Streetbeat News

Earnings

MRO

Marathon Oil maintains its 2024 guidance for production, capital expenditure, cost, and tax, with a capital program focused on the first half of the year and production expected to rise from Q1 levels.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:49 pm

ENVX

Enovix forecasts its Q2 2024 adjusted EPS to be between $(0.28) and $(0.22), compared to the estimated $(0.22). The company also projects its revenue to be between $3.0M and $4.0M, which is below the estimated $4.054M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:49 pm

BNL

Broadstone Net Lease (NYSE:BNL) reported Q1 2024 FFO of $0.36 per share, meeting analyst estimates, with a 5.88% increase over the previous year. However, their sales of $105.366M fell short of the $107.054M estimate, marking an 11.45% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:48 pm

UPWK

Upwork has projected its Q2 adjusted EPS to be between $0.21 and $0.23, surpassing the estimated $0.20. The company also forecasts its revenue to be in the range of $190 million to $195 million, which is around the analyst's expectation of $192.04 million.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:48 pm

AXS

Axis Capital Holdings (NYSE:AXS) reported Q1 2024 adjusted EPS of $2.57, surpassing the $2.40 estimate, marking a 10.3% year-over-year increase. However, their sales of $1.425B fell short of the $1.600B estimate, despite a 6.00% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:48 pm

UPWK

Upwork reported Q1 2024 earnings with a GAAP EPS of $0.13, surpassing the $0.08 estimate, and sales of $190.9M, exceeding the $185.873M estimate. This represents an 18.68% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:47 pm

KN

Knowles Corporation projects its Q2 2024 adjusted EPS to be between $0.22 and $0.26, compared to the estimated $0.23. Revenue is expected to range from $199M to $209M, against an estimate of $205.5M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:47 pm

HDSN

Hudson Technologies (NASDAQ:HDSN) reported Q1 2024 earnings of $0.20 per share, meeting analyst estimates but marking a 39.39% decrease from the previous year. Sales reached $65.250M, exceeding expectations by 3.01% but showing a 15.48% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:47 pm

NTGR

NETGEAR's stock price is trading lower following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:46 pm

DGII

Digi Intl (NASDAQ:DGII) reported Q2 2024 adjusted EPS of $0.49, surpassing the $0.47 estimate, with sales of $107.702M also beating the $106.992M estimate. However, this represents a 2% decrease in earnings and a 3.10% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:46 pm