Streetbeat News

Earnings

CPK

Chesapeake Utilities reaffirmed its EPS guidance for 2025 ($6.15-$6.35) and 2028 ($7.75-$8.00), and expects 2024 EPS to be between $5.33 and $5.45, aligning with estimates of $5.38. The company also continues to support its capital expenditure guidance for 2028, ranging from $1.5 billion to $1.8 billion, and affirms its 2024 capital expenditure guidance of $300 million to $360 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:54 pm

COKE

Coca-Cola Consolidated reported a slight decrease in Q4 adjusted earnings per share from $13.54 last year to $13.39 this year, while sales increased from $1.57 billion to $1.63 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:53 pm

AERT

Aeries Technology has reiterated its financial guidance for FY24, expecting revenue between $95M-105M and adjusted EBITDA between $16M-20M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:53 pm

ROOT

Root Inc. (NASDAQ:ROOT) reported Q4 2023 earnings with a GAAP EPS of $(1.64), surpassing the $(2.89) estimate, and sales of $194.80M, exceeding the $126.99M estimate. This represents a 173.21% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:53 pm

AERT

Aeries Technology (NASDAQ:AERT) reported a significant increase in sales for Q3, with $18.90 million, up 48.82% from $12.70 million YoY.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 9:53 pm

WES

Western Midstream Partners (WES) has announced agreements to sell interests in non-core assets for a total of $790 million. The company anticipates adjusted EBITDA for 2024 to be between $2.2 billion and $2.4 billion.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

KW

Kennedy-Wilson Holdings (NYSE:KW) reported Q4 2023 GAAP EPS of $(1.78), missing the $(0.31) estimate by 474.19%, but sales of $140.10M beat the $123.35M estimate by 13.58%, a 0.36% increase YOY.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) reported Q4 financial results with a loss of 17 cents per share, beating estimates by 10.53%, but missed sales estimates by 1.71% with $1.03 million. The company highlighted 2023 achievements including an exclusive air taxi operation agreement in Dubai and a piloted flight in NYC. Joby's 2024 focus will be on aircraft certification, manufacturing, and commercialization preparation for 2025, expecting to use $440-$470 million in cash and investments.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 9:52 pm

GSHD

Goosehead Insurance projects its FY24 revenue to be between $310M-$320M, which is below the estimated $336.851M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

CENX

Century Aluminum projects its Q1 2024 adjusted EBITDA to be between $5M and $15M, significantly lower than the analyst estimate of $24.3M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:51 pm