Streetbeat News

Earnings

U

Unity Software's shares dropped following mixed Q4 financial results and the company's future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

EVER

EverQuote's stock price increased following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

CARG

CarGurus shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

HIMS

Hims & Hers Health's shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

NVDA

QQQ

The article discusses the potential impact of seasonal weakness on growth stocks, particularly focusing on the Nasdaq 100, represented by QQQ. It outlines four scenarios ranging from very bullish to super bearish for QQQ, influenced by factors like Nvidia's (NVDA) earnings, market conditions, and Federal Reserve actions. Each scenario is assigned a probability by the author, Dave, with the mildly bearish scenario deemed most likely at 45%.

Portfolio Pulse from David Keller

February 27, 2024 | 1:30 pm

TMDX

TransMedics shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

TREX

Trex Company, Inc. shares experienced an increase following the announcement of their fourth-quarter financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

ZM

Zoom's shares surged following the announcement of its Q4 financial results, which exceeded expectations. The company also provided optimistic Q1 and FY25 adjusted EPS guidance and announced a $1.5 billion stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:29 pm

WDAY

Workday's shares dropped following the announcement of its Q4 financial results, the reiteration of its guidance, and the news of its intent to acquire HiredScore.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:29 pm

BEAM

Beam Therapeutics (NASDAQ:BEAM) reported Q4 earnings with an EPS of $1.73, surpassing the estimated -$1.01 by 271%. Revenue increased by $296.15 million year-over-year. Despite beating EPS estimates in the past, such outperformance was previously followed by a 3.0% share price drop the next day.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 1:25 pm