Streetbeat News

Earnings

T

AT&T reported a Q1 cash from operating activities of $7.5 billion, marking an increase of $900 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:29 am

T

AT&T reported its Q1 2024 earnings with a GAAP EPS of $0.47, missing the estimated $0.49. Sales were reported at $30.028 billion, also missing the estimated $30.540 billion.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:27 am

TNL

Travel + Leisure Co. projects its Q2 adjusted EBITDA to be between $235M-$245M, with gross VOI sales anticipated to be $580M-$610M. Additionally, the company forecasts its Travel and Membership Adjusted EBITDA to be in the range of $60M-$65M.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:26 am

UMC

United Microelectronics (UMC) projects an increase in Q2 wafer shipments by a low single-digit percentage and expects to maintain a firm average selling price (ASP) quarter-over-quarter. The company anticipates a gross profit margin of around 30%, capacity utilization in the mid-60% range, and has set its 2024 CAPEX at US$3.3 billion.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:25 am

STX

Seagate shares are trading higher following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:25 am

TNL

Travel Leisure has reaffirmed its 2024 adjusted EBITDA outlook, projecting it to be between $910M-$930M, alongside gross VOI sales anticipated to be in the range of $2.25B-$2.35B.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:24 am

EDU

New Oriental Education's shares dropped due to a miss in their Q3 earnings per share (EPS) expectations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:24 am

ENPH

Enphase Energy's shares dropped following the announcement of disappointing Q1 financial results and Q2 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:22 am

VRT

Vertiv Holdings' shares surged following the announcement of stronger-than-anticipated Q1 financial outcomes and an upward revision of its 2024 forecasts.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:21 am

UMC

United Microelectronics (NYSE:UMC) reported Q1 2024 earnings per share of $0.13, missing the consensus estimate of $0.15, and sales of $1.708B, missing the estimate of $1.730B. This represents a 36.1% decrease in earnings and a 0.77% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 10:21 am