Streetbeat News

Earnings

BRC

BRC has projected its FY24 net revenue to be between $430M-$460M, which is below the estimated $477.64M. The company also anticipates an increase in profit and cash flow for 2024, with Adjusted EBITDA expected to be between $27.0M and $40.0M and a Free Cash Flow conversion rate of approximately 80% of Adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:55 pm

AIRG

Airgain anticipates Q1 sales to be between $13.3M-$14.7M, surpassing the estimated $11.933M. The company also expects an adjusted EPS loss of $(0.06) at the midpoint, which is better than the estimated loss of $(0.14).

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:51 pm

EHAB

Enhabit projects its full-year 2024 net service revenue to be between $1.076 billion and $1.102 billion, surpassing the estimated $1.073 billion. The company also forecasts its adjusted EPS to range from $0.12 to $0.43, which is higher than the estimated $0.22.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:47 pm

BANX

ArrowMark Financial (NASDAQ:BANX) reported a 26.42% increase in quarterly earnings, with EPS rising to $0.67 from $0.53 YoY.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:43 pm

GPRK

GeoPark (NYSE:GPRK) reported Q4 sales of $199.70M, missing the analyst consensus estimate of $207.00M by 3.53%, marking a 13.53% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:37 pm

CURLF

Curaleaf Holdings, Inc. (CURLF) reported a record Q4 revenue of $345 million, a slight year-over-year increase from $340.2 million. The company narrowed its net loss to $57.7 million, down from a larger loss in the previous year, and saw an adjusted EBITDA of $83 million. The positive results were attributed to disciplined teamwork and growth in key markets such as Arizona, Florida, New York, and Pennsylvania. For the full year, Curaleaf achieved a net revenue of $1.35 billion, a 6% increase from the previous year, with a net loss of $281.2 million.

Portfolio Pulse from Maureen Meehan

March 06, 2024 | 10:36 pm

DALN

DallasNews (NASDAQ:DALN) reported a Q4 EPS of $(0.41), a slight decrease from $(0.40) YoY, with sales dropping 13.09% to $33.98M from $39.10M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:30 pm

TDCX

TDCX reported Q4 earnings of $0.15 per share, surpassing the $0.09 estimate, but its sales of $120.43M fell short of the $121.96M estimate. This represents a stable EPS year-over-year and an 8.34% decrease in sales from the previous year.

Portfolio Pulse from mahesh@benzinga.com

March 06, 2024 | 10:29 pm

AAPL

NVDA

TSLA

Wall Street veteran Ed Yardeni highlighted vulnerabilities in Apple Inc. (AAPL) and Tesla Inc. (TSLA) among the Magnificent Seven stocks, citing concerns over China's economic slowdown and consumer purchasing patterns. Apple's significant revenue exposure to China and a drop in iPhone sales were noted. Yardeni contrasted this with Nvidia Corp. (NVDA), which is anticipated to benefit from the AI and semiconductor sectors' growth. He expressed a cautious outlook on the market, suggesting the Federal Reserve might not lower interest rates this year.

Portfolio Pulse from Piero Cingari

March 06, 2024 | 10:26 pm

TATT

TAT Technologies announced its full year 2023 total revenues of $113.8 million, marking a 35% increase compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 10:23 pm