Streetbeat News

Earnings

RCL

Royal Caribbean Group has reported that demand and bookings for its cruises have surpassed expectations since its last earnings call, indicating a positive outlook for the company's performance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:23 pm

INSG

Inseego reported Q4 2023 GAAP EPS of $(1.28), missing the $(0.80) estimate, but sales of $42.75M exceeded the $40.57M estimate, a 19.20% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:17 pm

SNPS

Synopsys, Inc. (NASDAQ:SNPS) reported Q1 earnings of $3.56 per share, surpassing the consensus estimate of $3.43. Quarterly sales were $1.65 billion, aligning with expectations and marking a 21.16% increase from the previous year. The company's strong performance is attributed to AI-driven customer investments. Synopsys provided an optimistic outlook for Q2 and the full year, expecting earnings and revenue above analyst estimates. Shares rose 3.76% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 10:15 pm

NVRO

Nevro projects its full-year 2024 worldwide revenue to be between $435M and $445M, closely aligning with the estimated $444.54M. For Q1, the revenue expectation is set between $97M and $99M, which is in line with the estimated $98.72M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:15 pm

FG

F&G Annuities & Life (NYSE:FG) reported Q4 earnings of $0.60 per share, missing the $1.05 estimate, a 45.45% decrease from last year. Sales were $1.61B, beating the $1.31B estimate, a 158.75% increase from last year.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 10:15 pm

BROS

Dutch Bros Inc. (NYSE:BROS) reported Q4 earnings of 4 cents per share, surpassing the 2 cents estimate by 100% and marking a 33.33% increase from the previous year. Quarterly sales reached $254.12 million, exceeding estimates by 0.54% and showing a 25.91% year-over-year growth. The company opened 159 new shops in 2023, with 146 being company-operated, and achieved a record system AUV since its IPO. For 2024, Dutch Bros anticipates opening 150 to 165 shops, expects revenues between $1.190 billion and $1.205 billion, and forecasts low single-digit same-shop sales growth. Shares rose 7.17% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 10:14 pm

CNNE

Cannae Holdings (NYSE:CNNE) reported Q4 2023 GAAP EPS of $(0.83), missing the $(0.55) estimate, with sales of $119.30M also missing the $138.27M estimate. This represents a 23.38% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:12 pm

OWLS

Blue Owl Capital (NYSE:OWLS) reported Q4 sales of $411.23M, surpassing the analyst consensus estimate of $397.75M by 3.39% and marking a 17.32% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:12 pm

RIVN

Rivian Automotive's CEO RJ Scaringe announced during a conference call that the company will begin to experience the impact of changing suppliers in Q1 and plans to shut down its assembly line for several weeks in Q2. This adjustment is in response to consumers behaving more consciously, leading to short-term demand headwinds as reflected in the company's forecast.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:11 pm

AMED

Amedisys reported Q4 2023 earnings of $0.94 per share, missing the consensus estimate of $1.03 by 8.74%. However, their quarterly sales of $570.80 million exceeded the estimate of $567.71 million by 0.54%, marking a 1.55% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:09 pm