Streetbeat News

Stock Prices

SIMO

Silicon Motion shares are trading higher following the announcement of strong Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:48 am

TRUP

Trupanion shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:48 am

ALHC

Alignment Healthcare's shares surged following the announcement of Q1 revenue results surpassing expectations, along with Q2 and FY24 revenue guidance being set higher than estimates.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:47 am

WSC

WillScot Mobile Mini's shares increased after reporting higher than expected revenue for Q1.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:47 am

BOOM

DMC Global shares are trading lower due to the company reporting better-than-expected Q1 2024 adjusted EPS but missing sales estimates.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:47 am

DMRC

Digimarc's stock price increased following the announcement of their Q1 2024 earnings, which surpassed analysts' expectations in terms of both adjusted EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:47 am

JWN

M

Sycamore Partners, a buyout equity firm, is reportedly interested in privatizing Nordstrom Inc (NYSE:JWN), causing Nordstrom's shares to surge by 6% on the NYSE. The Nordstrom CEO and president, who are brothers, have confirmed exploring privatization options. Negotiations with Sycamore or other potential buyers are ongoing, with no deal guaranteed. Nordstrom faces challenges amid inflation and high interest rates, with a net long-term debt of $2.6 billion. Macy's Inc (NYSE:M) is also seen as a potential acquisition target in the department store sector.

Portfolio Pulse from Shivani Kumaresan

May 03, 2024 | 10:47 am

XPO

XPO Logistics, Inc. (XPO) reported Q1 2024 adjusted EPS of $0.81, surpassing the consensus estimate of $0.67 by 20.9%. Quarterly sales reached $2.018 billion, exceeding estimates of $2.007 billion by 0.57% and marking a 5.82% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:46 am

TRP

TC Energy (NYSE:TRP) reported Q1 2024 adjusted EPS of C$1.24, surpassing the C$1.14 estimate, and sales of C$4.234B, slightly above the C$4.214B estimate. This represents a 2.48% increase in EPS and a 7.79% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:42 am

ESNT

Essent Group (NYSE:ESNT) reported Q1 2024 earnings of $1.70 per share, surpassing the $1.60 estimate, marking a 6.92% increase from last year. However, their sales of $298.357M slightly missed the $298.624M estimate, though it's a 16.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:41 am