Streetbeat News

Earnings

INDB

Independent Bank (INDB) reported Q1 2024 adjusted earnings per share (EPS) of $1.12, missing the consensus estimate of $1.15 by 2.61%.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:16 pm

WAL

Western Alliance (NYSE:WAL) reported Q1 earnings of $1.60 per share, missing the consensus estimate of $1.66, a 30.43% decrease from last year. However, their quarterly sales of $728.80M exceeded estimates by 4.56%, marking a 32.05% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:16 pm

PPG

PPG Industries forecasts FY24 organic sales growth in the low single digits and maintains its adjusted EPS guidance at $8.34-$8.59, aligning with an estimate of $8.48. The company anticipates low single-digit sales volume growth in Q2, driven by its aerospace, protective and marine, and packaging coatings businesses, particularly in Mexico, China, and India.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:14 pm

DIT

AMCON Distributing reported a Q2 2024 EPS of $0.89, a decrease from $3.49 YoY, while revenue increased to $601.877M from $584.993M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:13 pm

FFIN

First Financial Bankshares (NASDAQ:FFIN) reported Q1 earnings of $0.37 per share, surpassing the consensus estimate of $0.35 by 5.71%. The earnings are consistent with the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:10 pm

NFLX

Netflix has announced that starting with its Q1'25 earnings report, it will no longer disclose quarterly membership numbers and Average Revenue per Member (ARM). This marks a significant shift in how the company shares performance metrics with investors and the public.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:09 pm

PPG

PPG Industries forecasts its Q2 organic sales growth to be in the low single digits and expects adjusted EPS to range between $2.42 and $2.52, slightly below the estimated $2.55.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:08 pm

NFLX

Netflix reported a Q2 operating margin of 26.6%, a decrease from 28.1% in Q1.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:07 pm

ISRG

Intuitive Surgical's CEO highlighted the company's health and progress in the recent quarter, noting the achievement of significant milestones across various business areas.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:06 pm

UBFO

United Security (NASDAQ:UBFO) reported a 33.33% decrease in Q1 earnings per share, dropping to $0.24 from $0.36 YoY.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:06 pm