Streetbeat News

Earnings

AER

AerCap Holdings (NYSE:AER) reported Q4 adjusted EPS of $3.11, surpassing the $2.45 estimate, marking a 26.94% beat and a 16.92% increase from last year's $2.66. However, its Q4 sales of $1.90B fell short of the $1.93B estimate by 1.61%, though it's a 3.83% increase from the previous year's $1.83B.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:04 pm

H

Hyatt Hotels has provided its financial guidance for 2024, forecasting a net income of approximately $560 million and an Adjusted EBITDA in the range of $1.175 billion to $1.225 billion.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:03 pm

WBD

Warner Bros. Discovery (WBD) reported Q4 2023 GAAP EPS of $(0.16), missing the $(0.07) estimate, with sales of $10.28B also missing the $10.34B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:03 pm

FYBR

Frontier (FYBR) projects its FY24 Adjusted EBITDA to be between $2.20B and $2.25B, with plans for 1.3 million new fiber passings and significant investments in capital and pension contributions.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:02 pm

FYBR

Frontier Communications (NASDAQ:FYBR) reported Q4 GAAP EPS of $0.07, surpassing the $(0.12) estimate, with sales of $1.43B also beating the $1.42B estimate. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:01 pm

H

Hyatt Hotels reported a net rooms growth of 5.9% year-over-year for FY2023. In Q4, the company saw an 11.3% increase in comparable net package RevPAR and a 5.9% increase in RevPAR for comparable owned and leased hotels.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 12:00 pm

ITCI

Intra-Cellular Therapies (NASDAQ:ITCI) has seen diverse analyst ratings over the last three months, with a positive shift in the average 12-month price target to $81.88, up 16.97% from $70. The company, focusing on drugs for central nervous system diseases, has shown a notable revenue growth of 75.05% as of September 30, 2023, but struggles with profitability and efficiency metrics. Analysts from firms like Needham, Mizuho, and Goldman Sachs have updated their ratings and price targets, reflecting optimism and caution.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 12:00 pm

H

Hyatt Hotels announced that its comparable system-wide RevPAR (Revenue Per Available Room) increased by 9.1% in Q4 and by 17.0% for the fiscal year 2023, indicating strong performance and recovery in the hospitality sector.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 11:59 am

H

Hyatt Hotels (NYSE:H) reported Q4 adjusted earnings per share (EPS) of $0.64, surpassing the analyst consensus estimate of $0.39 by 64.1%. However, this represents a 74.9% decrease from the $2.55 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 11:57 am

BLMN

Bloomin' Brands forecasts its FY24 adjusted EPS to be in the range of $2.51-$2.66, compared to the market estimate of $2.58. Additionally, the company plans to open 40 to 45 new system-wide restaurants.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 11:55 am