Streetbeat News

Earnings

ELME

Elme Communities has projected its 2024 Core Funds From Operations (FFO) to be in the range of $0.90 to $0.96, aligning closely with the estimated $0.95 by analysts. This forecast provides insight into the company's financial health and future performance expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:54 pm

IREN

Iris Energy reported a significant increase in its Q2 losses to $(7.20) per share from $(0.73) YoY, while sales rose to $42.57M from $13.76M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:53 pm

UEIC

Universal Electronics projects its Q1 2024 adjusted revenue to be between $86M and $96M, which is below the $95.926M estimate. The company also anticipates its adjusted EPS to range from $(0.27) to $(0.17).

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:53 pm

SWAV

ShockWave Medical's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:52 pm

TXRH

Texas Roadhouse shares are trading higher following the announcement of their Q4 financial results, indicating a positive market response to the company's performance.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:52 pm

TROX

Tronox Holdings projects its Q1 2024 adjusted EBITDA to be between $100M-$120M, with TiO2 volumes increasing by 12%-16% and Zircon volume rising by 15%-30%.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:51 pm

CWST

Casella Waste Systems projects its FY24 revenue to be between $1.489 billion and $1.510 billion, which is around the analyst estimate of $1.498 billion.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:50 pm

TXG

10x Genomics projects its FY24 revenue to be between $670M-$690M, which is below the estimated $702.06M.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:49 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) reported Q4 earnings with revenue of $953.79 million, surpassing the consensus estimate of $822.36 million, and a surprise profit of $1.04 per share against an expected loss of 1 cent per share. This marks the fourth consecutive quarter Coinbase has exceeded analyst expectations. Transaction revenue rose 83% QoQ to $529 million, while subscription and services revenue increased 12% QoQ to $375 million. Bitcoin and Ethereum represented significant portions of trading volume and transaction revenues. The company aims to focus on driving revenue, utility in crypto, and regulatory clarity in 2024. Coinbase anticipates Q1 subscription and services revenue between $410 million and $480 million, with $320 million in transaction revenue as of Feb. 13. Shares were up 8.41% after hours at $179.45.

Portfolio Pulse from Adam Eckert

February 15, 2024 | 9:48 pm

CMBM

Cambium Networks projects its FY 2024 adjusted EPS to be in the range of $(0.48) to $0.08, compared to the estimated $(0.23). The company also forecasts revenue to be between $215.0M and $245.0M, versus the estimated $226.208M.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:48 pm