Streetbeat News

Earnings

PFC

Premier Financial (NASDAQ:PFC) reported Q1 2024 earnings of $0.50 per share, surpassing the $0.47 estimate, but missed sales estimates with $49.574M against the expected $57.164M, marking an 11.93% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:28 pm

ROIC

Retail Opportunity (NASDAQ:ROIC) reported Q1 2024 FFO of $0.28 per share, surpassing the $0.27 estimate, and sales of $85.330M, exceeding the $83.816M forecast. This represents a 12% increase in earnings and a 7.61% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:26 pm

PEB

Pebblebrook Hotel Trust anticipates its Q2 adjusted Funds From Operations (FFO) per share to be in the range of $0.59-$0.63, surpassing the estimated $0.56.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:25 pm

AGR

Avangrid projects its FY24 adjusted EPS to be in the range of $2.17-$2.32, which is around the analyst estimate of $2.25.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:24 pm

WFRD

Weatherford International plc (WFRD) has updated its financial outlook, now expecting to achieve a full year adjusted EBITDA margin of 25% in 2024, a year earlier than previously forecasted. The company reaffirmed its revenue guidance, citing strong international and offshore activity that offsets North American market softness. This update follows a robust first quarter performance, despite ongoing macroeconomic volatility and geopolitical conflicts.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:22 pm

MAT

During a conference call, a Mattel executive stated that the company now believes retail inventory levels are at appropriate levels to support its business going forward.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:22 pm

CNI

Canadian National Railway (NYSE:CNI) reported Q1 earnings of $1.28 per share, surpassing the $1.25 estimate, and sales of $3.15B, exceeding the $3.10B estimate. This represents a slight decrease in both earnings and sales from the previous year.

Portfolio Pulse from mahesh@benzinga.com

April 23, 2024 | 9:21 pm

HIW

Highwood Properties projects its FY24 FFO to range between $3.46 and $3.61, compared to the estimated $3.57.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:21 pm

ROIC

Retail Opportunity Investments Corp. (ROIC) has announced that it is on track to meet its previously stated objectives for 2024. This update reaffirms the company's strategic goals and operational targets, indicating a positive outlook for its future performance.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:20 pm

MANH

Manhattan Associates projects its FY24 adjusted EPS to be between $3.86 and $3.94, surpassing the estimated $3.77. The company also forecasts revenue to range from $1.026 billion to $1.034 billion, slightly above the $1.022 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:19 pm