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CMG

Raymond James analyst Brian Vaccaro has reaffirmed an Outperform rating on Chipotle Mexican Grill (CMG) and increased the price target from $2450 to $2550.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:40 pm

FROG

JBHT

OSS

VEEV

Insiders at J.B. Hunt Transport, One Stop Systems, Veeva Systems, and JFrog have recently sold shares of their companies. While insider sales can be part of preplanned strategies, they can also suggest concerns about the company's prospects or that the stock may be overvalued. J.B. Hunt reported a 9% Y/Y decline in Q4 revenue but beat consensus estimates. One Stop Systems expanded its relationship with FLYHT for a 5G enabled solution. Veeva Systems received a price target increase from Keybanc, and JFrog had its price target raised by Needham.

Portfolio Pulse from Avi Kapoor

January 25, 2024 | 12:39 pm

NTCT

NetScout Systems, Inc. has updated its FY24 adjusted EPS guidance to a range of $2.15-$2.20, which is at the higher end of its previous forecast of $2.00-$2.20. This updated guidance surpasses the analyst estimate of $2.10.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:35 pm

NTCT

NetScout Systems, Inc. has updated its FY24 revenue forecast to approximately $840 million, which is at the lower end of its previous guidance range of $840 million to $860 million. This new forecast is slightly below the consensus estimate of $842.92 million.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:35 pm

NEE

NextEra Energy (NYSE:NEE) reported Q4 adjusted earnings per share (EPS) of $0.52, surpassing the analyst consensus estimate of $0.49 by 6.12%. This represents a 1.96% increase from the $0.51 EPS reported in the same quarter last year. Quarterly sales reached $6.88 billion, exceeding the consensus estimate of $5.70 billion by 20.65% and marking an 11.57% increase from the $6.16 billion reported in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

STBA

S&T Bancorp (NASDAQ:STBA) reported Q4 2023 earnings of $0.96 per share, surpassing the consensus estimate of $0.86 by 11.63%. However, this represents a 6.8% decrease from the $1.03 per share earned in the same quarter last year. Sales reached $103.17M, exceeding estimates by 3.41% but showing a 1.46% decline from the previous year's $104.70M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

BHLB

Berkshire Hills Bancorp (BHLB) reported Q4 2023 adjusted earnings per share (EPS) of $0.47, missing the consensus estimate of $0.49 by 4.08%. Year-over-year, this represents a 26.56% decrease from an EPS of $0.64. Quarterly sales were $90.44M, falling short of the $94.52M estimate by 4.31% and marking an 11.41% decrease from the previous year's $102.09M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

LRCX

Raymond James analyst Srini Pajjuri has reaffirmed an Outperform rating on Lam Research (NASDAQ:LRCX) and increased the price target from $850 to $950, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:28 pm

FFWM

First Foundation (NYSE:FFWM) reported Q4 2023 adjusted EPS of $0.05, surpassing the $0.03 estimate, but experienced a significant year-over-year decline with an 85.71% decrease from $0.35. Sales for the quarter were $56.37M, falling short of the $62.82M estimate and marking a 31.21% decrease from the previous year's $81.94M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:16 pm

VLY

Valley National Bancorp (NASDAQ: VLY) reported Q4 2023 adjusted earnings per share (EPS) of $0.22, missing the consensus estimate of $0.25 by 12%. Year-over-year, this represents a 37.14% decrease from the $0.35 EPS reported in the same period last year. Quarterly sales were $449.97 million, falling short of the $468.14 million estimate by 3.88% and marking a 13.24% decrease from the previous year's sales of $518.62 million.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:14 pm