Streetbeat News

Earnings

MNTX

Manitex International projects its FY24 revenues to be between $300M-$310M, aligning closely with the estimated $305.6M. The company also forecasts its adjusted EBITDA to range from $30M-$34M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:12 am

FREY

FREYR Battery (FREY) reported a Q4 adjusted EPS of $(0.13), surpassing the $(0.25) estimate, marking a significant improvement from the previous year. As of December 31, 2023, the company's cash and equivalents, including restricted cash, stood at $275.7M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:10 am

SIX

Six Flags reported a 6% year-over-year increase in Q4 attendance to 4.3 million, with total guest spending per capita slightly down by 1% to $64.19. Total revenue for the quarter rose by 5% to $293 million, while the company experienced a net loss of $22 million, contrasting with a net income of $10 million in the same period last year. Adjusted EBITDA remained nearly flat.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:10 am

MPLN

MultiPlan projects its FY24 revenues to be between $1.00 billion and $1.03 billion, aligning closely with the estimated $1.01 billion. The company also forecasts its adjusted EBITDA to range from $630 million to $650 million.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:10 am

TWI

Titan International has announced that it will not provide financial guidance at this time due to the extensive integration work required and the addition of new end markets.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:09 am

DOLE

Dole reported Q4 adjusted EPS of $0.16, surpassing the $0.07 estimate, marking a 128.57% beat and a 77.78% increase from last year's $0.09. However, their Q4 sales of $2.07B fell short of the $2.17B estimate, a 4.52% miss and a 12.05% decrease from the previous year's $2.36B.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:09 am

MNTX

Manitex International (NASDAQ:MNTX) reported Q4 adjusted EPS of $0.31, surpassing the $0.14 estimate, a 244.44% increase from last year's $0.09. Sales reached $78.65M, beating the $75M estimate but slightly down 0.21% from last year's $78.82M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:08 am

TWI

Titan International has acquired Carlstar Group LLC for around $296M in a cash and stock deal, valued at about 4x Carlstar's FY 2023 adjusted EBITDA of $73M. The acquisition is expected to boost Titan's earnings per share and operating margins in 2024. Carlstar, a global manufacturer and distributor of specialty tires and wheels, reported 2023 revenues of approximately $615M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:07 am

SIX

Six Flags Entertainment reported a Q4 GAAP EPS of $(0.27), a decrease from the previous year's $0.12 EPS.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:06 am

XRAY

Dentsply Sirona projects its fiscal year 2024 sales to be between $3.96B and $4.02B, slightly below the consensus estimate of $4.00B. The company also forecasts its adjusted EPS to range from $2.00 to $2.10, compared to the consensus estimate of $2.05.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:06 am