Streetbeat News

Earnings

EVCM

EverCommerce (NASDAQ:EVCM) reported Q4 earnings with an EPS of $-0.12, missing estimates by -192.0% against an expected $0.13. Revenue increased by $7.64 million from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 15.0% drop in share price.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:55 pm

BW

Babcock & Wilcox Enterprises' shares dropped following the announcement of disappointing Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:55 pm

DESP

Despegar.com's shares saw an increase following the announcement of their Q4 2023 results, which featured sales exceeding expectations despite mixed overall outcomes.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:54 pm

BLND

Blend Labs (NYSE:BLND) reported Q4 2023 GAAP EPS of $(0.09), meeting analyst consensus estimates. However, their quarterly sales of $36.104M fell short of the expected $36.928M, marking a 15.62% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:53 pm

ALTG

Alta Equipment Group (ALTG) reported Q4 2023 adjusted EPS of $0.03, surpassing the $(0.05) estimate, with sales of $521.5M exceeding the $483.694M forecast. This represents a 21.68% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:52 pm

DESP

Despegar.com reported Q4 2023 GAAP EPS of $(0.08), missing the $0.17 estimate, but its sales of $203.660M exceeded the $191.433M estimate, marking a 39.93% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:50 pm

AGRO

Adecoagro (NYSE:AGRO) reported a Q4 EPS of $(0.15), a significant decrease from $0.17 YoY. However, sales increased to $400.14M from $373.24M YoY, marking a 7.21% growth.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 8:50 pm

DESP

Despegar.com (NYSE:DESP) reported Q4 earnings with an EPS of $-0.08, missing estimates by -147.0% against an expected $0.17. Revenue increased by $58.12 million from the same period last year. Despite missing EPS estimates last quarter, DESP's share price increased by 0.0% the following day. Historical earnings show mixed performance with misses and beats in past quarters.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:50 pm

EVOK

Evoke Pharma forecasts its FY24 net revenue to be approximately $14M, closely aligning with the estimated $14.017M by analysts.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:50 pm

CTGO

Contango ORE, Inc. (CTGO) reported a net loss of $40.8 million or $4.44 per share for the six-month period ending December 31, 2023, compared to a net loss of $21.4 million or $3.15 per share for the same period in 2022. The increased loss was primarily due to a $23.4 million unrealized loss on derivative gold hedging contracts and increased interest and administrative costs. The company completed a senior secured loan facility of up to $70 million, invested $34.4 million in the Peak Gold JV, and raised $30.4 million through a public offering. Construction at the Manh Choh project, operated by Kinross Gold Corporation, is on schedule for initial production in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:49 pm