Streetbeat News

Earnings

CVNA

Carvana (NYSE:CVNA) reported Q4 2023 GAAP EPS of $(1.00), missing the $(0.95) estimate, with sales of $2.42B also missing the $2.53B estimate. This represents a 14.56% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:37 pm

FOXF

Fox Factory's shares dropped following the announcement of mixed Q4 financial results and the provision of Q1 and FY24 EPS and revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:37 pm

VIR

Vir Biotechnology reported Q4 2023 earnings with a GAAP EPS of $(0.86), surpassing the $(1.00) estimate. Sales reached $16.79M, exceeding the $12.15M forecast but marking a 66.03% decrease from the previous year's $49.41M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:37 pm

EVH

Evolent Health (EVH) reported Q4 sales of $556.05M, surpassing the analyst consensus estimate of $542.40M by 2.52%. This represents a 45.40% increase over the same period last year, where sales were $382.43M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:36 pm

SNBR

Sleep Number projects its FY24 adjusted EBITDA to be between $125M-$145M, with net sales expected to decrease by mid-single digits percentage. This forecast suggests a cautious outlook for the company's financial performance in the upcoming fiscal year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:36 pm

MRO

Marathon Oil (NYSE:MRO) reported Q4 earnings that exceeded analyst expectations with a 9.52% EPS surprise and a 2.15% revenue surprise. Despite challenges, the company's 2024 guidance is positive, with a strong Free Cash Flow outlook and an anticipated reversal of E.G. timing impacts in 1Q24. JPMorgan analyst Arun Jayaram rates MRO stock Overweight without a specific price target. MRO stock closed 1.4% higher at $23.98, remaining range-bound between $22 and $27 over the past year.

Portfolio Pulse from Surbhi Jain

February 22, 2024 | 9:35 pm

EOG

EOG Resources shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:35 pm

MRIN

Marin Software projects its Q1 revenues to be between $4M and $4.3M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:35 pm

FIX

Comfort Systems USA (NYSE:FIX) reported Q4 earnings with an EPS of $2.55, beating estimates by 15.91% and showing a revenue increase of $241 million YOY. This follows a pattern of exceeding EPS estimates and subsequent share price increases.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:35 pm

COLL

Collegium Pharmaceutical (NASDAQ:COLL) reported Q4 earnings with an EPS of $1.58, surpassing the estimate of $0.66 by 139.39%. Revenue increased by $20.12 million from the same period last year. The company has consistently beaten EPS estimates over the past four quarters, leading to a 6.6% share price increase the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:35 pm