Streetbeat News

Earnings

FPI

Farmland Partners (NYSE:FPI) reported a Q1 2024 FFO of $0.06 per share, doubling from $0.03 YoY. However, their sales of $11.990M fell short of the $12.150M estimate, marking a 5.38% decrease from last year's $12.672M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:49 pm

AAT

American Assets Trust (NYSE:AAT) reported Q1 2024 FFO of $0.71 per share, surpassing the $0.66 estimate, and sales of $110.695M, exceeding the $110.512M forecast. This represents a 7.58% increase in earnings and a 2.73% rise in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:49 pm

RWT

Redwood Trust (NYSE:RWT) reported Q1 2024 adjusted EPS of $0.08, missing the $0.09 estimate, and sales of $24M, beating the $23.084M estimate. This represents a decrease in earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:47 pm

FFNW

First Financial Northwest (FFNW) reported Q1 2024 GAAP EPS of $(0.12), missing the $0.07 estimate, with sales of $8.900M also missing the $9.280M estimate. This represents a 20.93% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:47 pm

LMND

Lemonade has increased its revenue forecast for FY24 from the range of $505M-$510M to $511M-$515M, slightly above the estimated $510.614M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:46 pm

UGRO

Urban-gro (NASDAQ:UGRO) reported Q1 2024 adjusted EPS of $(0.12), surpassing the $(0.17) estimate, with sales of $15.543M also beating the $15.131M estimate. This represents a significant improvement in losses compared to the same period last year, but a decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:46 pm

SON

Sonoco Products Company (SON) reported Q1 2024 adjusted EPS of $1.12, surpassing the $1.05 estimate, but its sales of $1.638B fell short of the $1.675B estimate. This represents a 20% decrease in earnings and a 5.32% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:46 pm

CRM

Salesforce (NYSE:CRM) has seen a mix of bullish and bearish options trading, with a significant volume of trades predicting a price range of $160 to $290. Recent trades include both calls and puts, with a notable interest in strikes from $160 to $280. The company's stock is currently down by -2.47% at $268.92, potentially oversold, with an earnings release expected in 29 days. Analysts have set an average price target of $349.4, with varying ratings from Outperform to Buy.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 8:46 pm

PDM

Piedmont Office Realty (PDM) reported Q1 2024 FFO of $0.39 per share, surpassing the $0.38 estimate, with sales of $144.538M exceeding the $143.202M forecast. This represents a 1.52% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:46 pm

UNM

Unum Group (UNM) reported Q1 2024 adjusted EPS of $2.12, surpassing the $1.97 estimate, marking a 13.37% year-over-year increase. However, their sales of $3.200B slightly missed the $3.208B estimate, though it represents a 5.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:45 pm