Streetbeat News

Earnings

CLH

Clean Harbors, Inc. (CLH) anticipates an adjusted EBITDA growth of 2-3% for the first quarter. This projection reflects the company's positive outlook and potential for increased profitability during this period.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:33 pm

CLH

Clean Harbors reported Q4 2023 adjusted EPS of $1.82, surpassing the $1.69 estimate, but its sales of $1.34B fell short of the $1.36B estimate. This represents a 4.85% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:32 pm

ROCK

Gibraltar Industries (NASDAQ:ROCK) reported Q4 adjusted EPS of $0.85, meeting analyst estimates, with an 18.06% increase over last year. However, sales of $328.80M missed estimates by 0.76%, though they were up 4.76% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:32 pm

RGEN

Repligen (NASDAQ:RGEN) reported Q4 earnings of $0.33 per share, meeting analyst estimates, and sales of $155.74M, slightly beating the $155.39M estimate. This represents a 51.47% decrease in earnings and a 16.61% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:32 pm

GRMN

Garmin's shares surged following the announcement of its Q4 financial results, with FY24 revenue guidance surpassing expectations. The company also plans to increase its annual dividend and has authorized a share buyback program.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:30 pm

WKME

WalkMe provided its financial outlook, expecting FY24 revenue to be between $279M-$283M, below the $286.55M estimate. For Q1, revenue is anticipated to be between $67.6M-$68.6M, also below the $69.34M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:29 pm

HSBC

HSBC Holdings PLC (NYSE:HSBC) shares dropped in premarket trading after reporting a decline in fourth-quarter revenue by 11% year-over-year to $13.021 billion, with net interest income (NII) falling 7% to $8.28 billion. The decline was attributed to notable items totaling $(2.7) billion. Despite the quarterly decline, FY23 saw a revenue increase of over 30% to $66.1 billion, with a significant rise in profit before tax to $30.3 billion, although below analysts' expectations. The bank also announced a new share buyback of up to $2.0 billion and a fourth interim dividend of $0.31 per share, with a total 2023 dividend of $0.61 per share. HSBC expects NII of at least $41 billion and a return on tangible equity in the mid-teens for 2024.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 12:26 pm

PLAB

Photronics shares are trading lower following the announcement of Q1 financial results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:26 pm

VRSK

Verisk has issued its FY24 outlook, projecting revenues to be between $2.840 billion and $2.900 billion, compared to the estimated $2.87 billion. The adjusted EPS is forecasted to be between $6.30 and $6.60, slightly below the estimated $6.61.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:25 pm

PRG

PROG Holdings forecasts its FY24 revenues to be in the range of $2.235B-$2.335B, which is around the current estimate of $2.31B. However, its projected adjusted EPS of $2.70-$3.00 falls short of the estimated $3.28.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:25 pm