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Logistics Company Expeditors Navigates Q1 Revenue Drop And Operational Challenges: Details

By Akanksha Bakshi
May 7, 11:26 AM
EXPD reports 15% decline in Q1 2024 revenue, but beats EPS consensus with $1.17. Air and ocean volume up, but ocean market remains muted.

EXPD

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What’s Happening With EV Charging Provider EVgo Shares Today?

By Shivani Kumaresan
May 7, 11:15 AM
EVgo reported Q1 FY24 earnings, surpassing estimates with a 118.2% Y/Y sales growth to $55.2 million. The uptick in revenue, fueled by charging and eXtend services, reflects the company's accelerating network throughput, hitting 53 GWh, a 194% Y/Y increase.

EVGO

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Gray Television Projects Higher Political Ad Revenues Amid Election Year – Read Why

By Nabaparna Bhattacharya
May 7, 11:04 AM
Gray Television anticipates increased political revenues for Q2 2024, supported by strong core advertising and demand for local content.

GTN

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Duke Energy Powers Up: Beats On Q1 Earnings & Revenue, Reaffirms FY24 Outlook

By Lekha Gupta
May 7, 10:53 AM
Duke Energy reported Q1 FY24 adjusted EPS of $1.44, beating consensus of $1.38. Revenues also exceeded consensus at $7.67 billion. FY24 outlook reaffirmed, with long-term EPS growth of 5%-7%.

DUK

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Jacobs Solutions Hits Some Bumps Despite Q2 Beat, Narrows Outlook

By Lekha Gupta
May 7, 10:46 AM
Jacobs Solutions reported Q2 FY24 results with revenue up 4.7% Y/Y, beating consensus. They also narrowed their outlook for adjusted EBITDA and EPS. Stock trading lower.

AHOY

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Emirates CEO Tells Boeing To ‘Get Your Act Together’ As David Calhoun Set To Step Down Amid Safety Crisis And Delivery Delays

By Benzinga Neuro
May 7, 10:35 AM
Emirates, which has 245 passenger planes and five 778 freighters on order, is Boeing's largest customer for widebody jets.

BA

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Spirit AeroSystems Encounters Headwinds In Q1 As Boeing 737 Issues Take Toll

By Akanksha Bakshi
May 7, 10:34 AM
SPIRIT Q1 2024 RESULTS: Revenue up 19%, deliveries down, backlog at $49B. Adjusted EPS $(3.93), operating loss $527.6M. Boeing delays impact cash flow.

BA

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Why Rockwell Automation Shares Are Falling Tuesday

By Lekha Gupta
May 7, 9:51 AM
Rockwell Automation reported lower Q2 FY24 results and cut its FY24 outlook. Sales fell 6.6% Y/Y, but total ARR grew 20% Y/Y. Adjusted EPS beat estimates at $2.50. Company is searching for new CFO.

GAST

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Crocs Stock Surges Despite HEYDUDE’s Bumpy Ride – Details Here

By Nabaparna Bhattacharya
May 7, 9:35 AM
Crocs reduces revenue expectations for HEYDUDE brand in FY24 after first-quarter results reveal a decline in segment revenues.

CROX

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Nvidia Is ‘De Facto AI Standard For The Foreseeable Future’: Goldman Sachs Analyst Revises Share Price Expectations

By Piero Cingari
May 7, 9:27 AM
Goldman Sachs raises Nvidia price target to $1,100 ahead of its earnings report, citing strong AI server demand and improved supply chain.

AMD

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