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OPRA

Opera (NASDAQ:OPRA) reported Q1 earnings of $0.17 per share, missing the consensus estimate of $0.24. However, their quarterly sales of $101.87M exceeded the estimate of $100.13M, marking a 17.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:02 am

AOS

A.O. Smith has reaffirmed its fiscal year 2024 net sales forecast to be between $3.97 billion and $4.05 billion, compared to the estimated $4.015 billion. The company also maintained its adjusted earnings per share (EPS) guidance in the range of $3.90 to $4.15, versus the estimated $4.08.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:59 am

GTX

Garrett Motion (GTX) reported Q1 2024 earnings of $0.28 per share, surpassing the $0.25 estimate, but sales of $915M fell short of the $954.5M forecast, marking a 5.67% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:59 am

BHP

Global markets showed mixed responses with Asia markets mixed, Europe dipping, and US markets closing mixed influenced by Treasury yields, tech earnings, and economic data. Copper prices rose following BHP's buyout offer to Anglo American, affecting the stock prices of both companies. Economic indicators such as U.S. mortgage applications, orders for durable goods, and crude oil inventories also influenced market movements.

Portfolio Pulse from Akanksha Bakshi

April 25, 2024 | 10:57 am

ADT

ADT reported Q1 2024 adjusted EPS of $0.16, surpassing the $0.12 estimate, and sales of $1.209B, exceeding the $1.192B estimate. This represents a 45.45% increase in EPS and a 25% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:57 am

HROW

NTIC

RXO

Recent insider purchases in NTIC, HROW, and RXO signal confidence in these companies. NTIC's director bought shares after strong Q2 EPS results. HROW saw purchases by Opaleye Management following a Buy rating from Craig-Hallum with a $24 target. RXO's insider buy comes ahead of its Q1 financial results announcement.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 10:57 am

AOS

A.O. Smith (AOS) reported Q1 2024 adjusted EPS of $1.00, surpassing the $0.98 estimate, but its sales of $978.8M fell short of the expected $995.973M. This represents a 1.28% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:57 am

RS

Reliance (RS) forecasts Q2 adjusted EPS of $4.70-$4.90, below the $5.35 estimate, citing a better than normal seasonal demand recovery despite macroeconomic and geopolitical concerns. The company expects a 2.5%-4.5% increase in tons sold, with 2% growth from recent acquisitions. However, it anticipates a 1%-3% decrease in average selling price per ton and short term gross profit margin pressure due to higher cost inventory.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:55 am

BFH

Bread Finl Hldgs (NYSE:BFH) reported Q1 2024 earnings of $2.70 per share, missing the $3.21 estimate, and sales of $991M, below the $996.988M estimate. This represents a 23.12% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:53 am

NOC

Northrop Grumman has reaffirmed its fiscal year 2024 outlook, projecting adjusted earnings per share (EPS) in the range of $24.45 to $24.85, compared to the consensus estimate of $24.65. The company also expects sales to be between $40.800 billion and $41.200 billion, slightly below the consensus estimate of $41.11 billion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:53 am