Streetbeat News

Earnings

MTG

MGIC Investment (NYSE:MTG) reported Q1 2024 adjusted EPS of $0.65, surpassing the $0.60 estimate, marking a 20.37% year-over-year increase. However, their sales of $294.361M fell short of the $300.512M estimate, despite being a 3.66% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:05 pm

DGII

Digi International has revised its FY24 revenue projection downwards by 5% Y/Y, citing increased customer caution and longer sales cycles. This adjustment also slightly lowers the expected Adjusted EBITDA range to 0-5%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:04 pm

CF

CF Industries Holdings (NYSE:CF) reported Q1 earnings of $1.03 per share, missing the consensus estimate of $1.52, a 63.86% decrease from last year's $2.85. Sales were $1.47B, slightly above the $1.46B estimate but 26.94% lower than the previous year's $2.01B.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:04 pm

ERII

Energy Recovery (NASDAQ:ERII) reported Q1 2024 adjusted EPS of $(0.08), surpassing the $(0.14) estimate, but its sales of $12.090M fell short of the $13.496M forecast, marking a 9.78% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:03 pm

AFG

American Financial Group (AFG) reported Q1 2024 adjusted EPS of $2.76, surpassing the $2.70 estimate, but its sales of $1.546B fell short of the $1.718B estimate. This represents a 4.5% decrease in EPS and a 7.59% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:03 pm

KLIC

Kulicke & Soffa Industries (KLIC) reported Q2 2024 adjusted EPS of $(0.95), missing the $0.24 estimate by 495.83%, and a 350% decrease from last year's $0.38 EPS. Sales were $172.074M, slightly above the $170.164M estimate but a 0.55% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:03 pm

CCCS

Analysts have recently provided diverse opinions on CCC Intelligent Solutions (NASDAQ:CCCS), with ratings ranging from bullish to bearish. The average 12-month price target is $13.86, indicating an 8.71% increase from the previous target. The company's financial performance shows a 12.0% revenue growth rate, a net margin of 11.03%, but lower than average ROE and ROA, and a high debt-to-equity ratio. CCC Intelligent Solutions operates in the cloud, mobile, AI, and telematics sectors, primarily in the US and China.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 9:01 pm

FNV

Franco-Nevada (NYSE:FNV) reported Q1 2024 adjusted EPS of $0.76, surpassing the $0.72 estimate, but its sales of $256.800M fell short of the $279.027M forecast, marking a 7.06% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:01 pm

MRAM

Everspin Technologies reported mixed Q1 financial results and provided Q2 revenue guidance below expectations, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 9:01 pm

Z

Zillow Group Inc. (NASDAQ:Z) reported Q1 earnings of 36 cents per share, surpassing analyst estimates of 34 cents. Quarterly sales reached $529 million, exceeding expectations and marking a 12.79% year-over-year increase. Residential and rentals revenue saw significant growth, with traffic to Zillow's platforms remaining robust. Despite these positive results, Zillow's shares dropped 8.07% in after-hours trading to $38.51.

Portfolio Pulse from Erica Kollmann

May 01, 2024 | 9:00 pm