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CQP

Cheniere Energy Partners (AMEX:CQP) reported Q1 earnings of $1.18 per share, surpassing the $0.94 estimate, with sales of $2.29B also beating the $2.20B estimate. However, this represents a 66.29% decrease in earnings and a 21.32% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:50 am

IESC

IES Holdings (NASDAQ:IESC) reported a significant increase in Q2 earnings and sales YoY, with earnings per share rising 114.02% to $2.29 from $1.07, and sales increasing 24.06% to $705.80M from $568.90M.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:47 am

FSRN

Fisker Inc (OTCPK: FSRN), facing bankruptcy fears, is expanding its U.S. presence with six new dealership locations in California, Missouri, Guam, and Pennsylvania. Despite financial struggles, including being delisted from the NYSE and warning of potential bankruptcy, Fisker continues to grow its dealer network, now totaling twelve locations. The expansion highlights California as a key market for Fisker, amidst efforts to preserve and raise capital.

Portfolio Pulse from Anan Ashraf

May 03, 2024 | 11:44 am

AAPL

Tesla investor Ross Gerber predicts a new upgrade cycle for Apple Inc. (AAPL) following the announcement of AI features for iPhones, expected to be detailed at the WWDC in June. Despite a lack of specifics from CEO Tim Cook, the anticipation of AI integration has sparked interest. Apple's recent struggles with iPhone sales, dropping 16% in early 2024, could be mitigated by these developments. Additionally, Apple's acquisition of DarwinAI and the upcoming 'Project Graymatter' indicate a strong push into AI. Apple's stock rose 6.06% in premarket trading after the news.

Portfolio Pulse from Rounak Jain

May 03, 2024 | 11:42 am

USM

United States Cellular (NYSE:USM) reported Q1 earnings of $0.20 per share, missing the consensus estimate of $0.27, and sales of $950M, below the expected $957.81M. This represents a 33.33% increase in earnings but a 3.65% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:41 am

RNA

Avidity Biosciences shares surged following B of A Securities' initiation of coverage with a Buy rating and a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:38 am

OTEX

Open Text shares dropped following a downgrade by BMO Capital from Outperform to Market Perform, with a price target reduction from $50 to $38.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:36 am

FUBO

FuboTV shares are trading higher after the company reported better-than-expected earnings for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:35 am

PAGP

Plains GP Holdings (NASDAQ:PAGP) reported Q1 2024 earnings of $0.21 per share, missing the $0.34 estimate, a 40% decrease from last year. Sales were $11.995B, missing the $12.791B estimate, a 2.8% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:33 am

LNG

Cheniere Energy (AMEX:LNG) reported Q1 2024 earnings of $2.13 per share, missing the $2.16 estimate, a 90.36% decrease from last year. Sales were $4.253B, beating the $3.970B estimate but marking a 41.82% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:33 am