Streetbeat News

Earnings

PBR

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) reported Q4 earnings with an EPS of $0.96, missing estimates by -7%, and a revenue decrease of $3.06 billion from the previous year. The company's past earnings miss was followed by a 10% share price drop.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 11:35 am

GORV

Lazydays Holdings (GORV) reported a significant miss in both Q4 adjusted EPS and sales, with losses per share of $(1.09) against an estimate of $(0.62) and sales of $198.03M against an estimate of $227.72M. This represents a 5350% increase in losses per share and an 18.67% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:33 am

AQN

Algonquin Power & Utilities announced it will not provide adjusted EPS guidance for 2024 due to uncertainty surrounding the planned sale of its renewable energy business.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:33 am

AQN

Algonquin Power (NYSE:AQN) reported Q4 adjusted EPS of $0.16, surpassing the $0.15 estimate, with sales of $666.90M exceeding the $652.95M forecast. However, this represents a 27.27% decrease in earnings and a 10.84% decrease in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:32 am

PBR

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) reported Q4 earnings with an EPS of $0.96, missing estimates by -7%, and a revenue decrease of $3.06 billion from the previous year. The company's past earnings miss was followed by a 10% share price drop.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 11:30 am

PBR

Petrobras Brasileiro (PBR) reported Q4 sales of $27.11B, surpassing the $26.94B estimate, marking a 0.62% beat but a 10.16% decrease from last year's $30.17B.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:12 am

EVEX

Eve reported a net loss of $39.3 million in Q4 2023, nearly doubling from a $20.1 million loss year-over-year. The company's liquidity, including undrawn portions of the BNDES credit lines, stands at $316.3 million.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:09 am

ASAN

Asana, Inc. (NYSE:ASAN) is anticipated to report a narrower Q4 loss of 10 cents per share compared to last year's 15 cents, with revenue expected at $167.68 million, up from $150.23 million. Following better-than-expected Q3 results, ASAN shares rose 1.1%. Analysts have updated their ratings, with Piper Sandler maintaining an Underweight rating but raising the price target to $18, Morgan Stanley maintaining an Equal-Weight rating with a price target cut to $21, HSBC downgrading to Reduce with an $18 target, and Citigroup maintaining a Neutral rating with a target cut to $20.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 10:54 am

ASLE

BBAI

COST

MDB

MRVL

PBR

RDNT

RWAY

AerSale Corporation reported disappointing Q4 financial results, leading to a 19.4% drop in pre-market trading. Other stocks like BigBear.ai, Petrobras, MongoDB, RadNet, Runway Growth Finance, Marvell Technology, and Costco also saw declines due to various negative financial updates.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 10:54 am

AQN

BPTH

CEPU

CRMT

DXYN

GCO

GORV

PBR

Earnings reports are scheduled for March 8, 2024, for several companies across various sectors. Notable mentions include Algonquin Power, Lazydays Hldgs, Genesco, Dixie Gr, Petroleo Brasileiro S.A.- Petrobras, America's Car-Mart, Bio-Path Hldgs, and Central Puerto, with a mix of expected profits and losses.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 10:54 am