Streetbeat News

Earnings

ENLT

Enlight Renewable Energy (NASDAQ:ENLT) reported Q4 earnings of $0.12 per share, missing the consensus estimate of $0.16. Quarterly sales were $73.83M, also below the estimate of $85.27M.

Portfolio Pulse from totan@benzinga.com

February 26, 2024 | 11:38 am

PLTK

Playtika Holding (PLTK) reported Q4 earnings of $0.10 per share, missing the consensus estimate of $0.17, a 58.33% decrease from last year. However, their sales of $637.90M exceeded estimates by 1.26%, marking a 1.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:36 am

FRPT

Freshpet projects its 2024 net sales to reach at least $950 million, surpassing the consensus estimate of $945.74 million. The company also forecasts an adjusted EBITDA between $100 million and $110 million, with capital expenditures around $210 million. This guidance indicates a minimum 24% increase in net sales from 2023.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:35 am

ELAN

Elanco Animal Health has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be in the range of $0.87 to $0.95, which compares to a consensus estimate of $0.89. This forecast suggests a potential for earnings to either meet or exceed market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:34 am

ELAN

Elanco Animal Health projects its fiscal year 2024 sales to range between $4.45 billion and $4.54 billion, aligning closely with the consensus estimate of $4.51 billion.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:34 am

GILT

Gilat Satellite Networks (NASDAQ:GILT) reported Q4 adjusted EPS of $0.11, surpassing the $0.07 estimate, but its sales of $75.60M fell short of the $75.98M estimate. This represents a 21.43% decrease in EPS from last year, despite a 4.09% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:33 am

ELAN

Elanco Animal Health is undergoing a restructuring that will affect around 420 employees. This move is expected to result in a charge of $50M-$55M to its 2024 reported results but will generate annual savings of $30M-$35M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:32 am

FRPT

Freshpet (NASDAQ:FRPT) reported Q4 earnings of $0.31 per share, surpassing the $0.05 estimate, marking a 616.67% increase from last year's losses. Sales reached $215.42M, beating the $204.36M estimate, a 29.90% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:32 am

ELAN

Elanco Animal Health (NYSE:ELAN) reported Q4 adjusted EPS of $0.08, missing the $0.11 estimate, a 57.89% decrease from last year. Sales were $1.03B, beating the $1.00B estimate, a 5.08% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:30 am

CCO

Clear Channel Outdoor reported a Q4 EPS of $0.05, surpassing the estimated $0.04, indicating a positive financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:20 am