Latest news for Spark Energy Minerals (OTC:MTEHF) Stock

Spark Energy Minerals Inc is in the business of acquisition, exploration and evaluation of a mineral properties in Ontario, Quebec, and Brazil. Its projects include, Minas Gerais and Bahia Lithium Project, Goas Rare Earth Elements Project, Lithium Valley Lithium Project and Nova Energia Lithium Project.

SPARK ENERGY MINERALS INC by Spark Energy Minerals Inc.

Spark Energy Minerals Inc

The company is&nbsp;maintaining Adjusted Free Cash Flow&nbsp;guidance&nbsp;range of&nbsp;$20 million&nbsp;-&nbsp;$25 million&nbsp;for the full year.

News

Guidance

Drilling Tools Cuts FY24 Revenue Guidance From $170M - $185M To $155M - $170M, Est $174.294M

B of A Securities analyst Julien Dumoulin-Smith downgrades American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) from Neutral to Underperform and raises the price target from $96 to $97.

Downgrades

Price Target

Analyst Ratings

B of A Securities Downgrades American Electric Power to Underperform, Raises Price Target to $97

INGR

Ingredion Sees FY24 Adj. EPS $9.70-$10.20

&nbsp;Jonathan Gear, Chief Executive Officer, will step down as CEO and as a member of the Board at that time, and will transition into a non-executive role until&nbsp;November 1, 2024.

Management

CLVT

Clarivate Appoints Matti Shem Tov As Its Next CEO, Effective August 9, 2024;  Jonathan Gear To Step Down As CEO And Member Of Board

Earnings

NSPR

InspireMD Q2 2024 GAAP EPS $(0.22) Misses $(0.20) Estimate, Sales $1.739M Miss $1.740M Estimate

AVNT

Avient Corporation Raised FY24 Adjusted EPS To $2.55-$2.70 (From $2.50-$2.65) Vs. $2.61 Estimate

Needham analyst Gil Blum reiterates Rocket Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCKT#NASDAQ">RCKT</a>) with a Buy and maintains $52 price target.

Reiteration

RCKT

Needham Reiterates Buy on Rocket Pharmaceuticals, Maintains $52 Price Target

WIIM

LCID

Lucid Group shares are trading higher after the company reported better-than-expected Q2 sales and announced a $1.5 billion commitment from the Public Investment Fund.

Financial&nbsp;Outlook
The Company is updating its full year 2024&nbsp;guidance&nbsp;to reflect the strategic announcements described above, including the classification of our Digital Banking business as a discontinued operation beginning in the&nbsp;third quarter&nbsp;of fiscal 2024 as a result of the planned divestiture, which results in the removal of Digital Banking results from our&nbsp;outlook&nbsp;and results of operations for the full year and all prior periods, as follows:
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Full Year
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Software Revenue
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$1,000M&nbsp;&ndash;&nbsp;$1,020M
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Services Revenue
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$1,040M&nbsp;&ndash;&nbsp;$1,060M
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Hardware Revenue
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$765M&nbsp;&ndash;&nbsp;$780M
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Total Revenue
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$2,805M&nbsp;&ndash;&nbsp;$2,860M
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Adj. EBITDA (cont. ops.)
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$355M&nbsp;&ndash;&nbsp;$375M
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Adj. EBITDA (%)
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12.6%&nbsp;&ndash;&nbsp;13.1%
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NCR Voyix Cuts FY24 Guidance, Total Revenue $2.805B–$2.860B (Prior $3.60B-$3.70B), Est $3.63B

Teradata shares are trading lower after the company reported mixed Q2 results, with better-than-expected adjusted EPS but a miss on sales. Additionally, Teradata announced a restructuring plan that will reduce its global workforce by approximately 9% to 10%. JMP Securities downgraded the stock from Market Outperform to Market Perform.

Drilling Tools International shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS and sales.

&quot;We continue to expect our full year 2024 financial results to be in the range of our existing&nbsp;outlook,&quot; said&nbsp;Jonathan Collins, Executive Vice President and Chief Financial Officer. &quot;With our strong cash flow, we plan to take a more balanced approach to capital allocation during the second half of 2024.&quot;

Clarivate Reaffirms FY24 Outlook For Revenues Of $2.57B - $2.67B (Est $2.61B), Adjusted EPS $0.70 - $0.80 (Est $0.74)

ATKR

Atkore shares are trading lower after the company reported worse-than-expected Q3 adjusted EPS and sales and lowered its guidance.

Avient Corporation Sees Q3 Adjusted EPS Of $0.62 Vs. $0.60 Estimate

CRWD

CrowdStrike Holdings shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight despite cutting its price target from $310 to $290.

Needham analyst Gil Blum maintains CRISPR Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>) with a Buy and lowers the price target from $88 to $84.

CRSP

Needham Maintains Buy on CRISPR Therapeutics, Lowers Price Target to $84

GOLF

Acushnet Reaffirms FY24 Consolidated Net Sales Outlook $2.45B-$2.5B

Acushnet Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLF#NYSE">GOLF</a>) reported quarterly earnings of $1.11 per share which missed the analyst consensus estimate of $1.21 by 8.26 percent. The company reported quarterly sales of $683.900 million which missed the analyst consensus estimate of $709.829 million by 3.65 percent. This is a 0.79 percent decrease over sales of $689.363 million the same period last year.

Earnings Misses

Acushnet Hldgs Q2 2024 GAAP EPS $1.11 Misses $1.21 Estimate, Sales $683.9M Miss $709.829M Estimate

NCR Voyix Q2 Adj EPS $0.09 Misses $0.17 Estimate, Sales $876.00M Miss $886.60M Estimate

TOUR

Tuniu Expects To Generate Q3 Revenues Of RMB183.5M-RMB192.4M, Which Represents A 3%-8% Increase YoY

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Spark Energy Minerals

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Latest news for Spark Energy Minerals (OTC:MTEHF) Stock

Tuesday, March 24, 2020