Streetbeat News

Earnings

ASPS

Altisource Portfolio (NASDAQ:ASPS) reported Q1 2024 adjusted EPS of $(0.20), surpassing the $(0.39) estimate, with sales of $36.891M exceeding the $34.977M forecast. This represents a slight 0.49% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:06 am

ARCH

Arch Resources anticipates that the closure of the Baltimore Port will likely constrain its Q2 coking coal shipments, potentially impacting its ability to generate robust capital returns for stockholders.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:05 am

KEX

Kirby (NYSE:KEX) reported Q1 earnings of $1.19 per share, surpassing the $0.98 estimate, marking a 75% increase from last year. Sales reached $808.02M, exceeding the $784.57M estimate, up 7.67% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:05 am

DTE

DTE Energy reported its Q1 2024 adjusted earnings per share (EPS) of $1.67, missing the analyst consensus estimate of $1.73 by 3.47%.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:05 am

POOL

Pool Corporation (NASDAQ:POOL) reported Q1 2024 adjusted EPS of $2.04, surpassing the $1.91 estimate, but its sales of $1.10B fell short of the $1.13B estimate, marking an 8.86% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:05 am

META

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg announced that the new version of Meta AI, powered by the Llama 3 model, has been positively received, with tens of millions of users trying it out. The initial rollout in English-speaking countries is going well, with plans to expand to more languages and countries. Zuckerberg highlighted Meta's product development strategy of releasing early versions to a limited audience, gathering feedback, and then improving the product. The Llama 3 AI model competes with Google Gemini and Anthropic's Claude 3, offering unique features like creating animations from still images.

Portfolio Pulse from Rounak Jain

April 25, 2024 | 11:05 am

ADT

ADT has reiterated its FY24 financial guidance, projecting CSB total revenue of $4.8B-$5.0B, adjusted EBITDA of $2.525B-$2.625B, adjusted EPS of $0.60-$0.70 versus an estimate of $0.58, and adjusted free cash flow of $700M-$800M.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:05 am

AAL

American Airlines has updated its Q2 adjusted EPS outlook to $1.15 - $1.45, compared to the $1.18 estimate. The company also reaffirms its full-year adjusted EPS forecast to be between $2.25 and $3.25, based on current demand trends and fuel price forecasts, excluding special items.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:04 am

VC

Visteon maintains its full-year 2024 guidance, expecting sales between $4.0B-$4.2B, with adjusted EBITDA of $470M-$500M and adjusted free cash flow of $155M-$185M.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:03 am

DOV

Dover (NYSE:DOV) reported Q1 2024 earnings of $1.95 per share, surpassing the $1.87 estimate, with sales of $2.094B also beating the $2.035B estimate, marking a 0.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:02 am