Streetbeat News

Earnings

TMHC

Taylor Morrison Home (TMHC) reported Q4 2023 adjusted EPS of $2.05, surpassing the $1.74 estimate, with sales of $2.02B also beating the $1.84B estimate. However, this represents an 18.94% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:24 am

AVNT

Avient Corporation (AVNT) reported a Q1 adjusted EPS of $0.68, surpassing the $0.59 estimate. For FY24, the company projects an adjusted EPS of $2.40-$2.65, compared to the $2.53 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:23 am

AVNT

Avient (NYSE:AVNT) reported Q4 adjusted EPS of $0.52, surpassing the $0.47 estimate, and sales of $719M, exceeding the $709.97M estimate. This represents a 33.33% increase in EPS and a 9.03% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:21 am

VPG

Vishay Precision Group (VPG) reported Q4 2023 adjusted EPS of $0.61, surpassing the $0.36 estimate, with sales of $89.53M also beating the $79.69M estimate. However, this represents a 6.97% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:18 am

ES

Eversource Energy (NYSE:ES) reported Q4 FY23 revenue of $2.69 billion, missing the consensus of $3.24 billion. Adjusted EPS of $0.95 also missed the consensus of $0.97. The company announced the sale of its 50% stake in South Fork Wind and Revolution Wind to Global Infrastructure Partners, expecting to realize $1.1 billion and use it to repay debt. Eversource is also exploring the sale of its water business. Shares rose 1.10% in premarket trading.

Portfolio Pulse from Lekha Gupta

February 14, 2024 | 11:15 am

CGAU

Centerra Gold announced it met its 2023 production guidance, with Q4 gold production reaching 129,259 ounces. The company starts 2024 with over $600M in cash and equivalents.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:14 am

SITE

SiteOne Landscape Supply projects its FY24 Adjusted EBITDA to be between $420M-$455M. The company anticipates sales volume growth to counteract price deflation, leading to a low single-digit organic daily sales growth for the full year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:08 am

GLSI

Greenwich Lifesciences announced an update on the Phase 3 Flamingo-01 trial of its cancer immunotherapy, GLSI-100. The update is crucial for investors as it marks a significant milestone in the company's development of treatments for cancer.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:07 am

GNRC

Generac Holdings forecasts a 3%-7% sales growth for 2024, driven by residential product sales, despite a projected 10% decline in C&I product sales. The company anticipates a net income margin of 6.5-7.5% and an adjusted EBITDA margin of 16.5-17.5%, with strong cash flow generation.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:05 am

LPX

Louisiana-Pacific projects an increase in Siding Net sales by 3%-5% for Q1 and 8%-10% for 2024. The company also forecasts Consolidated Adjusted EBITDA to be between $130 million to $145 million for Q1 and $495 million to $525 million for 2024.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 11:04 am