PRYCE CORP by Pryce Corp. Stock (OTC: PYCEF)

Latest news for PRYCE CORP by Pryce Corp. (OTC:PYCEF) Stock

PRYCE CORP by Pryce Corp.

Enterprise Finl Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSC#NASDAQ">EFSC</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.06 by 14.15 percent. This is a 6.2 percent decrease over earnings of $1.29 per share from the same period last year. The company reported quarterly sales of $156.023 million which beat the analyst consensus estimate of $154.504 million by 0.98 percent. This is a 0.67 percent increase over sales of $154.982 million the same period last year.

Earnings

Earnings Beats

News

EFSC

Enterprise Finl Servs Q2 2024 Adj EPS $1.21 Beats $1.06 Estimate, Sales $156.023M Beat $154.504M Estimate

ZION

Zions Bancorp Q2 2024 GAAP EPS $1.28 Beats $1.09 Estimate

SAP Current Cloud Backlog Grew By 28% To €14.81 Billion And Again Was Up 28% At Constant Currencies For Q2

WIIM

NXPI

NXP Semiconductors shares are trading lower following mixed Q2 earnings.

Guidance

AGYS

Agilysys Sees FY 2025 Revenue $275M - $280M Vs. $276.63M Est.

Cleveland-Cliffs Sees FY24 CapEx $650M-$700M

Financial Outlook 2024
SAP's financial outlook 2024 is based on SAP's updated non-IFRS definition of profit measures which, beginning in 2024, include share-based compensation expenses and exclude gains and losses from equity securities, net. For more details, please refer to the Reporting Framework section on our Investor Relations website: <a href="https://www.sap.com/investors/en/reports/reporting-framework.html">https://www.sap.com/investors/en/reports/reporting-framework.html</a>.
SAP continues to expect:
<ul>
<li>€17.0 – 17.3 billion cloud revenue at constant currencies (2023: €13.66 billion), up 24% to 27% at constant currencies.</li>
<li>€29.0 – 29.5 billion cloud and software revenue at constant currencies (2023: €26.92 billion), up 8% to 10% at constant currencies.</li>
<li>€7.6 – 7.9 billion non-IFRS operating profit at constant currencies (2023: €6.51 billion), up 17% to 21% at constant currencies.</li>
<li>Free cash flow of approximately €3.5 billion (2023: €5.09 billion).</li>
<li>An effective tax rate (non-IFRS) of approximately 32% (2023: 30.3%)2.</li>
</ul>
While SAP's 2024 financial outlook is at constant currencies, actual currency reported figures are expected to be impacted by currency exchange rate fluctuations as the company progresses through the year, as reflected in the table below.
Currency Impact Assuming June 30, 2024 Rates Apply for 2024
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">In percentage points</td>
<td colspan="1" rowspan="1">Q3 2024</td>
<td colspan="1" rowspan="1">FY 2024</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cloud revenue growth</td>
<td colspan="1" rowspan="1">+0.5pp</td>
<td colspan="1" rowspan="1">–0.5pp</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Cloud and software revenue growth</td>
<td colspan="1" rowspan="1">+0.5pp</td>
<td colspan="1" rowspan="1">–0.5pp</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Operating profit growth (non-IFRS)</td>
<td colspan="1" rowspan="1">+0.0pp</td>
<td colspan="1" rowspan="1">–1.5pp</td>
</tr>
</tbody>
</table>
</figure>
Non-Financial Outlook 2024
SAP now expects the Employee Engagement Index to be in a range of 70% to 74% in 2024 (previously: 76% to 80%).
In 2024, SAP continues to expect:&nbsp;
<ul>
<li>A Customer Net Promoter Score of 9 to 13.</li>
<li>To steadily decrease carbon emissions across the relevant value chain, in line with our target of achieving Net Zero carbon emissions by 2030.</li>
<li>To steadily increase the number of women in executive roles in line with our end of year 2027 target to achieve 25%.</li>
</ul>
Ambition 2025
SAP is updating its financial ambition 2025, reflecting the anticipated incremental benefits from the transformation program.
By 2025, SAP now expects:
<ul>
<li>Non-IFRS operating profit of approximately €10.2 billion (previously: approximately €10 billion).</li>
</ul>
SAP continues to expect:
<ul>
<li>Cloud revenue of more than €21.5 billion.</li>
<li>Total revenue of more than €37.5 billion.</li>
<li>Non-IFRS cloud gross profit of approximately €16.2 billion.</li>
<li>Free cash flow of approximately €8.0 billion (now including an anticipated mid-triple-digit million Euro restructuring payout in 2025 associated with the 2024 transformation program).</li>
<li>A share of more predictable revenue of approximately 86%.</li>
</ul>
The 2025 financial ambition is based on an exchange rate of 1.10 USD per EUR.
Non-Financial Ambition 2025
For 2025, SAP now aims to increase the Employee Engagement Index (previously: Steadily increasing the Employee Engagement Index).
SAP continues to aim for
<ul>
<li>Steadily increasing the Customer Net Promoter Score.</li>
</ul>
The 2025 non-financial ambitions are in addition to our medium-term targets of achieving Net Zero carbon emissions across the value chain by 2030 and reaching 25% women in executive roles by the end of 2027.

