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    Apr 23, 2024
    • PepsiCo decreased 0.3% to $175.90 after the beverage and food maker reported mixed quarterly results. 

      Revenue in the first quarter increased 2% to $18.3 billion from $17.8 billion, net income rose to $2.0 billion from $1.94 billion, and diluted earnings per share advanced to $148 from $1.40 a year ago. 

      The company reiterated its full-year 2024 organic revenue growth of 4% and at least an 8% rise in core constant currency earnings per share. 

      The company also projected total cash returns to shareholders of $8.2 billion, consisting of $7.2 billion in dividends and a stock repurchase of $1.0 billion. 
      • JetBlue dropped 10.5% to $6.75 after the regional airline reported a wider loss in the first quarter. 

        Revenue in the quarter declined 5.1% to $2.2 billion from $2.3 billion, net loss expanded to $716 million from $192 million, and diluted loss per share increased to $2.11 from 58 cents a year ago, respectively. 

        The company estimated second-quarter revenue to fall between 6.5% and 10.5% and capital expenditures of $550 million. 
        • General Motors increased 4.9% to $45.35 after the vehicle maker reported sharply higher revenue and earnings in the first quarter. 

          Revenue increased 7.6% to $43.3 billion from $39.0 billion, net income attributable to shareholders rose 24.4% to $2.98 billion to $2.35 billion, and diluted earnings per share advanced to $2.56 from $1.69 a year ago. 

          The vehicle maker updated its full-year 2024 earnings outlook to a new range between $10.1 billion and $11.5 billion from the previous estimated range between $9.8 billion and $11.2 billion. 
          • UPS increased 1.6% to $147.30 after the parcel delivery company reported better-than-expected quarterly earnings. 

            Revenue in the first quarter declined 5.3% to $21.7 billion from $22.9 billion, net income plunged 41.3% to $1.1 billion from $1.9 billion, and diluted earnings per share dropped to $1.30 from $2.19 a year ago. 

            The company reiterated its 2024 outlook and said consolidated revenue would range from approximately $92.0 billion to $94.5 billion and consolidated operating margin would fall between 10.0% and 10.6%. 
            • Apr 19, 2024
            • Intuitive Surgical rose 3.3% to $385.0 after the robotic surgical equipment maker reported better-than-expected quarterly results. 

              Revenue in the first quarter increased 11% to $1.89 billion from $1.70 billion, net income rose to $547.4 million from $360.8 million, and diluted earnings per share advanced to $1.51 from $1.01 a year ago. 

              The company placed 313 da Vinci surgical systems, compared with 312 in the first quarter of 2023, and increased its installed base by 14% to 8,887 systems from 7,779 at the end of the first quarter of 2023. 
              • KB Home increased 1% to $61.04 after the home builder said its board of directors announced a new $1 billion stock repurchase plan. 

                The new plan replaces the previous authorization with the remaining $113.6 million. 

                The company intends to continue its share repurchases in 2024 in a projected range of between $200 million and $400 million for the full year, including $50 million of share repurchases completed during the company’s 2024 first quarter.

                The home builder's board of directors raised quarterly cash dividend by 25% to 25 cent per share payable on May 23 to shareholders on May 9. 

                The company declared first quarter results on March 20 and said it repurchased $50 million of its stock in the period. 

                In the first quarter ending in March, revenue increased 6% to $1.47 billion from $1.38 billion, net income rose to $138.6 million from $125.5 million, and diluted earnings per share rose to $1.76 from $1.45 a year ago. 
                • Netflix declined 5.7% to $571.95 after the online streaming service provider reported better-than-expected quarterly results and added it will stop publishing paid subscriber counts starting in 2025. 

                  Revenue in the first quarter increased to $9.37 billion from $8.16 billion, net income rose to $2.13 billion from $1.30 billion, and diluted earnings per share advanced to $5.28 from $2.88 a year ago. 
                  • Apr 18, 2024
                  • D.R. Horton increased 5.2% to $153.31 after the homebuilder reported better-than-expected results in the fiscal second quarter. 

                    Revenue in the March quarter increased 14% to $9.1 billion from $7.9 billion, net income rose to $1.2 billion from $941 million, and diluted earnings per share advanced to $3.52 from $2.73 a year ago.  
                    • Blackstone decreased 1.8% to $121.0 after the alternative asset manager reported better-than-expected quarterly results. 

                      The company also lowered its cash dividend to 83 cents per share, payable on May 6 to shareholders on record on April 29. 

                      Total revenue increased to $3.7 billion from $1.4 billion, net income soared to $1.7 billion from $210 million, and diluted earnings per share advanced to $1.11 from 11 cents a year ago. 

                      The company repurchased 0.7 million common shares in the quarter and 3.4 million common shares over the last twelve months. 

                      Total assets under management rose to $1.06 trillion from $991 billion a year ago. 
                      • Equifax declined 9.6% to $214.04 after the credit score company's second quarter outlook fell short of market expectations. 

                        Revenue in the first quarter increased 7% to $1.4 billion from $1.3 billion, net income to $124.9 million from $112.4 million, and diluted earnings per share advanced to $1.01 from 92 cents a year ago. 

                        The company projected revenue in the second quarter to range between $1.41 billion and $1.43 billion and diluted earnings per share between $1.65 and $1.75.