Streetbeat News

Earnings

MET

MetLife (NYSE:MET) reported Q1 2024 adjusted earnings of $1.83 per share, surpassing the $1.82 estimate, marking a 20.39% year-over-year increase. However, adjusted sales of $17.016 billion fell short of the $17.728 billion estimate, despite a 5.52% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:18 pm

ALL

Allstate (NYSE:ALL) reported Q1 2024 adjusted EPS of $5.13, surpassing the $3.94 estimate, with premiums written totaling $13.183B, also beating the $12.875B estimate. This represents an 11.88% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:18 pm

CHRW

C.H. Robinson Worldwide's shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:18 pm

EBAY

eBay has projected its adjusted earnings per share (EPS) for Q2 2024 to be in the range of $1.10 to $1.15, which compares to the analyst estimate of $1.14.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:17 pm

ENVX

Enovix reported Q1 2024 earnings with an adjusted EPS of $(0.31), missing the $(0.29) estimate, and sales of $5.272M, beating the $3.779M estimate. This represents a 55% increase in losses and a 25,000% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:17 pm

ALB

Albemarle (NYSE:ALB) reported Q1 earnings of $0.26 per share, missing the consensus estimate of $0.27, a 97.48% decrease from last year's $10.32. Sales were $1.36B, beating the $1.31B estimate but down 47.26% from last year's $2.58B.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:17 pm

DVN

Devon Energy (DVN) reported Q1 adjusted earnings of $1.16 per share, surpassing the analyst consensus estimate of $1.11 by 4.5%. However, this represents a 20.55% decrease from the $1.46 per share earned in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:16 pm

BHE

Benchmark Electronics (BHE) reported Q1 2024 adjusted EPS of $0.55, surpassing the $0.46 estimate, with sales of $676M also beating the $645M estimate. However, this represents a 2.69% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:16 pm

MGM

MGM Resorts International reported Q1 2024 adjusted EPS of $0.74, surpassing the $0.56 estimate, with sales of $4.383B exceeding the $4.236B forecast. This represents a 13.16% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:16 pm

FRSH

Freshworks shares are trading lower following the announcement of Q1 financial results and a CEO transition.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:16 pm