Streetbeat News

Earnings

FGI

FGI Industries forecasts Full Year 2024 revenues to be between $115M-$128M, slightly above the estimated $115.407M. The company also projects an adjusted operating income of $2.8M-$3.8M and an adjusted net income of $1.2M-$2.0M. FGI emphasizes its focus on organic growth and strategic M&A opportunities.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:28 pm

FGI

FGI Industries (NASDAQ:FGI) reported Q4 earnings with an EPS of $0.06, missing estimates by -14%, and a revenue decrease of $833k from the previous year. Despite past earnings misses, the share price increased by 2.0% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:25 pm

FGI

FGI Industries reported Q4 earnings of $0.06 per share, missing the consensus estimate of $0.07, and a 45.45% decrease from last year. Sales were $30.96M, beating the $30.40M estimate but down 2.62% from the previous year.

Portfolio Pulse from dijoy@benzinga.com

March 20, 2024 | 9:20 pm

YQ

17 Education & Technology (YQ) reported a significant improvement in its Q4 adjusted earnings per ADS, moving from a loss of $(1.05) to $(0.03) YoY. Sales also increased by 16.29% to $6.67M from $5.74M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:10 pm

RVTY

Revvity has reaffirmed its full-year guidance for 2024, projecting total revenue between $2.79 billion and $2.85 billion, with an estimated average of $2.818 billion. The company also expects its adjusted EPS to range from $4.55 to $4.75, closely aligning with the estimated average of $4.66.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 9:04 pm

DRCT

Direct Digital Holdings (NASDAQ:DRCT) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $0.26. The company's past performance shows a significant share price increase following earnings beats, with shares currently up 821.45% over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:00 pm

HOFV

Hall Of Fame Resort (NASDAQ:HOFV) reported Q4 earnings with an EPS of $-3.2, missing estimates by -23.0% against an expected $-2.6. Revenue increased by $3.61 million from the same period last year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 1.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 8:55 pm

WOR

Worthington Enterprises (NYSE:WOR) reported Q3 earnings with an EPS of $0.8, beating estimates by 7%, but saw a revenue decline to $786.25 million from the previous year. Despite beating EPS estimates in past quarters, such outperformance has previously led to a short-term drop in share price.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 8:55 pm

WOR

Worthington Industries (WOR) reported Q3 earnings of $0.80 per share, surpassing the $0.75 estimate, but saw a 23.08% decrease from last year's $1.04. Sales of $316.75M fell short of the $326.97M estimate and dropped 71.28% from last year's $1.10B.

Portfolio Pulse from dijoy@benzinga.com

March 20, 2024 | 8:54 pm

HOFV

Hall Of Fame Resort (HOFV) reported Q4 losses of $(3.20) per share, missing the $(2.60) estimate, but sales of $6.14M exceeded the $5.48M estimate. This represents an 8.83% increase in losses and a 143.24% increase in sales from the same period last year.

Portfolio Pulse from dijoy@benzinga.com

March 20, 2024 | 8:52 pm