Streetbeat News

Earnings

AMC

AMC Entertainment Holdings (NYSE:AMC) reported Q4 earnings, beating estimated earnings by 2.0% with an EPS of $-0.54 versus an estimate of $-0.55. Revenue increased by $113.10 million from the same period last year. Despite beating EPS estimates in the past, such as in Q3 2023, the share price dropped by 14% the following day.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:20 pm

BBSI

Barrett Bus Servs (NASDAQ:BBSI) reported Q4 earnings with an EPS of $2.16, beating estimates by 14%, and revenue increased by $4.73 million year-over-year. The company has a history of surpassing EPS estimates, leading to share price increases.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:20 pm

SOVO

Sovos Brands (NASDAQ:SOVO) reported Q4 earnings with a 37.0% beat on estimated EPS, reporting $0.26 versus an estimate of $0.19. Revenue increased by $29.95 million from the same period last year. The company has a history of beating EPS estimates, with a 0.0% share price increase the day after last quarter's earnings announcement.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:20 pm

EPR

EPR Props reported Q4 2023 FFO of $1.18 per share, surpassing the $1.16 estimate, and sales of $171.98M, exceeding the $150.41M estimate. Despite beating estimates, both earnings and sales saw a decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:20 pm

OKTA

Okta shares surged following the announcement of better-than-expected Q4 financial results and the issuance of strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:19 pm

JAZZ

Jazz Pharmaceuticals projects its FY24 adjusted EPS to be between $18.15 and $19.35, which is below the estimated $19.94. The company also forecasts revenue to be in the range of $4.00B to $4.20B, closely aligning with the estimated $4.088B.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:19 pm

EVTC

EVERTEC anticipates its 2024 total consolidated revenue to be between $844M and $854M, surpassing the estimated $770.426M. However, its adjusted EPS is expected to range from $2.82 to $2.94, slightly below the estimated $3.00.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:19 pm

CRM

Salesforce's stock is trading lower following the announcement of its Q4 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:18 pm

SOVO

Sovos Brands (NASDAQ:SOVO) reported Q4 2023 adjusted EPS of $0.26, surpassing the $0.19 estimate, with sales of $292.05M exceeding the $262.69M forecast. This represents an 11.43% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:18 pm

BBSI

Barrett Bus Servs (BBSI) reported Q4 2023 earnings of $2.16 per share, surpassing the $1.89 estimate, but missed sales estimates with $276.68M against the expected $281.20M. This represents a 1.74% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:18 pm