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AX

Axos Financial, Inc. (NYSE:AX) exceeded market expectations with its second-quarter results, posting adjusted earnings of $1.60 per share against estimates of $1.38 and sales of $352.74 million versus the expected $247.50 million. The net interest margin rose to 4.55%, and net loans for investment increased to $18.3 billion. The company's shares saw a 1% pre-market gain to $57.35. Following the earnings report, Raymond James raised its price target from $45 to $62 with an Outperform rating, and Wedbush increased its target from $59 to $62 while maintaining a Neutral rating.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 2:05 pm

GOOGL

Wedbush analyst Scott Devitt has reiterated an Outperform rating on Alphabet Inc. (NASDAQ:GOOGL) and maintained a price target of $160. The reaffirmation of the positive outlook suggests confidence in Alphabet's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:02 pm

HTLD

Heartland Express (NASDAQ:HTLD) reported Q4 2023 adjusted earnings per share (EPS) of $0.06, surpassing the consensus estimate of $(0.08). However, the company's sales of $275.35 million fell short of the expected $294.01 million, marking a 22.42% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 2:02 pm

OTEX

Open Text (NASDAQ:OTEX) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with an estimated EPS of $1.19. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Open Text has seen share price movements following earnings beats or misses, with a 5.34% increase after last quarter's beat. Shares are currently trading at $44.03, up 32.38% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:02 pm

MO

Altria Group (NYSE:MO) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with analysts predicting an EPS of $1.08. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Altria's stock price has shown modest reactions to earnings beats or misses. The stock is currently trading at $40.46, down 13.56% over the last year, indicating a bearish sentiment among long-term shareholders ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:02 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) reported strong fiscal second-quarter results, surpassing revenue and EPS estimates. Revenue was up 18% year-over-year, with significant growth across various segments, including a 61% increase in Xbox Content and Services due to the Activision takeover. CEO Satya Nadella highlighted the application of AI at scale as a key driver. Analysts responded positively, with several raising their price targets for MSFT. Despite the positive report, MSFT shares dipped but have since partially recovered.

Portfolio Pulse from Adam Eckert

January 31, 2024 | 2:01 pm

CAH

Cardinal Health (NYSE:CAH) is expected to report an EPS of $1.60 in its upcoming quarterly earnings on February 1, 2024. Investors are looking for an earnings beat and positive guidance for future growth. Last quarter, CAH beat the EPS estimate by $0.32 but saw no change in stock price the following day. Historically, CAH's stock price has reacted variably to past earnings performances. Currently, CAH shares are up 42.2% over the last 52 weeks, trading at $107.06 as of January 30.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:01 pm

TECH

Bio-Techne (NASDAQ:TECH) is expected to release its quarterly earnings report on February 1, 2024, with an estimated EPS of $0.41. Investors are looking for an earnings beat and positive guidance for future growth. The company's stock performance has been negative over the past year, with a 10.07% decline. Previous quarters show a pattern of the stock price dropping following earnings reports that did not meet estimates.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:01 pm

BALL

Ball Corporation (NYSE: BALL) is expected to release its quarterly earnings report on February 1, 2024, with analysts predicting an EPS of $0.74. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Ball's stock price has reacted to both earnings outcomes and guidance. Last quarter, Ball beat the EPS estimate by $0.03, leading to a 4.87% stock price increase the following day. However, the stock has declined 7.14% over the past year, indicating bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:01 pm

KYOCY

Kyocera (OTC:KYOCY) is scheduled to release its quarterly earnings report on Thursday, 2024-02-01. Analysts predict an EPS of $0.05. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows that Kyocera's stock price is more influenced by guidance than earnings results. The stock was trading at $14.5 as of January 29, with a 52-week increase of 14.65%. Positive long-term performance may lead to bullish sentiment among shareholders ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:01 pm