Streetbeat News

Earnings

HRL

Hormel Foods (NYSE:HRL) reported Q1 adjusted EPS of $0.41, surpassing the $0.34 estimate, and sales of $3.00B, exceeding the $2.92B estimate. This represents a 2.5% increase in EPS and a 0.84% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:30 am

STER

Sterling Check has canceled its Q4 2023 earnings conference call due to its ongoing transaction with First Advantage. This decision reflects the significant developments in the transaction process between the two companies.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:28 am

EEX

Emerald Holding (NYSE:EEX) reported a significant decrease in Q4 EPS to $(0.46) from $0.06 YoY, with sales of $101.50M missing the $106.35M estimate but marking an 8.44% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:27 am

STER

Sterling Check (NASDAQ:STER) reported Q4 adjusted earnings of $0.21 per share, missing the consensus estimate of $0.25. Quarterly sales were $169.42M, also below the estimate of $172.91M, marking a slight decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:27 am

AMC

AMC Entertainment shares are trading lower following the release of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:27 am

OKTA

Okta shares surged following the announcement of its Q4 financial results, which exceeded expectations. The company also provided optimistic guidance for Q1 and the full fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:26 am

SIX

Six Flags Entertainment reported a Q4 adjusted EPS of $(0.09), missing the estimated $0.27, excluding merger-related transaction costs.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:25 am

SUZ

Suzano (NYSE:SUZ) reported Q4 earnings of $0.70 per share, surpassing the $0.69 estimate, with sales of $2.09B exceeding the $1.98B estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:25 am

CELH

Celsius Holdings (NASDAQ:CELH) reported Q4 earnings of $0.17 per share, surpassing the $0.15 estimate, marking a 241.67% increase from last year. Sales reached $347.44M, exceeding the $331.49M estimate, up 95.23% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:23 am

AI

AMC

QQQ

SPY

U.S. stock futures signal a cautious open amid inflation data anticipation, affecting market sentiment and specific stocks. The SPDR S&P 500 ETF Trust and Invesco QQQ ETF saw premarket declines. Various companies reported earnings, influencing their stock prices, including AMC Entertainment and c3.ai with significant movements. Upcoming economic data and Fed speeches are also in focus, potentially impacting market direction.

Portfolio Pulse from Shanthi Rexaline

February 29, 2024 | 11:22 am