Streetbeat News

Earnings

AMC

AMC Entertainment's stock is trading lower following the announcement of its Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:57 pm

CIX

Compx Intl (CIX) reported a 38.46% increase in Q4 EPS to $0.54 from $0.39 YoY, and an 8.00% increase in sales to $43.20M from $40.00M YoY.

Portfolio Pulse from Happy Mohamed

February 28, 2024 | 9:56 pm

EE

Excelerate Energy (NYSE:EE) reported Q4 2023 adjusted EPS of $0.14, missing the $0.18 estimate, and sales of $240.06M, missing the $331.17M estimate. This represents a 47.25% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:56 pm

RCKY

Rocky Brands (NASDAQ:RCKY) reported Q4 2023 earnings of $0.98 per share, missing the $1.02 estimate, and sales of $125.95M, missing the $131.60M estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:56 pm

DCGO

DocGo shares are trading higher following the announcement of mixed Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:55 pm

KNTK

Kinetik Holdings (NYSE:KNTK) reported Q4 earnings with an EPS of $1.7, surpassing estimates by 262% and showing significant revenue growth of $53.38 million year-over-year. This performance contrasts with the previous quarter's miss on EPS estimates, which led to a 4% share price drop the following day.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:55 pm

DCGO

DocGo (NASDAQ:DCGO) reported Q4 earnings with an EPS of $0.07, missing estimates by -30.0% against an expected $0.1. Revenue increased by $90.45 million from the same period last year. Despite missing EPS estimates last quarter, the share price increased by 5.0% the following day.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:55 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) reported Q4 financial results with a revenue of $156.8 million, up 452% YoY, beating consensus estimates but missed EPS expectations with a loss of 2 cents per share. The company produced 4,242 Bitcoin in Q4, up 172% YoY, and ended the year with 15,126 Bitcoin. Marathon plans to increase its hash rate to 35-37 EH/s in 2024 and to 50 EH/s by 2025. Additionally, Marathon introduced a new multichain layer-two network on Bitcoin, Anduro, aimed at encouraging Bitcoin development and adoption.

Portfolio Pulse from Chris Katje

February 28, 2024 | 9:55 pm

STEM

Stem Inc. reported Q4 financial results that fell short of expectations, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:54 pm

FIGS

FIGS shares are trading lower following the announcement of mixed Q4 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:52 pm