Streetbeat News

Earnings

DPZ

Domino's Pizza reported a Q4 US same store sales growth of +2.8% and an international same store sales growth of +0.1%.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:11 am

DPZ

Domino's Pizza (NYSE:DPZ) reported Q4 earnings of $4.48 per share, surpassing the $4.37 estimate, but missed sales estimates with $1.40B against the expected $1.42B. Earnings per share increased by 1.13% from last year, while sales saw a 0.79% increase.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:10 am

FDP

Fresh Del Monte Produce (FDP) is exploring strategic alternatives for its Mann Packing operation following a strategic review. This review led to a non-cash impairment of $131.2 million, primarily associated with Mann Packing. The company aims to improve profitability through innovations, strategic partnerships, and cost control.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:09 am

FDP

Fresh Del Monte Produce (NYSE:FDP) reported Q4 adjusted EPS of $0.25, missing the $0.30 estimate, and sales of $1.01B, missing the $1.03B estimate. This represents a 44.44% decrease in earnings and a 3.02% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:06 am

BGNE

BeiGene (NASDAQ:BGNE) reported Q4 earnings with a per-share loss of $(3.53), surpassing the $(3.73) estimate, marking a 17.72% improvement year-over-year. However, its sales of $634.41M slightly missed the $634.56M estimate, yet represented a 66.91% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:03 am

CCO

Clear Channel Outdoor reported Q4 sales of $632.11M, surpassing the estimated $610.14M, indicating a positive performance against market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:03 am

BRK

LI

NVDA

QQQ

SPY

US stocks may see a pause after a record rally, with caution returning ahead of key economic data. AI-leveraged stocks could provide support. Last week, buoyed by Nvidia's earnings, US stocks hit new highs. Analysts are optimistic about 2024, expecting narrow market focus and benefits from Fed rate cuts and election year optimism. Futures indicate a mixed opening. SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed slight premarket movements. Key companies like Berkshire Hathaway and Li Auto saw premarket gains following earnings reports.

Portfolio Pulse from Shanthi Rexaline

February 26, 2024 | 10:33 am

DPZ

KOS

KRYS

LI

Numerous companies are scheduled to report their earnings on February 26, 2024, covering a wide range of industries from energy to technology. Key reports include Kosmos Energy, Krystal Biotech, Li Auto, and Domino's Pizza, among others. The diversity of sectors represented suggests a comprehensive insight into the economic and business trends affecting these markets.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:47 am

KSPI

Kaspi.kz (KSPI) reported a significant increase in its Q4 earnings and sales, with EPS rising 45% YoY to $9.60 and sales increasing 45% YoY to $1.30 billion.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:35 am

LI

Li Auto's stock is trading higher following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company has provided guidance for Q1 that has positively influenced investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:11 am