Streetbeat News

Earnings

SRBK

SR Bancorp reported a decrease in EPS to $0.12 from $0.18 YoY with net income of $1.1 million for Q1 2024, down from $1.6 million in the previous quarter. Excluding certain adjustments, net income would have been $258,000. Total assets grew by 61.6% to $1.05 billion, net loans by 92.9% to $698.9 million, and total deposits by 66.3% to $838.0 million since June 30, 2023. The bank also completed the integration of the Regal Bank core system.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:24 pm

TMDX

TransMedics Gr (NASDAQ:TMDX) reported Q1 2024 earnings of $0.35 per share, surpassing the $0.02 estimate by 1650%, and a 537.5% increase from last year's losses. Sales reached $96.850M, beating the $83.778M estimate by 15.60%, marking a 133.07% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:24 pm

SBUX

During a conference call, a Starbucks executive mentioned that the company is experiencing a slower-than-expected recovery in China.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:24 pm

EXR

Extra Space Storage (EXR) reported Q1 earnings of $1.96 per share, surpassing the $1.82 estimate, but sales of $688.04M fell short of the $712.99M forecast. This represents a 2.97% decrease in earnings per share and a 58.55% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:22 pm

SKT

Tanger Factory Outlet Centers Inc. (SKT) projects its 2024 core FFO (Funds From Operations) per share to be in the range of $2.03 to $2.11.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:22 pm

FPI

Farmland Partners has revised its 2024 AFFO (Adjusted Funds From Operations) guidance range upwards, from previously $0.15-$0.23 to now $0.19-$0.26, indicating a positive outlook on its financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:21 pm

STKH

Steakholder Foods (NASDAQ:STKH) reported a reduced quarterly loss of $(0.07) per share, improving from a loss of $(0.11) per share year-over-year, marking a 36.36% increase in earnings.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:20 pm

AAT

American Assets Trust (AAT) has raised its 2024 FFO per share guidance from the previous range of $2.19-$2.33 to a new range of $2.24-$2.34, with analysts' estimates at $2.30.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:20 pm

RNR

RenaissanceRe Holdings (NYSE:RNR) reported Q1 earnings of $12.18 per share, surpassing the $9.41 estimate, a 49.26% increase from last year. Sales reached $2.60B, slightly above the $2.59B estimate, marking a 17.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:19 pm

QUAD

Quad Graphics projects a 5%-9% decline in FY24 annual net sales, with capital expenditures estimated between $60M-$70M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:19 pm