Streetbeat News

Earnings

ABNB

Airbnb Inc (NASDAQ:ABNB) shares fell after reporting strong Q4 revenues but mixed guidance. Analysts adjusted ratings and price targets, noting solid performance but cautioning on Q1 growth and 2024 margin expectations. Investments in AI and international expansion were highlighted, with varying opinions on their impact.

Portfolio Pulse from Priya Nigam

February 14, 2024 | 6:19 pm

AZTR

DTSS

SONY

Sony Group Corporation's shares fell by 6.3% after reporting Q3 financial results with sales growth of 22% and an EPS beat, but revised its FY23 sales outlook downwards. Other stocks showed significant movements, with notable gainers including Datasea Inc., Earlyworks Co., Ltd., and enGene Holdings Inc., and losers like Azitra, Inc., Ohmyhome Limited, and QuidelOrtho Corporation.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 6:18 pm

DDOG

Datadog, Inc. (NASDAQ:DDOG) reported Q4 sales exceeding expectations with a 26% year-on-year increase to $589.649 million, and an adjusted EPS of 44 cents, aligning with consensus. FY24 EPS guidance was below estimates, projecting $1.38-$1.44 versus the consensus of $1.83. Despite this, Datadog shares rose 4% to $136.97. RBC Capital and Wolfe Research raised their price targets for Datadog following these results.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 6:15 pm

CHEF

Chefs' Warehouse shares are trading higher following the announcement of better-than-expected Q4 results.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:08 pm

SSNC

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) reported Q4 results surpassing expectations with adjusted earnings of $1.26 per share and sales of $1.41 billion. The company forecasts FY24 adjusted revenue between $5.667 billion and $5.867 billion, and EPS between $4.85 and $5.15. Following the announcement, SSNC shares rose 4.2% to $62.69. Analysts from Needham and RBC Capital raised their price targets for SSNC to $70 and $72, respectively.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 6:08 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) is set to report its Q4 financial results, with analysts expecting $822.36 million in revenue and a loss of 1 cent per share. The company has a history of beating revenue estimates but has missed EPS estimates in four of the last seven quarters. Analysts have mixed views, with upgrades and downgrades based on the potential impact of Bitcoin ETFs, international expansion, and competition. Key points include the launch of Bitcoin ETFs, international expansion, and the diversification of cryptocurrencies.

Portfolio Pulse from Chris Katje

February 14, 2024 | 6:04 pm

GEO

GEO Group (NYSE:GEO) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts estimating an EPS of $0.18. Historical data shows mixed reactions to past earnings, with the last quarter's miss leading to a 1.8% drop in share price. Shares have risen 11.7% over the last year, indicating positive sentiment among long-term investors. The upcoming report's guidance will be crucial for short-term stock movement.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 6:02 pm

KO

PEP

Coca Cola (KO) and PepsiCo (PEP) reported their latest earnings, showing resilience in the US consumer market despite changing habits. Coca Cola's sales exceeded expectations with a 7% revenue growth, while PepsiCo saw a 3.5% decline in North America sales and a slight global revenue drop. Both companies are adjusting to consumer price sensitivity, with Coca Cola experiencing strong growth in premium segments. Coca Cola also provided guidance, expecting currency exchange rates to impact its financials.

Portfolio Pulse from Upwallstreet

February 14, 2024 | 6:02 pm

GTX

Garrett Motion (NASDAQ:GTX) is scheduled to release its quarterly earnings report on February 15, 2024. Analysts predict an EPS of $0.22. The company's past earnings performance shows a history of beating EPS estimates, which has positively impacted its stock price. Shares are currently trading at $8.34, with a 0.61% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's future guidance.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 6:02 pm

HTGC

Hercules Capital (NYSE:HTGC) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $0.50. The company's past performance shows a mix of earnings beats and subsequent stock price movements. Shares are currently trading at $17.45, up 16.71% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 6:02 pm