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Earnings

LOW

RUN

Sunrun Inc reported Q4 earnings with revenue of $516.59 million and a loss of $1.33 per share, missing estimates. The company announced a partnership with Lowe's to offer solar and storage services in 430 stores and proposed a $475 million convertible senior notes offering. Sunrun's Q4 saw customer and storage capacity growth, with $10.9 million in cash generated. Despite initial gains, shares fell after the offering announcement.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 9:41 pm

ROG

Rogers Corporation projects its Q1 2024 adjusted EPS to be between $0.45 and $0.65, significantly lower than the estimated $1.03. The company also forecasts revenue to be in the range of $205M to $215M, which is below the expected $229.40M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:40 pm

AWR

American States Water (NYSE:AWR) reported Q4 earnings with an EPS of $0.41, missing estimates by 22.64% against an expected $0.53. Revenue decreased by $187 thousand from the previous year. The company had previously missed EPS estimates last quarter, resulting in a 2.25% share price drop the following day. Historical performance shows mixed results in meeting EPS and revenue estimates over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:40 pm

VAC

Marriott Vacations (NYSE:VAC) reported Q4 earnings with an EPS of $1.88, beating estimates by 7.43% against an expected $1.75. Revenue increased by $6.00 million from the same period last year. The company had previously missed EPS estimates last quarter, resulting in a 7.23% share price drop the following day. Historical earnings performance shows variability in meeting EPS estimates over the past year.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:40 pm

NYMT

New York Mortgage Trust (NASDAQ:NYMT) reported Q4 earnings with an EPS of $0.35, significantly beating the estimate of $0.02 by 1650%. However, revenue decreased by $5.50 million compared to the same period last year. The company had previously missed EPS estimates in Q3 2023, which led to a 1.26% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:40 pm

HUN

Huntsman Corporation (NYSE:HUN) reported its Q4 earnings on February 21, 2024, missing estimated earnings by 23.53% with an EPS of $-0.21 versus an estimate of $-0.17. Revenue decreased by $247 million from the same period last year. This follows a pattern of missed EPS estimates in previous quarters, which has previously led to a drop in share price.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:40 pm

OUT

Outfront Media (NYSE:OUT) reported Q4 earnings with an EPS of $0.35, missing estimates by 2.78% against an expected $0.36. Revenue increased by $6.50 million from the previous year. Despite missing EPS estimates last quarter, the share price increased by 11.42% the following day. The company's past earnings performance shows a pattern of not meeting EPS estimates.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:40 pm

RUN

Sunrun's shares dropped following disappointing Q4 financial results and the announcement of a $475 million convertible senior notes offering.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:39 pm

KALU

Kaiser Aluminum reported its Q4 2023 adjusted earnings per share (EPS) at $0.47, which is significantly higher than the estimated $(0.12). Additionally, the company's sales reached $722.00M, surpassing the expected $718.74M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:39 pm

NYMT

New York Mortgage Trust (NYMT) reported Q4 2023 GAAP EPS of $0.35, significantly beating the $0.02 estimate. However, their sales of $16.80M fell short of the $21.07M estimate, marking a 24.65% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:38 pm