SAP Reiterates 2024 Financial Outlook; Sees FY24 €17 Billion – 17.3 Billion Cloud Revenue, Sees €7.6 Billion – 7.9 Billion Non-IFRS Operating Profit, Sees FY24 €29 Billion - €29.5 Billion Cloud And Software Revenue At Constant Currencies;  Sees FY25 Non-IFRS Operating Profit Of ~€10.2 Billion, Sees FY25 Cloud Revenue Of More Than €21.5 Billion

Prominent crypto trader Smiley Capital shared his meme coin portfolio, which he believes they will <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">yield significant returns</a>.
What Happened: Smiley Capital disclosed his memetic portfolio which includes Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>), MUMU, DOG THE NFT, POPCAT and MOG. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">LONG AWAITED SMILEYLARPITAL MEMETIC PORTFOLIO REVEAL Yes, I know I&#39;m 2 months late. If my assistants can&#39;t do it, I&#39;m likely going to be late to everything. Sue me. So, without making this into a super-long post, lets get straight to it; I&#39;ve been focusing on accumulating only… <a href="https://t.co/pBBvr0Te2d">https://t.co/pBBvr0Te2d</a>
&mdash; &#x1f642; (@smileycapital) <a href="https://twitter.com/smileycapital/status/1815391577339990417?ref_src=twsrc%5Etfw">July 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
PEPE is &#8220;the most famous bag&#8221; and the trader&#8217;s largest holding, which he has been accumulating at a valuation between $400 to $500 million. He terms it the "Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) of this cycle" and the blue-chip meme coin of the cycle, targeting a market capitalization of $50 to $100 billion thanks to PEPE being &#8220;the best Ethereum and Trump beta with a low unit bias.&#8221;
Mumu The Bull (CRYPTO: MUMU), similar to PEPE, is a meme used since 2018 in financial markets, including crypto, according to the trader He terms it the "leading bull memetic token, on the most famous online casino named Solana." His target sits at $5 to $10 billion for MUMU.
DOG THE NFT (CRYPTO: DOG), according to Smiley Capital, is the &#8220;Mona Lisa of crypto.&#8221; He believes that when DOGE "pulls a 10-15x, add a zero to DOG gains." The trader predicts a valuation of $10-$15 billion for the meme coin.
Popcat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POPCAT</a>), he believes, &#8220;will make normies laugh&#8221; and hence, will go pop to $5 to $10 billion. Finally, Mog Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">MOG</a>), the &#8220;embodiment of zoomer TikTok/Instagram culture,&#8221; is his &#8220;largest cultural bet.&#8221; He calls it the best ETH/PEPE beta with a $20 to $25 billion target.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39791586/dogecoin-shiba-inu-pepe-will-still-have-supercycle-but-2021-may-never-happen-again-muses-t">Dogecoin, Shiba Inu, Pepe Will Still Have Supercycle But &#8216;2021 May Never Happen Again,&#8217; Muses Trader</a>
Why It Matters: Smiley Capital <a href="https://x.com/smileycapital/status/1815391577339990417">revealed</a> that he has been accumulating these five coins in the second half of 2023 and first quarter of 2024. He believes that concentrated conviction with size beats a ‘spray and pray' method, especially with meme coins that carry zero fundamental or long-term value.
He also mentioned that he has bought all of these tokens on open markets and is up 5-12x on every single one of them but plans not to sell the majority until the bull market tops.
What&#8217;s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39792803/solana-no-longer-in-ethereums-shadow-sol-could-outperform-eth-says-expert">Solana &#8216;No Longer In Ethereum&#8217;s Shadow, SOL Could Outperform ETH,&#8217; Says Expert</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DOGE

