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LFUS

Littelfuse reported Q1 2024 adjusted EPS of $1.76, surpassing the $1.75 estimate, with sales of $535.385M exceeding the $519.195M forecast. This represents a 51.65% decrease in earnings and a 12.20% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:03 pm

LXFR

Luxfer Holdings (NYSE:LXFR) reported Q1 2024 adjusted EPS of $0.15, surpassing the $0.08 estimate, with sales of $89.4M also beating the $82.9M forecast. However, these figures represent a decrease from the previous year, with earnings down 25% and sales down 11.75%.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:02 pm

HI

Hillenbrand reported Q2 2024 adjusted EPS of $0.76, surpassing the $0.75 estimate, marking a 2.7% year-over-year increase. However, its sales of $785.3M fell short of the $810.688M estimate, despite a 13.65% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:02 pm

NXPI

Over the past 10 years, NXP Semiconductors (NASDAQ:NXPI) has produced an average annual return of 15.52%, outperforming the market by 5.13% annually. A $100 investment in NXPI a decade ago would now be worth $418.47, showcasing the impact of compounded returns on investment growth. NXP Semiconductors currently has a market capitalization of $65.30 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 9:00 pm

MOH

Over the past 20 years, Molina Healthcare (NYSE:MOH) has produced an average annual return of 14.41%, outperforming the market by 6.52% on an annualized basis. A $1000 investment in MOH 20 years ago would be worth $14,549.19 today, showcasing the impact of compounded returns over time. Molina Healthcare currently has a market capitalization of $20.04 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 9:00 pm

IVT

InvenTrust Properties (NYSE:IVT) reported Q1 2024 FFO of $0.44 per share, surpassing the $0.40 estimate, and sales of $66.798M, exceeding the $65.830M forecast. This represents a 4.76% increase in earnings and a 2.44% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:59 pm

HAIN

Hain Celestial Group (NASDAQ:HAIN) announced strategic actions to simplify its portfolio and operating footprint, aiming to reduce complexity and strengthen its balance sheet. The company is reducing its portfolio assortment by 62%, consolidating its personal care manufacturing footprint, and streamlining its co-manufacturing network globally. These actions are part of the Hain Reimagined business strategy, focusing on driving a core portfolio of brands across five categories and leveraging scale and synergies across five core geographies. The initiatives include global SKU reductions, the sale of the Thinsters cookie brand, and the consolidation of manufacturing plants, which are expected to unlock annualized savings, generate operating cash flow to pay down debt, and drive gross margin expansion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:58 pm

BRK.B

The 2024 Berkshire Hathaway annual shareholders meeting will be the first without Charlie Munger, who passed away in November at 99. Warren Buffett, Berkshire's CEO, has often credited Munger as the brains behind the company. The meeting in Omaha will feature other key figures like Greg Abel and Ajit Jain. Munger's absence marks a significant change for the event, known as the 'Woodstock for Capitalists,' which attracts investors worldwide.

Portfolio Pulse from Chris Katje

April 30, 2024 | 8:58 pm

GIC

Global Industrial (NYSE:GIC) reported Q1 2024 earnings of $0.34 per share, missing the consensus estimate of $0.38, and sales of $323.4M, beating the estimate of $322.269M. Earnings per share decreased by 2.86% from the same period last year, while sales increased by 18.12%.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:57 pm

UDR

UDR, Inc. anticipates its Q2 FFOA per share to be between $0.60 and $0.62, aligning with the estimated $0.61. Additionally, the company has uplifted its full-year 2024 outlook, raising it from a range of $2.36-$2.48 to $2.38-$2.50, compared to the estimated $2.44.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:56 pm