Streetbeat News

Earnings

SD

SandRidge Energy reported a significant decrease in both earnings and sales for Q4, with earnings per share down 65.69% to $0.35 from $1.02 YoY, and sales down 39.54% to $33.93M from $56.11M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:35 pm

OFLX

Omega Flex reported a decrease in Q4 earnings per share to $0.48 from $0.61 YoY, and a sales decline to $28.15M from $30.82M YoY.

Portfolio Pulse from Happy Mohamed

March 06, 2024 | 9:35 pm

IPI

Intrepid Potash (NYSE:IPI) reported Q4 earnings with an EPS of $-0.41, missing estimates by -583.0% and a revenue decrease of $10.01 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 6.0% share price drop after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 9:35 pm

HBB

Hamilton Beach Brands (HBB) reported a significant increase in Q4 earnings per share (EPS) to $1.40, up 174.51% from $0.51 YoY. Sales also rose by 5.30% to $206.65M from $196.25M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:34 pm

VSEC

VSE Corporation (NASDAQ:VSEC) reported Q4 adjusted earnings per share of $0.85, surpassing the consensus estimate of $0.75 by 13.33%. Quarterly sales reached $235.32 million, slightly above the estimate of $234.91 million.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:34 pm

INO

Inovio Pharmaceuticals (NASDAQ:INO) reported Q4 2023 GAAP EPS of $(1.100), surpassing the $(1.270) estimate, but its sales of $103K fell short of the $344.2K estimate, marking a 17.60% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:34 pm

YEXT

Yext, Inc. (NYSE:YEXT) reported Q4 earnings of 10 cents per share, surpassing the 7 cents estimate and marking a 100% increase year-over-year. Q4 sales were $101.1 million, beating the $100.62 million estimate. The company highlighted its highest Direct Sales productivity in four years and a doubling in North America Enterprise Sales year-over-year. Yext's outlook for Q1 includes expected revenue of $96-$96.5 million, below the $99.783 million estimate, and adjusted earnings of 4-5 cents per share. For fiscal year 2025, Yext forecasts revenue of $400-$402 million and adjusted earnings of 30-31 cents per share, with new product releases anticipated in the second half of the year. Yext shares surged 17.3% in after-hours trading to $6.98.

Portfolio Pulse from Erica Kollmann

March 06, 2024 | 9:34 pm

KRO

Kronos Worldwide (NYSE:KRO) reported Q4 earnings, with a per-share loss of $(0.05), surpassing the $(0.14) estimate, and sales of $400.10M, exceeding the $379.06M estimate. This represents a significant improvement over the previous year's results.

Portfolio Pulse from Happy Mohamed

March 06, 2024 | 9:32 pm

IPI

Intrepid Potash (NYSE:IPI) reported Q4 2023 results with a loss of $(0.410) per share, missing the consensus estimate of $(0.070) by 485.71%. However, their sales of $56.700 million exceeded the $43.570 million estimate by 30.14%, despite being a 14.96% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:32 pm

BRCC

BRC (NYSE:BRCC) reported a Q4 2023 GAAP EPS of $(0.070), improving from $(0.090) YoY. However, its sales of $119.650M missed the $123.752M estimate, despite being a 27.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:32 pm