Streetbeat News

Earnings

TFII

TFI International (NYSE:TFII) reported Q1 earnings of $1.24 per share, missing the consensus estimate of $1.36, and sales of $1.87B, missing the estimate of $1.90B. This represents a decrease in earnings and a slight increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:25 pm

TEAM

Atlassian's stock is trading lower following the announcement of its Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:25 pm

INTC

Intel Corporation (NASDAQ:INTC) shares dropped after reporting Q1 sales below expectations and weak Q2 EPS guidance. Despite beating EPS estimates with 18 cents per share, its $12.72 billion revenue missed forecasts. The company anticipates Q2 earnings of 10 cents per share with revenue between $12.5 billion and $13.5 billion. CEO Pat Gelsinger highlighted progress and innovation, particularly in Intel 3 production and Intel Foundry, despite some segment declines.

Portfolio Pulse from Erica Kollmann

April 25, 2024 | 8:24 pm

SKX

Skechers has updated its fiscal year 2024 sales and earnings per share (EPS) outlook, indicating a positive adjustment in its financial forecasts. The company now expects sales to range between $8.725 billion and $8.875 billion, up from the previous forecast of $8.60 billion to $8.80 billion. The EPS forecast has also been raised from $3.65-$3.85 to $3.95-$4.10, surpassing the analyst estimate of $3.90.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:24 pm

COLB

Columbia Banking System (NASDAQ:COLB) reported Q1 2024 adjusted EPS of $0.65, surpassing the $0.53 estimate, marking a 41.3% increase from the previous year. However, their sales of $473.719M fell short of the $480.364M estimate, despite being a 10.31% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:24 pm

GILD

Gilead Sciences' stock price increased following the announcement of their Q1 adjusted EPS results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:24 pm

ORC

Orchid Island Capital (ORC) reported Q1 2024 adjusted EPS of $(0.12), missing the $(0.09) estimate, but sales of $(2.490M) exceeded the $(3.227M) estimate, marking a 40.78% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:22 pm

SAM

Boston Beer Co projects its FY24 GAAP EPS to be in the range of $7.00-$11.00, compared to the estimated $9.91.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:21 pm

CUZ

Cousins Properties (CUZ) reported Q1 2024 FFO of $0.65 per share, surpassing the $0.64 estimate, with sales of $209.241M exceeding the $199.473M forecast, marking a 3.21% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:20 pm

EW

Edwards Lifesciences projects its FY24 adjusted EPS to be between $2.70 and $2.80, compared to the estimated $2.76, and anticipates revenues to range from $6.3 billion to $6.6 billion, versus the estimated $6.516 billion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:20 pm