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LYB

LyondellBasell Industries (NYSE:LYB) reported Q4 adjusted EPS of $1.26, missing the $1.31 estimate, and sales of $9.93B, beating the $9.84B estimate. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:31 am

GFI

BMO Capital analyst Andrew Kaip downgraded Gold Fields (NYSE:GFI) from Market Perform to Underperform and reduced the price target from $14 to $12.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:31 am

XOM

Exxon Mobil (NYSE:XOM) reported Q4 adjusted earnings per share of $2.48, surpassing the $2.21 estimate, marking a 12.22% beat but a 27.06% decrease from last year's $3.40. Quarterly sales were $84.34 billion, missing the $85.23 billion estimate by 1.04% and showing an 11.62% decrease from the previous year's $95.43 billion.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:30 am

BP

BP PLC (NYSE:BP) evacuated its Whiting, Indiana refinery due to a transformer failure causing a plant-wide power outage. The incident led to a shutdown of the 435,000 barrel-per-day facility, sparking fears of fuel supply shortages. The outage pushed up gasoline and diesel prices in the area and lowered Canadian crude prices. BP's shares traded 0.51% lower at $34.95 in premarket trading on Friday.

Portfolio Pulse from Lekha Gupta

February 02, 2024 | 11:26 am

BSAC

Banco Santander Chile (NYSE:BSAC) reported Q4 GAAP EPS of $0.43, missing the $0.53 estimate, and sales of $414.03M, missing the $627.37M estimate. This represents an 18.87% miss on EPS and a 34.01% miss on sales estimates, with a slight 0.40% decrease in sales compared to the same period last year, despite a 72% increase in EPS from $0.25.

Portfolio Pulse from saritha@benzinga.com

February 02, 2024 | 11:17 am

CVX

Chevron (NYSE:CVX) reported Q4 adjusted EPS of $3.45, surpassing the $3.21 estimate, but its sales of $47.18B fell short of the $51.62B estimate. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:15 am

M

Citigroup analyst Paul Lejuez upgraded Macy's (NYSE:M) from Sell to Neutral and increased the price target from $14 to $18.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:15 am

CI

Cigna projects its 2024 revenues to be at least $235 billion and adjusted EPS to be at least $28.25, slightly above the consensus revenue forecast of $229.24 billion but just below the EPS consensus of $28.26.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:07 am

JOUT

Johnson Outdoors reported Q1 earnings of $0.38 per share, surpassing the $0.15 estimate, but sales of $138.64M fell short of the $140.44M forecast. This represents a 33.33% decrease in earnings and a 22.26% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:04 am

CI

Cigna Group (NYSE:CI) reported Q4 adjusted EPS of $6.79, surpassing the $6.53 estimate, marking a 35.26% increase from last year. Sales reached $51.15B, exceeding the $48.89B estimate, up 11.82% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:03 am