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LNT

Alliant Energy reported Q1 sales of $1.031 billion, missing the consensus estimate of $1.065 billion by 3.15% and marking a 4.27% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:02 pm

RMAX

RE/MAX Holdings (RMAX) reported Q1 2024 adjusted EPS of $0.20, surpassing the $0.19 estimate, with sales of $78.287M also beating the $77.265M forecast. However, this represents a 23.08% decrease in earnings and an 8.33% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:55 pm

WK

Workiva's stock price increased after the company reported strong Q1 earnings and provided positive EPS guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:55 pm

AAPL

FXI

Apple CEO Tim Cook announced that iPhone sales have grown in mainland China, indicating a positive market response in a critical region for the company.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:54 pm

OLED

Universal Display has revised its FY24 revenue guidance, raising the lower end from $625M to $635M, while maintaining the upper limit at $675M. The estimated average revenue is now $652.615M. The company notes the OLED industry's volatility and the potential for various factors to materially impact results.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:54 pm

WK

Workiva projects Q2 adjusted EPS of $0.16-$0.19, surpassing the $0.13 estimate, with total revenue expected to be $174M-$176M, slightly below the $177.2M estimate. For FY24, the adjusted EPS forecast is $0.96-$1.03, significantly higher than the $0.60 estimate, with total revenue anticipated to be $719M-$723M, around the $720.8M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:53 pm

LLAP

Terran Orbital Corporation (NYSE:LLAP), a leader in satellite solutions for aerospace and defense, is conducting a strategic review to maximize shareholder value, exploring all options. The company values its partnership with Lockheed Martin under a Strategic Cooperation Agreement until 2035.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:50 pm

TRNO

Terreno Realty Corporation (NYSE:TRNO) has expanded its industrial real estate portfolio by acquiring 28 buildings across New York City, Northern New Jersey, San Francisco Bay Area, and Los Angeles for approximately $364.5 million. The properties, totaling about 1.2 million square feet, are 91.6% leased to 70 tenants. The acquisition, advised by Goldman Sachs & Co. LLC, showcases in-place and estimated stabilized cap rates of 4.3%, 5.0%, and 5.8% respectively, reflecting the portfolio's income potential and adjustment to current market rents.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:48 pm

MTZ

MasTec, Inc. (MTZ) has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be $2.95, surpassing the estimated $2.69. This forecast indicates a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:48 pm

ED

Consolidated Edison (NYSE:ED) reported Q1 adjusted EPS of $2.15, surpassing the $1.88 estimate, marking a 17.49% year-over-year increase. However, their sales of $4.28B fell short of the $4.40B estimate, a 2.79% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:48 pm