$MOG

$PEPE

$POPCAT

Top Crypto Trader Shares His 5 Meme Coin Portfolio Picks, Terms One 'The DOGE Of This Cycle'

Deal Helps Businesses of All Sizes Take Advantage of Mexico Manufacturing Boom, Global Supply Chain Shifts, and North American Trade Growth

UPS To Acquire Estafeta; Terms Not Disclosed

Offerings

RNAZ

TransCode Therapeutics Intends To Offer To Sell Shares Of Its Common Stock And/Or Pre-funded Warrants In Best Efforts Public Offering

NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) reported quarterly earnings of $3.20 per share which missed the analyst consensus estimate of $3.21 by 0.31 percent. The company reported quarterly sales of $3.127 billion which beat the analyst consensus estimate of $3.125 billion by 0.07 percent. This is a 5.21 percent decrease over sales of $3.299 billion the same period last year.

Earnings Misses

NXP Semiconductors Q2 2024 Adj EPS $3.20 Misses $3.21 Estimate, Sales $3.127B Beat $3.125B Estimate

WR Berkley Q2 2024 Operating EPS $1.04 Beats $0.92 Estimate, Net Premiums Written $3.13B

Calix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CALX#NYSE">CALX</a>) reported quarterly sales of $198.14 million which missed the analyst consensus estimate of $200.81 million by 1.33 percent. This is a 24.09 percent decrease over sales of $261.02 million the same period last year.

CALX

Calix Q2 Sales $198.14M Miss $200.81M Estimate

Zions Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) reported quarterly sales of $776.000 million which beat the analyst consensus estimate of $759.379 million by 2.19 percent. This is a 0.51 percent decrease over sales of $780.000 million the same period last year.

Zions Bancorp Q2 Sales $776.000M Beat $759.379M Estimate

GRWG

GrowGeneration Announces Restructuring Including Improvements In Inventory Management, Sales And Marketing; Expected To Generate Margin Gains And ~$12M In Cost Savings Over Next 12 Months

Agilysys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.26 by 15.38 percent. The company reported quarterly sales of $63.50 million which missed the analyst consensus estimate of $64.47 million by 1.50 percent. This is a 13.27 percent increase over sales of $56.06 million the same period last year.

Agilysys Q1 2025 Adj EPS $0.30 Beats $0.26 Estimate, Sales $63.50M Miss $64.47M Estimate

SAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) reported quarterly earnings of $0.82 per share which missed the analyst consensus estimate of $1.19 by 31.26 percent. This is a 29.48 percent decrease over earnings of $1.16 per share from the same period last year. The company reported quarterly sales of $8.92 billion which missed the analyst consensus estimate of $8.96 billion by 0.42 percent. This is a 8.81 percent increase over sales of $8.20 billion the same period last year.

SAP Q2 Adj $0.82 Misses $1.19 Estimate, Sales $8.92B Miss $8.96B Estimate

GrowGeneration Sees Q2 Prelim. Revenue Over $53M Vs $54.698M Est.

Cleveland-Cliffs shares are trading higher after the company beat Q2 revenue estimates.

SAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) reported quarterly earnings of $0.76 per share which missed the analyst consensus estimate of $0.97 by 21.65 percent. The company reported quarterly sales of $8.29 billion which beat the analyst consensus estimate of $8.23 billion by 0.69 percent. This is a 1.07 percent increase over sales of $8.20 billion the same period last year.

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PRYCE CORP by Pryce Corp.

News

Latest news for PRYCE CORP by Pryce Corp. (OTC:PYCEF) Stock