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WELL

Welltower (NYSE:WELL) reported Q1 2024 FFO of $1.01 per share, surpassing the $0.95 estimate, with sales of $1.859B exceeding the $1.806B forecast, marking a 19.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:23 pm

WWD

Woodward shares are trading higher following the announcement of their Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:23 pm

BRX

Brixmor Property Group (NYSE:BRX) reported Q1 2024 FFO of $0.54 per share, surpassing the $0.51 estimate, and sales of $320.241M, exceeding the $314.470M estimate. This represents a 2.82% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:22 pm

ST

Sensata Technologies announced CEO Jeff Cote's retirement and the appointment of Martha Sullivan as Interim President and CEO. The company also entered into cooperation and information sharing agreements with Elliott and formed a CEO Search Committee to find a permanent CEO. Phillip Eyler was appointed to the Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:22 pm

HLIT

Harmonic (NASDAQ:HLIT) reported Q1 sales of $122.060M, slightly beating the consensus estimate of $121.700M by 0.30%, but marking a 22.57% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:21 pm

BTMD

Biote Corp. (NASDAQ:BTMD) has reached a settlement with its founder, Dr. Gary S. Donovitz, to repurchase 18.4 million shares at $4.17 per share, totaling approximately $76.9 million. This settlement resolves ongoing litigation and includes a mutual release of claims, termination of the founder advisory agreement, and non-compete and non-solicitation agreements. The repurchase is structured over a three-year period, with the first transaction of approximately $32.2 million completed on April 26, 2024. Biote believes this action will be accretive to shareholder value and allows the company to focus on strategic objectives and growth.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:20 pm

CNO

CNO Financial Group (NYSE:CNO) reported Q1 sales of $1.156 billion, surpassing the analyst consensus estimate of $935.759 million by 23.54% and marking a 14.91% increase from the previous year's sales of $1.006 billion.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:18 pm

MBIN

Merchants Bancorp (NASDAQ:MBIN) reported Q1 earnings of $1.80 per share, surpassing the $1.36 estimate, a 68.22% increase from last year. Sales reached $167.93M, beating the $144.15M estimate, marking a 46.08% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:18 pm

INTU

Deep-pocketed investors are showing a bullish sentiment towards Intuit (NASDAQ:INTU), with a significant move detected by Benzinga's options scanner. The activity includes 13 extraordinary options activities, with a price band focus between $640.0 and $760.0 for the next three months. The market mood is mixed, with 46% bullish and 38% bearish sentiments. The largest options trades include both calls and puts, indicating diverse expectations for INTU's price movement. Intuit's current market status shows a slight price increase with potential overbought signals and upcoming earnings in 22 days.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 8:15 pm

AIN

Albany Intl (NYSE:AIN) reported Q1 adjusted earnings of $0.90 per share, surpassing the $0.87 estimate, but saw a slight decrease from last year's $0.91. Sales reached $313.33M, narrowly missing the $313.39M estimate, yet marking a 16.44% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:15 pm