Latest News for Fidelity Magellan ETF (BATS:FMAG)

Fidelity Magellan ETF

News

Guidance

Newmont Sees FY24 Attributable Gold Production Of 6,930Koz

LiveWire Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NYSE">LVWR</a>) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.14) by 14.29 percent. This is a 20 percent decrease over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $4.98 million which missed the analyst consensus estimate of $13.51 million by 63.15 percent. This is a 35.87 percent decrease over sales of $7.76 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

LVWR

LiveWire Gr Q1 EPS $(0.12) Beats $(0.14) Estimate, Sales $4.98M Miss $13.51M Estimate

Keurig Dr Pepper Reaffirmed FY24 Guidance For Constant Currency Net Sales Growth In Mid-Single-Digit Range And Adjusted Diluted EPS Growth In High-Single-Digit Range

Garrett Motion Reiterates 2024 Outlook With Net Sales Of $3.80B-$3.95B; Est $3.899B

Ardagh Metal Packaging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBP#NYSE">AMBP</a>) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of undefined by Infinity percent. This is unchanged from the same period last year. The company reported quarterly sales of $1.141 billion which missed the analyst consensus estimate of $1.149 billion by 0.72 percent. This is a 0.88 percent increase over sales of $1.131 billion the same period last year.

AMBP

Ardagh Metal Packaging Q1 2024 Adj EPS $0.01 Beats undefined Estimate, Sales $1.141B Miss $1.149B Estimate

Approximately&nbsp;$190 million&nbsp;to&nbsp;$240 million&nbsp;is associated with marine maintenance capital and improvements to existing inland and coastal marine equipment, including the remaining ballast water treatment systems on some coastal vessels, and facility improvements. Approximately&nbsp;$90 million&nbsp;is associated with growth capital spending in both our businesses.

Kirby Corporation Expects To Generate Net Cash Provided From Operating Activities Of $600M-$700M In 2024; Capital Spending Is Expected To Range Between $290M-$330M

Biotech

Large Cap

Health Care

General

Bristol Myers Squibb Says It Is Executing Strategic Productivity Initiative To Deliver ~$1.5B In Cost Savings, The Majority Of Which Will Be Reinvested To Fund Innovation And Drive Growth

&quot;We are pleased with our first quarter results, which reflect improvement in adjusted EBITDA and adjusted EPS, driven by disciplined execution across our key priorities,&quot; said Cindy J. Miller, President and Chief Executive Officer. &quot;We remain on track to achieve our full-year 2024 guidance and long-term outlook.&quot;

SRCL

Stericycle CEO Says "We remain on track to achieve our full-year 2024 guidance and long-term outlook."

Baird analyst David Manthey maintains Watsco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>) with a Outperform and raises the price target from $420 to $460.

Price Target

Analyst Ratings

Baird Maintains Outperform on Watsco, Raises Price Target to $460

NDAQ

Nasdaq Sees FY24 Non-GAAP Operating Expense $2.125B-$2.185B

Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.36 by 52.78 percent. The company reported quarterly sales of $4.023 billion which beat the analyst consensus estimate of $3.670 billion by 9.62 percent. This is a 50.17 percent increase over sales of $2.679 billion the same period last year.

Newmont Q1 2024 Adj EPS $0.55 Beats $0.36 Estimate, Sales $4.023B Beat $3.670B Estimate

Expro Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPRO#NYSE">XPRO</a>) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.12 by 25 percent. This is a 800 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $383.489 million which beat the analyst consensus estimate of $369.621 million by 3.75 percent. This is a 13.03 percent increase over sales of $339.279 million the same period last year.

XPRO

Expro Gr Hldgs Q1 2024 Adj EPS $0.09 Misses $0.12 Estimate, Sales $383.489M Beat $369.621M Estimate

Bristol-Myers Squibb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) reported quarterly losses of $(4.40) per share which beat the analyst consensus estimate of $(4.44) by 0.9 percent. This is a 314.63 percent decrease over earnings of $2.05 per share from the same period last year. The company reported quarterly sales of $11.865 billion which beat the analyst consensus estimate of $11.458 billion by 3.56 percent. This is a 4.66 percent increase over sales of $11.337 billion the same period last year.

Bristol-Myers Squibb Q1 2024 Adj EPS $(4.40) Beats $(4.44) Estimate, Sales $11.865B Beat $11.458B Estimate

Stericycle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCL#NASDAQ">SRCL</a>) reported quarterly earnings of $0.57 per share which met the analyst consensus estimate. This is a 16.33 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $664.900 million which missed the analyst consensus estimate of $679.277 million by 2.12 percent. This is a 2.84 percent decrease over sales of $684.300 million the same period last year.

Stericycle Q2 2024 GAAP EPS $0.57, Inline, Sales $664.900M Miss $679.277M Estimate

HC Wainwright &amp; Co. analyst Douglas Tsao maintains Evotec (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NASDAQ">EVO</a>) with a Buy and lowers the price target from $14 to $11.

HC Wainwright & Co. Maintains Buy on Evotec, Lowers Price Target to $11

Baird analyst Michael Halloran maintains Veralto (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTO#NYSE">VLTO</a>) with a Neutral and raises the price target from $90 to $98.

VLTO

Baird Maintains Neutral on Veralto, Raises Price Target to $98

Altisource Portfolio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPS#NASDAQ">ASPS</a>) reported quarterly losses of $(0.20) per share which beat the analyst consensus estimate of $(0.39) by 48.72 percent. The company reported quarterly sales of $36.891 million which beat the analyst consensus estimate of $34.977 million by 5.47 percent. This is a 0.49 percent decrease over sales of $37.071 million the same period last year.

ASPS

Altisource Portfolio Q1 2024 Adj EPS $(0.20) Beats $(0.39) Estimate, Sales $36.891M Beat $34.977M Estimate

&quot;Looking ahead, we are sharply focused on driving continuous improvement in execution across our entire operating platform in support of ongoing, robust, value-generating capital returns for our stockholders,&quot; aid&nbsp;Paul A. Lang, Arch&#39;s CEO.

ARCH

Arch Resources Expects Baltimore Port Closure Likely To Constrain Q2 Coking Coal Shipments

Kirby (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEX#NYSE">KEX</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $0.98 by 21.43 percent. This is a 75 percent increase over earnings of $0.68 per share from the same period last year. The company reported quarterly sales of $808.02 million which beat the analyst consensus estimate of $784.57 million by 2.99 percent. This is a 7.67 percent increase over sales of $750.44 million the same period last year.

Kirby Q1 EPS $1.19 Beats $0.98 Estimate, Sales $808.02M Beat $784.57M Estimate

DTE Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>) reported quarterly earnings of $1.67 per share which missed the analyst consensus estimate of $1.73 by 3.47 percent.

DTE Energy Q1 2024 Adj. EPS $1.67 Misses $1.73 Estimate

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