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Earnings

AAPL

AMZN

GOOGL

META

MSFT

NVDA

TSLA

Jim Cramer evaluated the earnings of the 'Magnificent Seven' mega-cap companies, praising NVIDIA and Amazon for their strong performances. NVIDIA's revenue surged 265% due to AI product demand, while Amazon's advertising and web services sectors grew. Meta, Microsoft, Apple, Alphabet, and Tesla also received assessments, with mixed reviews for some. Cramer's analysis suggests these companies have significantly impacted the market, with a hint at potential high-yield investments beyond these tech giants.

Portfolio Pulse from Benzinga Neuro

February 22, 2024 | 2:30 am

NVDA

Gene Munster of Deepwater Asset Management highlighted Nvidia's potential for significant growth, particularly in AI, projecting a revenue of $180B by 2028. This optimism is based on the global shift towards AI and a $1 Trillion infrastructure build, with Nvidia expected to capture a substantial market share. Nvidia's recent earnings report showed a 265% year-over-year revenue increase, with fiscal 2024 revenue growing 126% to $60.9 billion. Munster's analysis suggests Nvidia shares are likely to rise if the company maintains its growth trajectory.

Portfolio Pulse from Benzinga Neuro

February 22, 2024 | 1:11 am

ERF

Enerplus (NYSE:ERF) reported its Q4 2023 earnings with an adjusted EPS of $0.55, surpassing the analyst consensus estimate of $0.51 by 7.84%.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:38 am

CCRN

Cross Country Healthcare (CCRN) provided its Q1 2024 earnings guidance, projecting EPS of $0.15-$0.25, below the $0.30 estimate, and revenue of $370M-$380M, under the $399.04M estimate. The company anticipates significant year-over-year and sequential declines in revenue, adjusted EBITDA, and adjusted EPS.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:30 pm

CCRN

Cross Country Healthcare (CCRN) reported Q4 earnings of $0.29 per share, surpassing the $0.27 estimate, and sales of $414.04M, exceeding the $404.42M estimate. However, this represents a 73.39% decrease in earnings and a 34.09% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:28 pm

ETSY

Etsy reported Q4 adjusted EPS of $0.77, missing the $0.78 estimate, but sales of $842.32M exceeded the $827.99M estimate, marking a 4.35% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:26 pm

NEXA

Nexa Resources (NEXA) reported Q4 2023 adjusted EPS of $(0.01), surpassing the $(0.16) estimate, and sales of $630M, exceeding the $615.51M estimate. This represents a 93.75% beat on EPS estimates and a 2.35% beat on sales estimates, despite a 19.21% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:20 pm

NOVA

Sunnova Energy International Inc. (NYSE:NOVA) reported Q4 financial results that fell short of expectations, with a loss of $1.53 per share against an estimated loss of 18 cents, and quarterly sales of $194.18 million versus an expected $223.38 million. Despite this, the company reaffirmed its 2024 full-year guidance and initiated 2025 cash generation guidance. Shares dropped 4.19% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 11:15 pm

QTWO

Q2 Holdings (NYSE:QTWO) reported Q4 2023 adjusted EPS of $0.27, surpassing the $0.25 estimate, with sales of $162.12M exceeding the $161.48M forecast. This represents a 10.63% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:14 pm

ZD

Ziff Davis (NASDAQ:ZD) reported Q4 adjusted EPS of $2.33, surpassing the $2.27 estimate, marking a 3.1% year-over-year increase. However, its Q4 sales of $389.88M fell short of the $396.98M estimate, a 1.72% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:12 pm