Streetbeat News

Earnings

SOI

Solaris Oilfield Infra (NYSE:SOI) reported Q4 2023 adjusted EPS of $0.15, missing the $0.19 estimate, and sales of $63.35M, missing the $65.55M estimate. This represents a 24.64% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:29 pm

AES

AES reported Q4 adjusted earnings of $0.73 per share, surpassing the $0.67 estimate, marking a 48.98% increase from last year. However, their sales of $2.97B fell short of the $3.36B estimate, a 3.01% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:29 pm

RIVN

Rivian Automotive announced an expected near-term negative impact on vehicle production and cost of revenues due to a planned shutdown of its Normal factory. The shutdown is anticipated to affect the company's ability to produce vehicles and increase production costs.

Portfolio Pulse from Charles Gross

February 26, 2024 | 10:25 pm

ASUR

Asure Software (NASDAQ:ASUR) reported Q4 adjusted EPS of $0.08, surpassing the $0.05 estimate, but its sales of $26.26M fell short of the $26.39M estimate. This represents a 52.94% decrease in earnings and a 10.34% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:23 pm

ASUR

Asure Software projects its FY24 revenue to be between $125.0M and $129.0M, surpassing the estimated $121.717M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:16 pm

ASUR

Asure Software projects its Q1 2024 revenue to be between $30.0M and $32.0M, which is below the estimated $32.569M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:15 pm

RLJ

RLJ Lodging Trust forecasts its FY24 Adjusted FFO per share to be between $1.55 and $1.75, aligning with an estimated $1.67. The company anticipates a 2.5%-5.5% growth in Comparable RevPAR. However, Q1 2024 is expected to see lower RevPAR growth due to the timing of Easter and challenging comparisons to the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:11 pm

AAN

Aarons (NYSE:AAN) reported Q4 2023 adjusted EPS of $(0.26), missing the $0.03 estimate, with sales of $529.48M also missing the $542.07M estimate. This represents a 10.19% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:10 pm

PUBM

PubMatic, Inc. (NASDAQ:PUBM) reported Q4 earnings with revenue and EPS surpassing expectations and provided strong guidance for future growth. Q4 revenue was $84.6 million, exceeding estimates of $78.2 million, and EPS was 45 cents, beating the 20 cents estimate. The company experienced a 14% year-over-year revenue growth and a 48% increase in net cash from operating activities. Active publishers grew by 9% compared to 2022. Additionally, PubMatic announced a new stock buyback program authorizing up to $100 million in stock repurchases. The company forecasts Q1 revenue between $61 million and $63 million, above estimates, and expects full-year 2024 revenue growth to be above 10%.

Portfolio Pulse from Adam Eckert

February 26, 2024 | 10:00 pm

SES

SES AI (NYSE:SES) reported its Q4 earnings, beating estimated earnings by 62.0% with an EPS of $-0.03 versus an estimate of $-0.08. However, revenue remained unchanged from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 3.0% the following day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:55 pm