Streetbeat News

Earnings

SKX

Skechers 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 01, 2024 | 9:45 pm

DXC

DXC Technology projects its Q4 2024 adjusted EPS to be between $0.80 and $0.85, with revenue expectations ranging from $3.350 billion to $3.390 billion.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:45 pm

BZH

Beazer Homes USA (NYSE:BZH) reported Q1 earnings of $0.70 per share, missing the consensus estimate of $0.71. Sales were $386.82M, also below the expected $424.25M, marking a decrease from the previous year's figures in both earnings and sales.

Portfolio Pulse from totan@benzinga.com

February 01, 2024 | 9:45 pm

EVBN

Evans Bancorp (EVBN) reported Q4 earnings of $1.85 per share, surpassing the analyst consensus estimate of $0.45 by 311.11%. This represents a 68.18% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:45 pm

DECK

Deckers Outdoor reported its Q3 2024 adjusted earnings per share (EPS) at $15.11, surpassing the estimated $11.48. Additionally, its revenue reached $1.560 billion, exceeding the forecast of $1.448 billion.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:44 pm

TEAM

Atlassian Corporation (NASDAQ:TEAM) shares fell in after-hours trading despite reporting Q2 earnings and sales above analyst expectations. Earnings per share were 73 cents, surpassing the consensus of 62 cents. Sales reached $1.06 billion, above the expected $1.02 billion. Subscription revenue grew by 31% year-over-year to $932 million. The company also provided positive Q3 guidance and full-year cloud revenue growth estimates. Despite these results, TEAM shares dropped 9.38% to $231.00 in after-hours.

Portfolio Pulse from Ryan Gustafson

February 01, 2024 | 9:43 pm

DECK

Deckers Outdoor Corporation's shares surged following the announcement of their Q3 financial results, which exceeded expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:43 pm

X

United States Steel Corporation (NYSE:X) reported Q4 earnings of 67 cents per share, surpassing the analyst consensus of 26 cents. Quarterly sales were $4.14 billion, exceeding estimates of $3.76 billion but showing a 4.47% year-over-year decrease. The fiscal year 2023 adjusted net earnings were $1.195 million, or $4.73 per diluted share. A dividend of 5 cents per share was declared, payable on March 13. The company highlighted a definitive merger agreement with Nippon Steel Corporation, marking 2023 as a pivotal year.

Portfolio Pulse from Erica Kollmann

February 01, 2024 | 9:42 pm

EMN

Eastman Chemical (NYSE:EMN) reported Q4 earnings with an EPS of $1.31, slightly beating the estimate of $1.3, marking a 0.77% beat. However, revenue saw a decrease of $166 million from the same period last year. In the previous quarter, EMN beat the EPS estimate by $0.02, leading to a 3.54% share price increase the following day. The company has shown varied performance over the past quarters, with both earnings and revenue fluctuating.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:40 pm

ORC

Orchid Island Cap (NYSE:ORC) reported Q4 earnings, beating estimates with an EPS of $-0.13 against an expected $-0.25, despite a revenue decrease of $5.17 million from the previous year. The company had previously missed EPS estimates last quarter, leading to a 3.43% share price drop. Historical performance shows fluctuating EPS and revenue over the past quarters. Management provided positive guidance for Q4 2023, expecting earnings between $0.52 and $0.52 per share.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:40 pm