Articles written by Lekha Gupta - Benzinga

Elon Musk-Trump Clash Propelled This Stock To Weekly High: Here's A List Of Other Top Performing Large Cap Gainers (Jun 2-Jun 6)

Eleven large-cap stocks were top performers last week. Did you invest? ASTS, VG, NBIS, CRWV, CRDO, ON, GWRE, PAAS, DG, MDB, FERG all saw significant gains.

JPMorgan Trims Braze EPS Outlook As Investors React To Acquisition Growing Pains

JPMorgan analyst lowered price forecast for Braze from $45 to $47, while retaining Overweight rating. Q1 earnings beat estimates, but margins reset.

Oshkosh Investor Day Shows Path To 2028 Growth, Says JPMorgan

Tami Zakaria of JP Morgan raised Oshkosh (OSK) price forecast to $106 and kept a Neutral rating. OSK expects revenue of $13-$14 billion, EPS $18-$22, and EBIT margin of 12-14%. Analyst raised estimates and anticipates moderate downturn in Access Equipment sales in 2025.

Honeywell Joins Forces With Johnson Matthey, GIDARA, Samsung E&A To Launch End-to-End Sustainable Aviation Fuel Production Solution (CORRECTED)

Honeywell (HON) forms strategic alliance with Johnson Matthey, GIDARA Energy, and SAMSUNG E&A to deliver sustainable aviation fuel from biomass and waste, streamlining production and reducing costs.

Rio Tinto Opens $2B Pilbara Iron Ore Mine With China's Baowu

Rio Tinto inaugurates iron ore mine, Western Range, with 130M tonne annual capacity. Joint venture with Baowu worth $2B, benefits Paraburdoo town.

ABM Industries Cleans Up In Q2: Revenue Soars Past Estimates On Tech, Aviation Growth

ABM Industries Inc. shares are trading higher after the company reported second-quarter fiscal year 2025 earnings.

Rent The Runway Q1 Subscriber Growth Returns, Eyes Double-Digit Increase In FY25

Rent The Runway, Inc. (RENT) shares up 20.92% premarket after beating earnings estimates. Active subscribers up 1%, revenue expected at $76-80M for Q2.

Why Analyst Sees Attractive Valuation For Calvin Klein Parent PVH Despite 'Noisy' Q1

PVH shares are down after cutting FY25 guidance and issuing lower Q2 EPS guidance. Revenue beat estimates in Q1 earnings report.

Tariff Peak, 'Gold Lap Effect' Weigh On Costco's May Sales, Says JPMorgan

JPMorgan analyst reiterates Overweight rating on Costco, reporting $20.97B net sales for May, up 6.8% YoY, with 6.0% comp sales growth in US and 6.3% in Canada.

Cracker Barrel Q3 Restaurant Sales Sizzle, Ups Annual EBITDA Outlook

Cracker Barrel reports Q3 earnings of 58 cents per share, beating expectations. Quarterly sales of $821.1M miss estimates, but comparable store sales grow. Dividend of $0.25 per share announced.

Tissue Titans Unite: Suzano, Kimberly-Clark Form $3.4 Billion Global JV

Suzano S.A. and Kimberly-Clark Corporation announced a $3.4 billion joint venture to create an international tissue company.

Toro Lowers Full-Year Outlook As Residential Sales Slump, Costs Weigh on Margins

Toro Q2 sales down 2% Y/Y to $1.32B, missing consensus of $1.35B. Residential segment sales fell 11.4%, segment earnings down to $16.1M from $36.1M. Professional segment sales up 0.8%, segment earnings up to $202.1M from $190.7M. Adjusted EPS of $1.42 (+1% Y/Y), beating consensus of $1.40. Toro lowers FY25 adjusted EPS guidance to $4.15-$4.30, sees net sales growth of flat to -3%. TTC shares down 3.14% at $73.19. Invesco Water Resources ETF (PHO) and Neuberger Berman Small-Mid Cap ETF (NBSM) provide exposure to the stock.

LyondellBasell Moves To Sell European Assets As It Shifts Toward Circular, Renewable Growth

LyondellBasell (LYB) shares up premarket on sale of European assets to AEQUITA. Transaction expected to close in first half of 2026.

Babcock & Wilcox Offloads Key Unit For $177M As It Bets Future On Hydrogen Tech

BW surges premarket after selling Diamond Power to ANDRITZ for $177 million and highlighting growth potential in BrightLoop technology.

Outerwear Strong, Swim Slow: Lands' End Navigates Q1, Seeks Sale Options

Lands' End gross profit decreased 4.5% year over year, with gross margin rising by around 210 basis points year over year to 50.8%.

Red Canary Acquisition, AI Innovations Propel Zscaler's Growth Story: Analyst

Analyst maintains Buy rating on Zscaler (ZS) with raised price forecast of $350. Company unveiled new capabilities focused on AI and Zero Trust Everywhere initiative at annual Zenith event.

Victoria's Secret Cybersecurity Breach A Significant Concern: Analyst

Telsey analyst maintains Market Perform on Victoria's Secret, reports preliminary Q1 results of $1.35B revenue and 9 cents EPS. Concerns over cyberattack and lowered estimates.

Yum! Brands Tipped For 16% Upside As Analyst Points To Strong Unit Growth, AI Investment

Goldman Sachs analyst Christine Cho upgrades Yum! Brands, Inc. from Neutral to Buy with a $167 price forecast. Company shows strong growth and resilience.

JPMorgan Bullish On Hewlett Packard Enterprise's Future, Cites 'Durable' Non-AI Segments, Capital Returns

JPMorgan analyst Samik Chatterjee adjusts HPE's revenue and margin outlook after Q2 results.

Recreational Vehicle Maker Thor's European Sales Hit By Dip, Cautions On Macro Outlook

Thor Industries (THO) reports Q3 EPS of $2.53, beating expectations of $1.83. Sales up 3.3% Y/Y, gross profit margin expands. North American RV sales rise, European RV sales fall. Company remains resilient despite challenging environments.