Streetbeat News

Earnings

PRKS

United Parks & Resorts reported a Q4 total revenue of $389M, marking a slight decrease of 0.4% YoY. However, attendance saw an increase, with 5M guests attending, up 23,000 from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:35 am

AAP

Advance Auto Parts projects its 2024 diluted EPS to be between $3.75 and $4.25, surpassing the estimated $3.57. However, its forecasted net sales of $11.3B to $11.4B fall slightly short of the $11.46B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:34 am

VTRS

Viatris (NASDAQ:VTRS) reported Q4 earnings of $0.62 per share, missing the consensus estimate of $0.65, and sales of $3.83B, missing the estimate of $3.87B. This represents a decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:33 am

HCM

HUTCHMED (China) reported a significant improvement in its financial performance for the fiscal year, with EPS rising to $0.58 from a loss of $(2.13) YoY. Sales also saw a substantial increase, reaching $838.00M, up from $426.41M YoY.

Portfolio Pulse from saritha@benzinga.com

February 28, 2024 | 11:32 am

GTLS

Chart Industries (NYSE:GTLS) reported Q4 adjusted EPS of $2.25, surpassing the $2.09 estimate, marking a 34.73% increase from last year. However, their sales of $1.01B fell short of the $1.10B estimate, despite being a 129.95% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:32 am

AAP

Advance Auto Parts (AAP) reported a Q4 2023 GAAP EPS of $(0.59), missing the analyst consensus estimate of $0.57 by 203.51%. Quarterly sales were $2.46B, in line with estimates but represent a 0.37% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:31 am

TBLA

Taboola has projected its FY24 revenue to be between $1.892 billion and $1.942 billion, surpassing the estimated $1.88 billion.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:29 am

TBLA

Taboola has projected its Q1 revenue to be between $387M and $413M, surpassing the estimated $375.84M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:28 am

TM

Toyota Motor Corp. (NYSE:TM) reported a 4.4% Y/Y increase in total sales to 831,161 vehicles in January, despite a 3.8% decline in total production to 788,670 vehicles. Global production, including Lexus, rose by 7.4%, marking the 13th consecutive month of Y/Y growth, with strong demand in North America contributing to record overseas production. Global sales for Toyota, including Lexus, grew 10.5% Y/Y to 784,527 vehicles, with significant increases in the U.S. (23.3%) and China (39.2%), despite a 13.7% decline in Japan. Toyota also announced the resumption of production at two lines after a suspension lift on TICO-manufactured diesel engines. TM shares dropped slightly by 0.23% in premarket trading.

Portfolio Pulse from Lekha Gupta

February 28, 2024 | 11:25 am

SQSP

Squarespace provided its Q1 revenue forecast to be between $274M-$277M, surpassing the estimated $271.84M. Additionally, the company projects its FY24 revenue to range from $1.170B to $1.190B, aligning with the $1.17B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 11:25 am