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Earnings

NTCT

NetScout Systems, Inc. has updated its FY24 adjusted EPS guidance to a range of $2.15-$2.20, which is at the higher end of its previous forecast of $2.00-$2.20. This updated guidance surpasses the analyst estimate of $2.10.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:35 pm

NEE

NextEra Energy has reaffirmed its adjusted EPS guidance for FY2024 at $3.23-3.43, aligning with the $3.40 estimate. The company also projects a 6-8% growth in adjusted EPS for 2025 and 2026, with expected ranges of $3.45-3.70 and $3.63-4.00, respectively. Additionally, NextEra Energy anticipates a 10% annual growth in dividends per share through at least 2024, based on the 2022 dividend figures.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:35 pm

NTCT

NetScout Systems, Inc. has updated its FY24 revenue forecast to approximately $840 million, which is at the lower end of its previous guidance range of $840 million to $860 million. This new forecast is slightly below the consensus estimate of $842.92 million.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:35 pm

NTCT

NetScout Systems reported Q3 2024 adjusted EPS of $0.73, which may not be comparable to the analyst estimate of $0.37. The company's sales were $218.10 million, missing the estimate of $198.38 million.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:33 pm

NEE

NextEra Energy (NYSE:NEE) reported Q4 adjusted earnings per share (EPS) of $0.52, surpassing the analyst consensus estimate of $0.49 by 6.12%. This represents a 1.96% increase from the $0.51 EPS reported in the same quarter last year. Quarterly sales reached $6.88 billion, exceeding the consensus estimate of $5.70 billion by 20.65% and marking an 11.57% increase from the $6.16 billion reported in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

STBA

S&T Bancorp (NASDAQ:STBA) reported Q4 2023 earnings of $0.96 per share, surpassing the consensus estimate of $0.86 by 11.63%. However, this represents a 6.8% decrease from the $1.03 per share earned in the same quarter last year. Sales reached $103.17M, exceeding estimates by 3.41% but showing a 1.46% decline from the previous year's $104.70M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

BHLB

Berkshire Hills Bancorp (BHLB) reported Q4 2023 adjusted earnings per share (EPS) of $0.47, missing the consensus estimate of $0.49 by 4.08%. Year-over-year, this represents a 26.56% decrease from an EPS of $0.64. Quarterly sales were $90.44M, falling short of the $94.52M estimate by 4.31% and marking an 11.41% decrease from the previous year's $102.09M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:32 pm

FFWM

First Foundation (NYSE:FFWM) reported Q4 2023 adjusted EPS of $0.05, surpassing the $0.03 estimate, but experienced a significant year-over-year decline with an 85.71% decrease from $0.35. Sales for the quarter were $56.37M, falling short of the $62.82M estimate and marking a 31.21% decrease from the previous year's $81.94M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:16 pm

WTBA

West Bancorp (NASDAQ:WTBA) reported Q4 2023 earnings of $0.27 per share, missing the consensus estimate of $0.31 by 12.9%. Year-over-year, earnings decreased by 49.06% from $0.53 per share. Quarterly sales were $18.26M, falling short of the $18.82M estimate by 2.98% and representing a 20.38% decrease from the previous year's $22.93M.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:15 pm

VLY

Valley National Bancorp (NASDAQ: VLY) reported Q4 2023 adjusted earnings per share (EPS) of $0.22, missing the consensus estimate of $0.25 by 12%. Year-over-year, this represents a 37.14% decrease from the $0.35 EPS reported in the same period last year. Quarterly sales were $449.97 million, falling short of the $468.14 million estimate by 3.88% and marking a 13.24% decrease from the previous year's sales of $518.62 million.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 12:14 pm