Streetbeat News

Earnings

AEHR

Aehr Test Systems shares rose following the release of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:27 pm

AEHR

Aehr Test Systems has reiterated its fiscal year 2025 guidance, projecting total revenue of at least $70 million and a net profit before taxes of at least 10% of revenue. This aligns closely with the estimated revenue of $71.20 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:25 pm

AEHR

Aehr Test Systems reported Q1 2025 earnings of $0.07 per share, surpassing the $0.02 estimate, despite a 61.11% decrease from last year. Sales were $13.12M, beating the $12.17M estimate, but down 36.39% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:23 pm

SHO

Sunstone Hotel Investors anticipates a decline in RevPAR growth by 125-150 basis points in 2024 due to labor disruptions. Adjusted EBITDAre is expected to decrease by $11M-$13M, and Adjusted FFO per share will drop by $0.06. The company will update its 2024 outlook in the upcoming earnings release.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:21 pm

SHO

Sunstone Hotel Investors reported growth in RevPAR and Adjusted EBITDAre for the first two months of Q3 2024, aligning with their full-year outlook. The company saw a 2.4% increase in total portfolio RevPAR and a 6.3% increase in Total RevPAR, excluding The Confidante Miami Beach, with Adjusted EBITDAre of approximately $37 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:20 pm

ODC

Oil-Dri Corp of America reported a decrease in Q4 adjusted EPS to $1.17 from $1.65 year-over-year, despite an increase in sales to $113.7 million from $107.39 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:11 pm

VOXX

VOXX International reported Q2 earnings per share of $0.10, beating the estimate of $0.00, but sales of $92.49 million missed the $117.90 million estimate. This marks a significant EPS improvement from last year's loss, but a decline in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:08 pm

EDUC

Educational Development (NASDAQ:EDUC) reported a significant decline in its Q2 financial performance, with EPS dropping from $0.13 to $(0.22) and sales falling from $10.59M to $6.51M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:01 pm

HIHO

Highway Holdings (NASDAQ:HIHO) reported Q2 earnings per share of $0.05, unchanged from last year, with a significant sales increase of 60.14% to $2.12 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:00 pm

AXP

Recent unusual options activity on American Express (NYSE:AXP) shows a bearish sentiment among high-rolling investors, with 50% of trades being bearish. The stock is currently trading at $270.61, down by 0.3%, and may be approaching overbought territory. The anticipated earnings release is in 8 days.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 7:46 pm