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GRC

Gorman-Rupp (NYSE:GRC) reported Q4 earnings of $0.34 per share, surpassing the $0.24 estimate, marking a 209.09% increase from last year. Sales reached $160.56M, exceeding the $156.78M estimate, up 9.98% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:40 am

PCRFY

Panasonic Holdings (OTC:PCRFY) reported Q3 earnings, beating estimates with an EPS of $0.32 against the expected $0.23, a 39.13% beat. However, revenue declined by $540 million from the previous year. Despite beating last quarter's EPS estimates, the share price dropped by 6.52% the following day.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 11:40 am

WEC

JP Morgan analyst Jeremy Tonet downgraded WEC Energy Group (WEC) from Neutral to Underweight and reduced the price target from $90 to $84.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:33 am

REGN

Regeneron Pharmaceuticals reported Q4 adjusted EPS of $11.86, surpassing the $10.77 estimate, and sales of $3.43B, exceeding the $3.29B estimate. This represents a 5.57% decrease in EPS and a 0.59% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:32 am

LYB

LyondellBasell Industries (NYSE:LYB) reported Q4 adjusted EPS of $1.26, missing the $1.31 estimate, and sales of $9.93B, beating the $9.84B estimate. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:31 am

GFI

BMO Capital analyst Andrew Kaip downgraded Gold Fields (NYSE:GFI) from Market Perform to Underperform and reduced the price target from $14 to $12.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:31 am

XOM

Exxon Mobil (NYSE:XOM) reported Q4 adjusted earnings per share of $2.48, surpassing the $2.21 estimate, marking a 12.22% beat but a 27.06% decrease from last year's $3.40. Quarterly sales were $84.34 billion, missing the $85.23 billion estimate by 1.04% and showing an 11.62% decrease from the previous year's $95.43 billion.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:30 am

BP

BP PLC (NYSE:BP) evacuated its Whiting, Indiana refinery due to a transformer failure causing a plant-wide power outage. The incident led to a shutdown of the 435,000 barrel-per-day facility, sparking fears of fuel supply shortages. The outage pushed up gasoline and diesel prices in the area and lowered Canadian crude prices. BP's shares traded 0.51% lower at $34.95 in premarket trading on Friday.

Portfolio Pulse from Lekha Gupta

February 02, 2024 | 11:26 am

BSAC

Banco Santander Chile (NYSE:BSAC) reported Q4 GAAP EPS of $0.43, missing the $0.53 estimate, and sales of $414.03M, missing the $627.37M estimate. This represents an 18.87% miss on EPS and a 34.01% miss on sales estimates, with a slight 0.40% decrease in sales compared to the same period last year, despite a 72% increase in EPS from $0.25.

Portfolio Pulse from saritha@benzinga.com

February 02, 2024 | 11:17 am

CVX

Chevron (NYSE:CVX) reported Q4 adjusted EPS of $3.45, surpassing the $3.21 estimate, but its sales of $47.18B fell short of the $51.62B estimate. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:15 am