Streetbeat News

Earnings

MARA

Marathon Digital's stock is trading lower following the release of their mixed Q4 financial results, indicating a performance that did not fully meet market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:50 pm

DCGO

DocGo (NASDAQ:DCGO) reported Q4 earnings of $0.07 per share, missing the consensus estimate of $0.10, a 30% decrease from last year. However, their quarterly sales of $199.25M exceeded estimates by 2.59%, marking an 83.13% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:50 pm

KNTK

Kinetik Holdings (NASDAQ:KNTK) reported Q4 2023 earnings of $1.70 per share, significantly beating the $0.49 estimate. However, their sales of $348.87M fell short of the $379.87M estimate, despite being an 18.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:50 pm

MBI

MBIA (NYSE:MBI) reported Q4 earnings with an EPS of $-0.16, beating estimates by 6.0% but with a revenue decrease of $7M from the previous year. The company had missed EPS estimates in Q3 2023, leading to a 9.0% share price drop the following day. MBIA's past earnings performance shows variability in EPS and revenue over the last four quarters.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:50 pm

ALKT

Alkami Technology (NASDAQ:ALKT) reported Q4 earnings with an EPS of $0.02, matching the estimate but showing significant revenue growth of $15.83 million year-over-year. Despite matching EPS estimates, this marks a continuation of positive revenue trends seen in previous quarters.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:50 pm

ACR

ACRES Commercial Realty (NYSE:ACR) reported Q4 earnings with an EPS of $0.55, beating estimates by 17.0% but with a revenue decrease of $796 thousand from the previous year. The company has a history of surpassing EPS estimates, which previously led to a 5.0% share price increase the day after last quarter's earnings announcement.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:50 pm

INN

Summit Hotel Properties (INN) reported Q4 2023 FFO of $0.22 per share, surpassing the $0.20 estimate, with sales of $177.44M exceeding the $176.54M forecast. This represents a 2.96% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:49 pm

CDXS

Codexis projects its FY24 product revenue to be between $38M-$42M, excluding any revenue from PAXLOVID. Additionally, the company anticipates its R&D revenue to range from $18M-$22M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:49 pm

ACR

ACRES Commercial Realty (ACR) reported Q4 2023 adjusted EPS of $0.55, surpassing the $0.47 estimate, with sales of $22.45M also beating the $19.60M estimate, despite a 3.42% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:48 pm

MBI

MBIA Inc. (MBI) reported Q4 2023 adjusted EPS of $(0.16), surpassing the $(0.17) estimate, with sales of $9.00M exceeding the $6.50M forecast. This represents a 43.75% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:48 pm