Streetbeat News

Earnings

AJG

Arthur J. Gallagher (NYSE:AJG) reported Q4 earnings with an EPS of $1.85, which was in line with estimates. Revenue increased by $404 million compared to the same period last year. Despite beating EPS estimates last quarter, AJG's share price dropped by 0.72% the following day. Historical earnings performance shows fluctuations in EPS and revenue over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:20 pm

FISI

Financial Institutions (NASDAQ:FISI) reported Q4 earnings with an EPS of $0.61, missing the estimate of $0.71 by 14.08%. Revenue decreased by $3.26 million compared to the same period last year. In the previous quarter, FISI beat the EPS estimate but the share price fell by 2.69% the following day.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 9:20 pm

FHI

Federated Hermes (NYSE:FHI) reported Q4 2023 earnings per share (EPS) of $0.96, surpassing the consensus estimate of $0.83 by 15.66%. However, their quarterly sales of $391.50 million fell short of the expected $396.98 million by 1.38%, despite being a 4.71% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:20 pm

FUSB

First US Bancshares (NASDAQ:FUSB) reported a slight increase in quarterly earnings, with Q4 EPS at $0.36, up from $0.35 YoY, marking a 2.86% increase.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:19 pm

FISI

Financial Institutions (NASDAQ:FISI) reported Q4 earnings of $0.61 per share, missing the consensus estimate of $0.71 by 14.08%. Year-over-year, earnings decreased by 19.74% from $0.76 per share. Quarterly sales were $39.89M, falling short of the $40.32M estimate by 1.08% and representing a 7.56% decrease from the previous year's $43.15M.

Portfolio Pulse from mahesh@benzinga.com

January 25, 2024 | 9:18 pm

AJG

Arthur J. Gallagher (NYSE:AJG) reported Q4 2023 earnings of $1.85 per share, meeting analyst consensus estimates. Quarterly sales were $2.43B, surpassing the $2.36B estimate by 2.88% and marking a 19.87% increase from $2.03B in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:18 pm

FFBC

First Financial Bancor (NASDAQ:FFBC) reported Q4 adjusted EPS of $0.62, surpassing the consensus estimate of $0.61 by 1.64%. However, this represents a 15.07% decrease from the $0.73 per share earned in the same quarter last year. Quarterly sales reached $213.93M, exceeding expectations by 3.19% and matching the sales from the same period last year.

Portfolio Pulse from bharat@benzinga.com

January 25, 2024 | 9:18 pm

AJG

Arthur J. Gallagher (NYSE:AJG) reported Q4 sales of $2.43 billion, surpassing the analyst consensus estimate of $2.36 billion by 2.88% and marking a 19.87% increase from $2.03 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:17 pm

ABCB

Ameris Bancorp (NASDAQ:ABCB) reported Q4 adjusted EPS of $1.07, missing the consensus estimate of $1.10, and sales of $262.35M, also missing the estimate of $264.66M. Compared to last year, EPS decreased by 8.55% and sales by 3.72%.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 9:17 pm

MSFT

Analysts from Piper Sandler and Oppenheimer maintain positive outlooks on Microsoft Corp (NASDAQ:MSFT), citing strong growth in Azure and potential in AI innovations. Piper Sandler's Brent A. Bracelin has an Overweight rating with a price target of $455, highlighting Azure's potential to reach $95 billion in revenue within two years and O365's growth. Oppenheimer's Timothy Horan, with an Outperform rating and a $410 price target, emphasizes Microsoft's full-stack AI capabilities and the importance of the upcoming quarterly report on January 30 to gauge progress in AI monetization.

Portfolio Pulse from Anusuya Lahiri

January 25, 2024 | 9:17 pm