Streetbeat News

Earnings

PEN

Penumbra (NYSE:PEN) reported Q4 2023 adjusted EPS of $0.76, surpassing the $0.70 estimate, marking a 375% increase from the previous year. However, its sales of $284.68M fell short of the $286.56M estimate, despite a 28.69% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:14 pm

IRTC

iRhythm Technologies projects its FY24 revenue to be in the range of $575M-$585M, which is around the analyst estimate of $581.062M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:14 pm

SFM

Sprouts Farmers Market (SFM) reported Q4 2023 earnings of $0.49 per share, surpassing the consensus estimate of $0.45. Sales reached $1.70 billion, exceeding the $1.69 billion estimate and marking a 7.77% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:13 pm

MP

MP Materials reported Q4 2023 adjusted EPS of $(0.02), surpassing the $(0.04) estimate, but its sales of $41.20M fell short of the $45.73M forecast. This represents a 55.81% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:13 pm

DRH

Diamondrock Hospitality (NYSE:DRH) reported a decrease in Q4 FFO to $0.18 per share from $0.23 YoY, but sales increased to $263.55M, beating estimates of $261.45M.

Portfolio Pulse from saritha@benzinga.com

February 22, 2024 | 9:13 pm

MRVI

Maravai LifeSciences shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:13 pm

GLPG

Galapagos anticipates a further reduction in its cash burn for FY24, projecting it to be in the range of €280M-€320M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:12 pm

FND

Floor & Decor Holdings (FND) reported Q4 2023 GAAP EPS of $0.34, surpassing the $0.26 estimate, with sales of $1.05B also beating the $1.01B estimate. However, this represents a 46.88% decrease in earnings per share compared to the same period last year, while sales remained consistent year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:12 pm

UPLD

Upland Software (NASDAQ:UPLD) reported Q4 2023 adjusted EPS of $0.14, missing the $0.18 estimate, but sales of $72.18M exceeded the $71.35M estimate. This represents an 8.42% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:12 pm

SPXC

SPX Techs forecasts its FY24 adjusted EPS to be in the range of $4.85-$5.15, surpassing the estimated $4.72.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:11 pm