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RES

RPC (NYSE:RES) is expected to release its quarterly earnings report on Thursday, 2024-01-25, with analysts predicting an EPS of $0.18. Investors are looking for an earnings beat and positive guidance for the next quarter. RPC's stock performance has been negative over the last year, with shares down 27.53%. The stock price reacted negatively to past earnings misses, with drops following the announcements.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

MRTN

Marten Transport (NASDAQ:MRTN) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.19. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's stock performance has been negative over the last 52 weeks, with shares down 6.32%. Previous earnings performance shows a mixed impact on the stock price post-earnings announcement.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:01 pm

PFS

Provident Financial Services (NYSE:PFS) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.41. Investors are looking for an earnings beat and positive guidance for future growth. Historically, PFS's stock price has been sensitive to earnings performance and guidance. Last quarter, PFS met the EPS estimate, resulting in a 1.88% share price drop the following day. Over the past year, PFS shares have declined by 20.92%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm

LKFN

Lakeland Financial (NASDAQ:LKFN) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.89. Investors are looking for an earnings beat and positive guidance for future growth. Historically, LKFN's stock price has been sensitive to earnings performance and guidance. Last quarter, LKFN beat the EPS estimate by $0.08, resulting in a 1.7% stock price increase. Over the past year, LKFN shares have declined by 7.15%, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 6:00 pm

APO

BABA

SLB

On CNBC's Halftime Report, experts shared their final trades, which included Schlumberger N.V. (SLB), Blackstone (BX), Alibaba (BABA), and Apollo Global Management (APO). These stock picks are highlighted as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 6:00 pm

AAPL

FTEC

IXN

MSFT

XLK

Microsoft Corp. (MSFT) reached a $3 trillion market valuation on January 24, 2023, driven by optimism in AI, challenging Apple Inc. (AAPL) as the world's most valuable company. MSFT's stock rose 1.4% to $404, surpassing AAPL's market cap briefly. Microsoft's growth is buoyed by its AI initiatives, particularly its partnership with OpenAI. Analysts predict a 14.7% revenue increase to $243.16 billion and a 14.3% rise in EPS to 11.2 by 2024. Microsoft is a major holding in several ETFs, including XLK, FTEC, and IXN.

Portfolio Pulse from Piero Cingari

January 24, 2024 | 5:55 pm

APH

Amphenol Corporation (NYSE:APH) reported Q4 FY23 sales of $3.328 billion, a 3% increase YOY, surpassing the consensus of $3.150 billion. Adjusted EPS was $0.82, beating the consensus of $0.77. The adjusted operating margin improved slightly to 21.2%. The company ended the quarter with $1.66 billion in cash. Despite a slight YOY decrease in full-year sales, growth in certain markets and acquisitions offset declines in others. Amphenol forecasts Q1 sales of $3.04 to $3.10 billion, with adjusted EPS of $0.71 to $0.73, aligning with analyst expectations. APH shares rose 4.74% to $102.58.

Portfolio Pulse from Nabaparna Bhattacharya

January 24, 2024 | 5:52 pm

TEL

TE Connectivity Ltd (NYSE:TEL) reported Q1 FY24 net sales of $3.83 billion, nearly flat Y/Y but slightly below consensus of $3.86 billion. Adjusted EPS was $1.84, beating the consensus of $1.71. Orders increased by 4% Y/Y to $3.8 billion across all segments. Transportation Solutions revenue grew by 5% Y/Y, while Industrial Solutions and Communications Solutions saw declines. The adjusted operating margin improved to 19.1%. The company generated $570 million in free cash flow and has $1.17 billion in cash. CEO Terrence Curtin highlighted growth in automotive connectivity and expects strong margins in FY24. TEL forecasts Q2 net sales of $3.95 billion and adjusted EPS of $1.82, with shares trading up 7.40% at $144.62.

Portfolio Pulse from Anusuya Lahiri

January 24, 2024 | 5:51 pm

AXS

CCG

EHTH

FANH

HCI

OXBR

PGR

RELI

SLQT

SPNT

TIPT

TIRX

In Wednesday's intraday session, insurance stocks saw movement with Oxbridge Re Holdings (OXBR), Tian Ruixiang Holdings (TIRX), Axis Capital Holdings (AXS), Cheche Group (CCG), Progressive (PGR), and SiriusPoint (SPNT) recording gains. On the other hand, eHealth (EHTH), Fanhua (FANH), Reliance Global Group (RELI), HCI Group (HCI), SelectQuote (SLQT), and Tiptree (TIPT) experienced declines. Notably, Progressive's Q4 earnings were released.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 5:40 pm

PGR

Progressive Corp (NYSE:PGR) shares surged after reporting strong Q4 financial results. Net premiums earned and written saw significant year-over-year increases, beating consensus estimates. The company also reported a substantial rise in net income and a lower combined ratio, indicating improved profitability. Adjusted EPS exceeded expectations. Progressive's policies in force grew, and it holds a substantial investment portfolio. The company's transition to the Gregorian calendar is expected to affect monthly results comparisons for a year.

Portfolio Pulse from Lekha Gupta

January 24, 2024 | 5:39 pm