Streetbeat News

Earnings

COLM

Columbia Sportswear's stock price increased following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company provided positive EPS guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:52 pm

BELFB

Bel Fuse (NASDAQ:BELFB) reported Q1 2024 adjusted EPS of $1.26, surpassing the $0.97 estimate, but its sales of $128.090M fell short of the $128.647M forecast. This represents a 15.44% decrease in earnings and a 25.68% drop in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:51 pm

BYD

Boyd Gaming's stock trades lower following the announcement of Q1 adjusted EPS results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:51 pm

MSBI

Midland States Bancorp (NASDAQ:MSBI) reported Q1 2024 adjusted EPS of $0.53, missing the $0.73 estimate, and sales of $77.107M, beating the $74.930M estimate. This represents a 39.77% decrease in EPS and a 1.08% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:51 pm

SAM

Boston Beer shares surged following the announcement of Q1 financial results that exceeded expectations, along with the issuance of optimistic GAAP EPS guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:51 pm

TEAM

Atlassian Corp (NASDAQ:TEAM) reported fiscal Q3 earnings with revenue and EPS beating estimates, showing a 30% year-over-year revenue increase and a significant improvement in operating income. Subscription revenue grew by 41%, and the company highlighted its transition to a cloud-majority company with over 300,000 customers. However, shares fell in after-hours trading due to the announcement of a CEO transition, with Scott Farquhar stepping down and Mike Cannon-Brookes continuing as CEO. Atlassian expects Q4 revenue to be between $1.12 billion and $1.135 billion, with cloud revenue growth around 32% year over year.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 8:50 pm

SKX

Skechers USA shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:50 pm

FFBC

First Financial Bancor (NASDAQ:FFBC) reported Q1 adjusted earnings of $0.59 per share, meeting analyst estimates but marking a 22.37% decrease from last year. Quarterly sales were $195.25M, missing estimates by 2.91% and down 4.47% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:49 pm

ABIO

ARCA biopharma (NASDAQ:ABIO) reported a Q1 EPS loss of $(0.14), a 55.56% increase in losses compared to $(0.09) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:48 pm

TEX

Terex shares surged following the announcement of Q1 financial results that exceeded expectations, along with FY24 revenue guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:48 pm