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SKYW

TD Cowen analyst Helane Becker has upgraded SkyWest (NASDAQ:SKYW) from Market Perform to Outperform and increased the price target from $55 to $68.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:32 am

IDXX

IDEXX Laboratories (NASDAQ:IDXX) reported Q4 adjusted earnings of $2.34 per share, surpassing the $2.12 estimate, and sales of $901.60M, exceeding the $891.25M estimate. This represents a 17% increase in earnings and an 8.81% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:32 am

GHM

Graham (NYSE:GHM) reported Q3 adjusted EPS of $0.22, surpassing the $(0.03) estimate, with a 833.33% beat. Year-over-year, earnings increased by 175% from $0.08 per share. Quarterly sales reached $43.82M, exceeding the $38.94M estimate by 12.53%, and marking a 9.89% increase from $39.87M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:31 am

CAT

Caterpillar Inc. (CAT) reported Q4 adjusted earnings per share (EPS) of $5.23, surpassing the analyst consensus estimate of $4.75 by 10.11%. This represents a 35.49% increase over the same period last year. However, Q4 sales of $17.07 billion slightly missed the consensus estimate of $17.11 billion by 0.23%, though it's a 2.85% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:31 am

YNDX

Yandex N.V. (NASDAQ:YNDX), a Dutch holding company, has agreed to sell its Russian and certain international businesses for approximately $5.21 billion. The sale, which is subject to a mandatory 50% discount as per Russian government regulations for foreign asset sales, includes the company's cash balance and Class A shares. The divestiture is expected to close in two phases in 2024, with Yandex planning to focus on four international business lines post-sale. This move comes after Yandex received a delisting notice from Nasdaq last year.

Portfolio Pulse from Lekha Gupta

February 05, 2024 | 11:14 am

CURO

CURO Group Holdings reported Q4 losses of $(1.05) per share, missing the $(0.58) estimate by 81.03%, and sales of $168.18M, missing the $172.83M estimate by 2.69%. This represents a 70.17% decrease in losses and a 7.56% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:08 am

APD

Air Products has revised its FY24 adjusted EPS outlook downwards to $12.20-$12.50 from the previous range of $12.80-$13.10, falling below the consensus estimate of $12.97. Additionally, the company provided its Q2 FY24 adjusted EPS guidance of $2.60-$2.75, which is also below the consensus estimate of $3.16.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:05 am

CTLT

Novo Holdings is set to acquire Catalent, Inc. (NYSE:CTLT) for $63.50 per share, valuing the company at $16.5 billion. This all-cash transaction marks a significant move in the development and supply sector for patient treatments.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:02 am

APD

Air Products & Chemicals (APD) reported Q1 adjusted EPS of $2.82, missing the $3.00 estimate, and sales of $3.00B, below the $3.19B estimate. This represents a 6.82% increase in EPS and a 5.61% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 11:02 am

TJX

Redburn Atlantic analyst Daniela Nedialkova downgraded TJX Companies (NYSE:TJX) from Buy to Neutral and set a price target of $100.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 10:58 am