Streetbeat News

Earnings

KEYS

Keysight Technologies forecasts Q2 FY24 EPS of $1.34-$1.40, below the $1.61 estimate, and revenue of $1.19B-$1.21B, under the $1.25B estimate. The company cites non-estimable GAAP tax rate impacts and emphasizes its use of non-GAAP financial measures.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:08 pm

MED

Medifast reported Q4 2023 adjusted EPS of $1.09, surpassing the $0.96 estimate, with sales of $191.01M also beating the $184.15M estimate. However, this represents a 43.36% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:08 pm

ENVX

Enovix reported Q4 2023 adjusted EPS of $(0.28), missing the $(0.27) estimate, but sales of $7.38M exceeded the $3.37M estimate, marking a 575.30% increase over the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:08 pm

RNG

RingCentral projects its FY24 adjusted EPS to be between $3.50 and $3.58, closely aligning with the $3.51 estimate. However, its revenue forecast of $2.260B to $2.285B falls short of the expected $2.40B.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:08 pm

PANW

Palo Alto Networks (PANW) reported Q2 earnings of $1.46 per share, surpassing the consensus estimate of $1.30 by 12.31%. Quarterly sales reached $1.98B, beating the $1.97B estimate and marking a 19.34% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:07 pm

SEDG

SolarEdge Technologies (SEDG) reported Q4 2023 adjusted EPS of $(0.92), surpassing the $(1.33) estimate, but its sales of $316.00M fell short of the $323.30M forecast. This represents a 64.52% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:07 pm

SPT

Sprout Social reported a Q4 EPS of $0.02, a decrease from $0.03 YoY, but its sales of $93.58M exceeded estimates by 3.13% and grew 34.34% YoY.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:07 pm

MFIN

Medallion Financial Corp. (MFIN) reported Q4 2023 earnings of $0.60 per share, missing the consensus estimate of $0.63 by 4.76%. However, their quarterly sales of $52.01M exceeded the $49.89M estimate by 4.24%, marking a 16.98% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:07 pm

PANW

Palo Alto Networks (PANW) reported Q2 2024 adjusted earnings per share of $1.46, surpassing the analyst consensus estimate of $1.30 by 12.31%.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:06 pm

CWK

Cushman & Wakefield (CWK) reported Q4 2023 adjusted EPS of $0.45, surpassing the $0.40 estimate, with sales of $2.55B exceeding the $2.43B estimate, despite a 3.59% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:06 pm