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DHR

RGEN

Repligen shares are trading higher, buoyed by the positive momentum in the life sciences sector, which was sparked by strong earnings reported by Danaher.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:54 pm

NEP

NextEra Energy Partners (NEP) shares are trading higher following the release of their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:52 pm

OPCH

Option Care Health's stock is trading higher following the announcement of a Q1 earnings beat and an upward revision of the lower end of its 2024 guidance range.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:52 pm

KMB

Kimberly-Clark Corporation (NYSE:KMB) shares rose 5% in premarket trading after reporting Q1 results that exceeded analyst expectations. Adjusted EPS was $2.01, surpassing the consensus of $1.63, with revenues of $5.149 billion beating estimates of $5.085 billion. Organic sales grew by 6%, and gross margin improved by 390 basis points due to productivity gains and pricing actions, particularly in hyperinflationary economies like Argentina. Despite a 12 percentage point impact from currency translation, adjusted operating profit increased by 14%. The company also updated its outlook, expecting mid-single digit organic net sales growth and a low-teens percentage rate growth in adjusted EPS on a constant-currency basis.

Portfolio Pulse from Nabaparna Bhattacharya

April 23, 2024 | 12:50 pm

AAPL

BofA Securities analyst Wamsi Mohan has reiterated a Buy rating for Apple Inc. (AAPL) with a price objective of $225, citing four key catalysts: capital return re-upping, Gen AI announcements, iPhone 16 launch, and gross profit growth re-acceleration. Mohan highlights a strong iPhone upgrade cycle in FY 2025, driven by Gen AI demand, and anticipates robust Services revenue growth and higher margins from internal silicon use. A new buyback authorization is expected in the F2Q earnings call. Apple's stock was trading at $167.13 at the time of publication.

Portfolio Pulse from Surbhi Jain

April 23, 2024 | 12:49 pm

GM

GM's CFO announced during a conference call that the company anticipates returning to profitability in China in the second quarter. This news reflects a positive outlook for GM's operations in the region.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:48 pm

A

DHR

Agilent Technologies, Inc. (A) shares are trading higher, potentially in response to Danaher Corporation's (DHR) better-than-expected Q1 financial results. This movement suggests that investors may be optimistic about Agilent's prospects, given the positive performance of a similar company in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:48 pm

CRL

DHR

Charles River shares are trading higher, potentially in response to Danaher's better-than-expected Q1 financial results, suggesting a sympathetic market movement.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:47 pm

PKG

Packaging Corporation of America's shares declined following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:46 pm

DGX

Quest Diagnostics shares surged following a Q1 earnings beat and an upward revision of its 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:45 pm