to release its quarterly earnings report on February 23, 2024, with an estimated EPS of $1.27. Analysts and investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows mixed results with minor EPS beats and subsequent varied stock price reactions. Currently, NWN shares are trading at $38.87, marking an 18.31% decline over the last year, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:01 pm

RSLS

ReShape Lifesciences (NASDAQ:RSLS) announced the first surgeries with its next-generation Lap-Band 2.0 FLEX, designed to enhance patient experience by reducing discomfort and the need for in-office adjustments. The technology allows the band to momentarily relax for food passage, expected to increase demand for Lap-Band surgeries.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:01 pm

DCBO

Docebo (NASDAQ:DCBO) is scheduled to release its quarterly earnings report on February 23, 2024, with an estimated EPS of $0.08. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Docebo's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 1.85% increase. Shares are currently trading at $45.94, up 37.98% over the last 52 weeks, indicating a positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:01 pm

LAMR

Lamar Advertising (NASDAQ:LAMR) is scheduled to release its quarterly earnings report on February 23, 2024, with an estimated EPS of $1.35. Analysts and investors will be closely watching for not only an earnings beat but also positive guidance for future growth. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on performance relative to expectations. Shares are currently trading at $107.71, reflecting a 5.73% increase over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:01 pm

H

Hyatt Hotels (NYSE:H) is scheduled to release its quarterly earnings report on February 23, 2024, with analysts estimating an EPS of $0.39. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares are currently trading at $133.55, up 15.49% over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:01 pm

OMAB

Central North Airport Gr (NASDAQ:OMAB) is scheduled to release its quarterly earnings report on 2024-02-23, with analysts expecting an EPS of $1.42. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's miss leading to a 2.92% drop. Shares are currently trading at $71.06, down 7.16% over the last 52 weeks. Investors will be keenly watching for both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:01 pm