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WT

WisdomTree, Inc. outlines its performance, recent milestones, and growth strategy in a letter to stockholders ahead of the 2024 Annual Meeting. The company highlights a 40% stock price increase over the past year, surpassing its 5-year high, and a market capitalization increase of approximately $200 million since the 2023 annual meeting. WisdomTree reports record AUM of $107.2 billion as of March 31, 2024, and significant revenue growth. The letter also addresses the company's expansion into digital assets and blockchain-enabled finance, including the launch of WisdomTree Prime and a Visa Debit Card. It refutes claims made by dissident stockholder Graham Tuckwell, emphasizing the board's support for the current strategic plan and vision. WisdomTree urges stockholders to vote "FOR" all directors to continue its growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm

NTST

NETSTREIT has updated its 2024 AFFO (Adjusted Funds From Operations) per share guidance, raising the lower end of its forecast from $1.24 to $1.25, while maintaining the upper end at $1.28. This revision surpasses the estimated $1.21, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:40 pm

KFRC

Kforce projects its Q2 2024 earnings per share (EPS) to be between $0.68 and $0.76, which is below the estimated $0.76. The company also forecasts revenue to be between $352 million and $360 million, falling short of the expected $363.922 million.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:37 pm

LXU

LSB Industries (NYSE:LXU) reported Q1 2024 earnings of $0.08 per share, surpassing the $0.05 estimate, with sales of $138.204M also beating the $127.662M estimate. However, this represents a decrease from the previous year's earnings of $0.21 per share and sales of $180.964M.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:37 pm

BTTR

Better Choice Company Inc. (BTTR) received a notice from NYSE American for noncompliance with listing standards, specifically regarding stockholders' equity levels. The company, with $3.0 million in stockholders' equity and losses in three of the last four fiscal years, must submit a compliance plan by May 24, 2024, to regain compliance by October 24, 2025. The stock will continue trading under the symbol 'BTTR' with a '.BC' designation indicating 'below compliance'. The company is exploring transactions to meet compliance requirements.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:36 pm

WWD

Woodward, Inc. (WWD) has increased its FY24 adjusted EPS guidance from $5.00-$5.40 to $5.70-$6.00, surpassing the $5.36 estimate. Additionally, revenue guidance was raised from $3.150B-$3.300B to $3.250B-$3.350B, slightly above the $3.243B estimate.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:36 pm

FBRT

Franklin BSP Realty Trust (NYSE:FBRT) reported Q1 2024 adjusted EPS of $0.41, surpassing the $0.39 estimate, but its sales of $53.952M fell short of the $56.491M forecast. This represents a 6.82% decrease in earnings and a 14.05% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:34 pm

MED

Medifast shares are trading lower following the announcement of mixed Q1 financial results, indicating a disparity between expected and actual financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:33 pm

BLND

Blend Labs shares surged following the announcement of a strategic partnership with Haveli Investments, which includes a significant $150 million investment into the company.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:32 pm

NSC

Norfolk Southern CEO Alan Shaw expressed disagreement with Glass Lewis' decision to side with activist investor Ancora, as reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:31 pm