Streetbeat News

Earnings

DOCN

DigitalOcean projects its Q1 2024 adjusted EPS to be between $0.37 and $0.39, aligning with the $0.37 estimate. Revenue is expected to be between $182M and $183M, slightly above the $181.123M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:00 pm

GNW

Genworth Financial (GNW) reported a Q4 2023 adjusted EPS of $(0.51), missing the analyst consensus estimate of $0.19 by 368.42%. Sales were $1.91B, a slight increase from $1.90B YoY.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:00 pm

AGR

Avangrid (NYSE:AGR) reported Q4 2023 adjusted EPS of $0.97, surpassing the $0.91 estimate. However, its sales of $2.28B fell short of the $2.40B estimate, marking a 5.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:00 pm

JOE

St. Joe reported a decrease in Q4 EPS to $0.23 from $0.48 YoY, while sales increased to $86.70M from $61.60M YoY.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:59 pm

OLO

Olo, a software platform for restaurants, forecasts its FY24 revenue to be between $269.0M and $272.0M, surpassing the estimated $258.651M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:57 pm

OLO

Olo, a software platform company, forecasts its Q1 2024 revenue to be between $64M and $64.5M, surpassing the estimated $60.671M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:57 pm

BALY

Bally's Corporation projects its FY24 revenue to be between $2.5 billion and $2.7 billion, which is in line with the estimated $2.668 billion.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:55 pm

ROOT

Root Inc. (NASDAQ:ROOT) reported Q4 earnings with an EPS of $-1.64, surpassing the estimated $-2.79 by 41.22%. Revenue increased by $123.5 million year-over-year. Despite missing EPS estimates last quarter, ROOT's share price increased by 16.38% the following day. The company has shown improvement in both EPS and revenue over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:55 pm

RIVN

Rivian Automotive (NASDAQ:RIVN) reported Q4 earnings with revenue of $1.32 billion, surpassing estimates but missed EPS expectations with a loss of $1.36 per share. The company produced 17,541 vehicles and delivered 13,972 in Q4, ending the year with $9.37 billion in cash. For 2024, Rivian aims for cost efficiency and expects to produce 57,000 vehicles with an adjusted EBITDA loss of $2.7 billion. It also plans a 10% workforce reduction and the unveiling of the Rivian R2 on March 7. RIVN shares dropped 17% in after-hours trading.

Portfolio Pulse from Chris Katje

February 21, 2024 | 9:55 pm

KW

Kennedy-Wilson Holdings (NYSE:KW) reported Q4 earnings with an EPS of $-1.78, missing estimates by 474.19% against an expected $-0.31. Revenue increased by $500 thousand from the same period last year. The company's past earnings performance shows a mixed trend with misses and beats in previous quarters.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:55 pm