Streetbeat News

Earnings

TILE

Interface (NASDAQ:TILE) reported Q4 adjusted EPS of $0.41, surpassing the $0.23 estimate, and sales of $325.10M, exceeding the $321.80M estimate. This represents a 32.26% increase in EPS and a 3.12% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:31 am

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Unity Software Inc. reported mixed Q4 results, with a revenue increase of 35% to $609 million but a larger-than-expected loss of 66 cents per share. The company's shares fell 17.7% in pre-market trading. Other stocks also moved lower in pre-market trading, including The Aaron's Company, Intuitive Machines, CarGurus, Nyxoah S.A., Five9, Workday, Gaotu Techedu, and Hess Corporation, due to various reasons such as missed estimates, mission failures, and financial results announcements.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 10:06 am

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QTRX

Numerous companies are scheduled to report their earnings on February 27, 2024, covering a wide range of industries from technology and healthcare to energy and financial services. The report includes a mix of expected quarterly losses and earnings, highlighting the diverse financial health and performance outlooks within the corporate landscape.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 10:01 am

SNN

Smith & Nephew reported a slight increase in FY adjusted EPS to $0.83 from $0.82 YoY and a 6.4% increase in sales to $5.55B from $5.21B YoY.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:59 am

SNN

Smith & Nephew reported a Q4 revenue of $1.458 billion, marking a 6.8% increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:55 am

GOTU

Gaotu Techedu (NYSE:GOTU) reported Q4 adjusted EPS of $(0.06), surpassing the $(0.07) estimate, and sales of $107.19M, exceeding the $100.49M estimate. This represents a 220% decrease in EPS from last year's $0.05, and a 17.42% increase in sales from $91.29M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:20 am

DOGEUSD

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PEPEUSD

SHIBUSD

Floki (FLOKI) announced reaching a staking total value locked (TVL) all-time high of $105 million, surpassing Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) in TVL. Over 25% of FLOKI's supply is staked, with investors potentially earning TOKEN rewards with an APY of up to 160%. Comparatively, Dogecoin's TVL is $3.78 million, Shiba Inu's $1.1 million, and Pepe Coin's $9.4 million. Cryptocurrency analyst Scofield predicted a price increase for FLOKI, which saw a 35% rise in a week.

Portfolio Pulse from Mehab Qureshi

February 27, 2024 | 9:17 am

QTRX

Quanterix Corporation (NASDAQ:QTRX) has reaffirmed its 2023 guidance, expecting GAAP gross margin in the high 50s percent and non-GAAP gross margin around 50%. The company rescheduled its Q4 earnings call to February 29, 2024, to align with the filing of its Annual Report for the year ended December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 8:10 am

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Investor optimism declined further as the CNN Money Fear and Greed index remained in the 'Extreme Greed' zone. U.S. stocks closed lower ahead of major economic reports due this week. Domino's Pizza Inc (DPZ) shares rose 5.9% after reporting better-than-expected Q4 earnings, while Intuitive Machines, Inc. (LUNR) shares fell 35% due to a lunar lander incident. The Dow Jones, S&P 500, and Nasdaq all closed lower. Investors await earnings from The J. M. Smucker Company (SJM), Macy's, Inc. (M), Lowe's Companies, Inc. (LOW), and AutoZone, Inc. (AZO).

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 7:26 am

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LOW

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U.S. stock futures are trading lower, impacting several companies. Lowe's and The J. M. Smucker Company are expected to report earnings, with Lowe's anticipated to post $1.68 per share on $18.45 billion revenue, and Smucker expected at $2.27 per share on $2.22 billion revenue. The Aaron's Company reported a Q4 loss with sales below estimates, causing a 26.9% drop in after-hours trading. Macy's is expected to earn $1.96 per share on $8.15 billion revenue. Unity Software reported mixed Q4 results and anticipates Q1 revenue between $415 million to $420 million, leading to a 19% drop in its shares.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 7:25 am