Streetbeat News

Earnings

IMRX

Immuneering reported Q4 earnings with a loss of $0.52 per share, missing the consensus estimate of $0.47 by 10.64%. This represents a 4% increase in losses compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:06 pm

PRME

Prime Medicine (NASDAQ:PRME) reported Q4 adjusted EPS of $(0.72), missing the consensus estimate of $(0.51) by 41.18%, marking a 28.57% increase in losses from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:04 pm

FSR

Fisker's stock is trading lower following the announcement of disappointing Q4 financial results and the company's expectation of substantial doubt about its ability to continue as a going concern.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:01 pm

H

Hyatt Hotels (NYSE:H) received mixed analyst ratings over the past three months, with 9 analysts offering perspectives ranging from somewhat bullish to indifferent. The average 12-month price target for Hyatt is now $129.44, up from $113.71, indicating a positive outlook. Analysts from firms like JP Morgan, Wells Fargo, and RBC Capital have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Hyatt's financial indicators show a below-average market capitalization, revenue growth of 4.53%, and challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 1:00 pm

EVRI

Everi Holdings Inc. (NYSE:EVRI) reported Q4 sales of $192.00 million, missing expectations of $198.46 million, but posted adjusted earnings of 30 cents per share, beating estimates of 20 cents. The company announced a strategic combination with IGT's Gaming and Digital businesses. Shares gained 5.1% to close at $11.86. Analysts from Jefferies and Truist Securities adjusted their price targets and downgraded the stock following the results.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 12:59 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) reported a fiscal 2023 net revenue growth of 27.1% to $891.234 million, missing the consensus estimate of $900.29 million. The net loss per share widened to $(2.30), below the consensus of $(1.61), primarily due to increased investments in growth and expansion, and significant non-cash charges. Operating loss expanded to $(1.343) billion from $(679.55) million in 2022, with net cash used in operating activities totaling $(1.106) billion. Despite these challenges, PLUG launched new products in the energy business and aims to strengthen its financial profile in 2024. PLUG shares dropped 5.95% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

March 01, 2024 | 12:58 pm

SATS

EchoStar's shares have declined following the announcement of a decrease in its Q4 earnings per share (EPS) compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:55 pm

SANA

Sana Biotechnology shares are trading higher following the announcement of improved Q4 financial results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:54 pm

TDW

Tidewater's stock is trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:53 pm

GRBK

Green Brick Partners shares are trading lower following the announcement of Q4 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:52 pm