Streetbeat News

Earnings

RCL

Royal Caribbean Group has increased its 2024 Adjusted EPS forecast from $9.50-$9.70 to $9.90-$10.10, surpassing the estimated $9.77, due to a strong WAVE season. The company attributes $0.15 of the full-year increase in adjusted EPS to an improved revenue outlook for Q1 2024 and expects to achieve all Trifecta goals in 2024.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:26 pm

YHGJ

Yunhong Green CTI (NASDAQ:YHGJ) reported a Q4 EPS of $0.02, up from $(0.01) YoY, with sales increasing to $6.80M from $5.57M YoY, marking a 300% EPS increase and a 22.08% sales increase.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 10:25 pm

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