Streetbeat News

Earnings

SBOW

SilverBow Resources (SBOW) reported Q4 2023 adjusted EPS of $2.21, surpassing the $2.19 estimate. However, its sales of $212.04M fell short of the $229.59M estimate, marking a 6.57% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:26 pm

FOUR

Shift4 Payments Inc (NYSE:FOUR) received varied analyst outlooks despite missing Q4 gross revenue guidance due to a large enterprise client delay and a unique conversion challenge. RBC Capital and Mizuho analysts maintained positive ratings, with RBC raising the price target from $80 to $94 and Mizuho from $82 to $85. Piper Sandler also maintained an Overweight rating with a $93 price target. Analysts highlighted underlying growth drivers, a focus on the restaurant vertical, and strong EBITDA margins as reasons for optimism. Shares of FOUR closed up 11.80% at $85.90.

Portfolio Pulse from Anusuya Lahiri

February 28, 2024 | 10:23 pm

TASK

TaskUs projects its Q1 revenue to be between $222.5M and $224.5M, surpassing the estimated $219.04M. For FY24, the company anticipates revenue between $900M and $950M, compared to the estimated $914.46M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:22 pm

INN

Summit Hotel Properties projects its FY24 Adjusted Funds From Operations (AFFO) to be in the range of $0.90 to $1.00, compared to the estimated $0.91.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:21 pm

PRTG

Portage Biotech (NASDAQ:PRTG) reported a Q3 EPS loss of $(1.88), significantly missing the analyst consensus estimate of $(0.27) by 596.3%. This represents a 327.27% increase in losses compared to the $(0.44) per share loss reported in the same period last year.

Portfolio Pulse from Happy Mohamed

February 28, 2024 | 10:21 pm

ALKT

Alkami Technology, Inc. (ALKT) forecasts its Q1 GAAP total revenue to be between $74.5M and $76M, compared to the estimated $75.8M. For the fiscal year 2024, the company expects revenue to range from $327M to $333M, against analysts' expectations of $331.02M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:20 pm

DCGO

DocGo forecasts its 2024 revenue to be between $720M-$750M, which is below the estimated $753.94M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:18 pm

SRI

Stoneridge, Inc. (NYSE:SRI) reported Q4 2023 adjusted earnings per share (EPS) of $0.12, surpassing the consensus estimate of $0.10 by 20%. However, its quarterly sales of $229.50 million fell short of the expected $233.10 million by 1.54%, marking a 0.74% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:17 pm

SDRL

Seadrill (NYSE:SDRL) reported Q4 earnings of $0.95 per share, surpassing the $0.66 estimate, marking a 306.52% increase from last year. Sales reached $408M, beating the $383.16M estimate, a 78.95% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:17 pm

RXST

RxSight projects its FY24 revenue to be between $128M and $135M, surpassing the estimated $126.957M.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:16 pm