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ASPI

CX

EXP

SMID

Four materials sector stocks, ASP Isotopes Inc. (ASPI), Smith-Midland Corporation (SMID), Eagle Materials Inc. (EXP), and CEMEX, S.A.B. de C.V. (CX), are considered overbought with RSI values above 70, indicating potential short-term performance issues. Recent company updates and analyst upgrades have contributed to their stock gains, but their high RSI values suggest they may face downward pressure.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 11:10 am

HLT

Hilton Worldwide has provided its outlook for the first quarter of 2024, projecting an adjusted EPS of $1.36 to $1.44, slightly above the $1.42 estimate. The company expects system-wide comparable RevPAR to increase by 2.0% to 4.0% on a currency neutral basis compared to Q1 2023. GAAP diluted EPS is forecasted to be between $1.32 and $1.40, with net income projected between $340 million and $359 million. Adjusted EBITDA is anticipated to be between $690 million and $710 million.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:09 am

PERI

Perion Network has projected its FY24 revenue to be in the range of $860M-$880M, which is below the market expectation of $887.17M.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:09 am

TGI

Triumph Group has revised its FY24 outlook downwards, with net sales now expected to be between $1.17B and $1.20B, a significant decrease from the previously forecasted range of $1.43B to $1.47B. This new forecast falls below the estimated $1.46B.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:07 am

HLT

Hilton Worldwide Holdings (NYSE:HLT) reported Q4 adjusted EPS of $1.68, surpassing the $1.57 estimate, marking a 5.66% increase from last year. Quarterly sales reached $2.61B, aligning with estimates and showing a 6.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:05 am

TGI

Triumph Group (NYSE:TGI) reported Q3 adjusted EPS of $(0.16), missing the $0.14 estimate, and sales of $285.00M, missing the $368.39M estimate. This represents a 500% decrease in EPS and an 8.90% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:04 am

RDWR

Radware (NASDAQ:RDWR) reported Q4 adjusted EPS of $0.13, surpassing the $0.12 estimate, with sales of $65.03M exceeding the $64.13M forecast. However, this reflects a 23.53% decrease in earnings and a 12.22% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:01 am

HLT

Hilton Worldwide Holdings Inc. (HLT) reported Q4 adjusted EPS of $1.68, surpassing the $1.57 estimate, marking a 5.66% increase from last year. However, their sales of $2.61B slightly missed the $2.61B estimate, though it's a 6.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:01 am

CMRE

Costamare (NYSE:CMRE) reported Q4 adjusted EPS of $0.68, surpassing the $0.63 estimate, and sales of $494.85M, exceeding the $367.21M estimate. This represents an 11.48% increase in EPS and an 86.43% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:00 am

SPOT

DZ Bank analyst Markus Leistner upgrades Spotify Technology (NYSE:SPOT) from Sell to Hold and sets a new price target of $240.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:48 am