Streetbeat News

Stock Prices

SPOT

Spotify reported a 28% year-over-year increase in its ad-supported monthly active users (MAUs), reaching 379 million in Q4.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:04 am

SPOT

Spotify Technology (NYSE:SPOT) reported Q4 sales of €3.67B, a 16% increase YoY but missed analyst consensus estimates of €3.72B by 1.26%. This represents a 13.58% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:04 am

ST

Sensata Technologies (NYSE:ST) reported Q4 adjusted EPS of $0.81, missing the $0.85 estimate, and sales of $992.50M, beating the $976.53M estimate. This represents a 15.62% decrease in earnings and a 2.22% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:03 am

ARCB

ArcBest (NASDAQ:ARCB) reported Q4 adjusted EPS of $2.47, surpassing the $2.21 estimate, marking a 0.82% year-over-year increase. However, its quarterly sales of $1.09B slightly missed the $1.09B estimate, reflecting a 12.46% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:02 am

IT

Gartner (NYSE:IT) reported Q4 adjusted EPS of $3.04, surpassing the $2.83 estimate, a 17.84% decrease from last year's $3.70. Sales reached $1.59B, slightly above the $1.58B estimate, marking a 5.38% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:02 am

CNC

Centene (NYSE:CNC) reported Q4 adjusted EPS of $0.45, surpassing the $0.43 estimate, and sales of $39.46B, exceeding the $36.14B estimate. This represents a 47.67% decrease in EPS and a 10.96% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:02 am

DD

DuPont de Nemours (DD) reported Q4 adjusted EPS of $0.87, surpassing the $0.85 estimate, but its sales of $2.90B fell short of the $2.93B estimate. This represents a 2.25% decrease in earnings and a 6.64% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:02 am

LIN

Linde (NYSE:LIN) reported Q4 adjusted EPS of $3.59, surpassing the $3.49 estimate, marking a 13.61% year-over-year increase. Quarterly sales reached $8.30B, exceeding the $8.06B estimate, up 5.10% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:01 am

HIMX

Himax Technologies projects a decline in its first quarter net revenue by 9%-16% sequentially, with expected earnings per ADS ranging from $0.02 to $0.05, below the estimated $0.08. The gross margin is anticipated to be around 28.5%, influenced by the final product mix.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:49 am

TSLA

Daiwa Capital analyst Jairam Nathan downgrades Tesla (TSLA) from Outperform to Neutral and sets a new price target of $195.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:46 am