Streetbeat News

Earnings

KNSL

Kinsale Cap Gr (NYSE:KNSL) reported Q4 earnings with an EPS of $3.87, beating estimates by 14.16% and showing a revenue increase of $108.21 million year-over-year. Despite past earnings beats, the company experienced a 19.56% share price drop the day after last quarter's earnings were announced. The company has consistently outperformed EPS estimates over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 9:35 pm

PRAA

PRA Group (NASDAQ:PRAA) reported Q4 earnings, surpassing estimated earnings by 40.54% with an EPS of $-0.22 against an estimate of $-0.37. However, revenue decreased by $1.43 million from the previous year. Following last quarter's earnings beat, PRAA's share price increased by 16.64% the next day.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 9:35 pm

PRAA

PRA Group (NASDAQ:PRAA) reported Q4 2023 earnings with a GAAP EPS of $(0.22), surpassing the $(0.37) estimate. Sales reached $221.42M, exceeding the $208.25M forecast, yet marking a slight 0.64% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:32 pm

IR

Ingersoll Rand projects its 2024 adjusted EPS to be between $3.14 and $3.24, compared to the estimated $3.17. The company also expects revenue growth to be in the range of 5-7%.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:32 pm

CPS

Cooper-Standard Holdings (NYSE:CPS) reported Q4 earnings with a loss of $(1.79) per share, missing the $(0.79) estimate by 126.58%, and sales of $673.64M, missing the $692.80M estimate by 2.77%. Despite these misses, both losses and sales showed an improvement over the previous year, with losses decreasing by 3.24% and sales increasing by 3.74%.

Portfolio Pulse from Happy Mohamed

February 15, 2024 | 9:32 pm

GO

Grocery Outlet Holding has announced its agreement to acquire United Grocery Outlet (UGO), expanding its presence into six new states with 40 stores and a distribution center. The acquisition, expected to close early in Q2, is anticipated to be modestly accretive to 2024 earnings. Additionally, Grocery Outlet plans to open 15 to 20 stores in existing markets in 2024, totaling 55 to 60 net new stores.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:32 pm

IR

Ingersoll Rand (NYSE:IR) reported Q4 2023 adjusted EPS of $0.86, surpassing the $0.77 estimate, with sales of $1.82B also beating the $1.78B estimate. This represents a 12.13% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:31 pm

ROKU

Roku Inc (NASDAQ:ROKU) reported Q4 financial results with a revenue of $984.42 million, up 14% YoY, beating Street estimates. EPS was a loss of 55 cents, also beating estimates. The company ended Q4 with 80 million active accounts and announced it added 10 million new accounts in 2023. Roku launched branded TVs in early 2023 and expects Q1 2024 revenue of $850 million with a net loss of $90 million. Shares fell 16% in after-hours trading.

Portfolio Pulse from Chris Katje

February 15, 2024 | 9:31 pm

DASH

WAFU

ZCMD

In Thursday's after-market session, several consumer discretionary stocks showed significant movement. Wah Fu Education Group led the gainers with a 68.6% increase, while ZHONGCHAO experienced the largest decline at 13.4%. Notably, DoorDash's shares fell by 8.53% following their Q4 earnings release.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 9:31 pm

TSLX

Sixth Street Specialty (NYSE:TSLX) reported Q4 2023 adjusted EPS of $0.62, surpassing the $0.58 estimate, but its sales of $111.78M fell short of the $113.58M forecast. This represents a 4.62% decrease in EPS and an 11.61% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:31 pm