Streetbeat News

Earnings

NCLH

Norwegian Cruise Line (NCLH) reported a Q4 2023 adjusted EPS loss of $(0.18), missing the $(0.14) estimate, but sales of $1.99B exceeded the $1.97B estimate, marking a 30.77% increase from the previous year.

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February 27, 2024 | 12:31 pm

TWKS

Thoughtworks Holding (TWKS) reported Q4 earnings of $0.02 per share, missing the consensus estimate of $0.03, and sales of $252.39M, missing the estimate of $267.55M. This represents an 80% decrease in earnings and an 18.78% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:24 pm

M

Macy's announced that starting in 2025, its capital expenditure will be lower than the levels of 2024. Additionally, the company expects its free cash flow to return to pre-pandemic levels.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:21 pm

ARVN

Arvinas Inc. (ARVN) reported a Q4 EPS loss of $2.53, missing the consensus estimate of $1.28 by 97.66%. This represents a 62.18% increase in losses compared to the same period last year. The company's cash balance of $1,266.5M is expected to provide a cash runway into 2027.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:18 pm

JKS

JinkoSolar's subsidiary, Jiangxi Jinko, reported preliminary full year 2023 revenues of RMB118.68 billion under PRC GAAP. JinkoSolar owns approximately 58.59% of Jiangxi Jinko. The preliminary unaudited net income attributable to Jiangxi Jinko's shareholders was RMB7.49 billion, excluding extraordinary gains and losses, it was RMB7.00 billion.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:17 pm

ZNTL

Zentalis Pharma reported a slight improvement in its FY EPS, moving from $(4.48) to $(4.47) YoY. The company also announced a cash balance of $483M, projecting a cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:15 pm

ZVIA

Zevia has projected its Q1 net sales to be between $38M-$40M, which falls short of the estimated $49.414M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:13 pm

SEE

Sealed Air projects its FY24 adjusted EPS to range between $2.65 and $3.05, compared to the $3.03 estimate. The company also forecasts FY24 net sales to be between $5.2B and $5.6B, against the $5.5B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm

LGND

Ligand Pharmaceuticals has reaffirmed its financial guidance for FY24, projecting EPS of $4.25-$4.75 and total revenue of $130M-$142M. This guidance, initially introduced during its Investor and Analyst Day on December 12, 2023, includes expected royalties of $90M-$95M, Captisol sales of $25M-$27M, and contract revenue of $15M-$20M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm

RCM

R1 RCM projects its FY24 revenue to be in the range of $2.625 billion to $2.675 billion, which is below the estimated $2.69 billion. The company also forecasts GAAP operating income between $105 million to $135 million and adjusted EBITDA between $650 million to $670 million.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm