Streetbeat News

Earnings

GPOR

Gulfport Energy (NYSE:GPOR) reported Q4 2023 adjusted EPS of $5.02, surpassing the $3.90 estimate, with sales of $489.11M also beating the $301.81M estimate. However, this represents a 50.22% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:50 pm

ALEC

Alector (NASDAQ:ALEC) reported Q4 earnings with an EPS of $-0.49, beating estimates by 36.0% against an expected $-0.77. Revenue increased by $750 thousand from the previous year. Despite beating EPS estimates in the past, Alector's share price dropped by 7% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 9:50 pm

DAR

Darling Ingredients (NYSE:DAR) reported Q4 earnings with an EPS of $0.52, missing estimates by -25.0% against an expected $0.69. Revenue decreased by $154 million from the same period last year. The company's past earnings performance shows a pattern of missed EPS estimates leading to a share price drop, as seen in the previous quarter with a 2.0% decrease following a $0.36 miss on EPS.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 9:50 pm

SSRM

SSR Mining (NASDAQ:SSRM) reported Q4 earnings with an EPS of $0.59, beating estimates by 79.0% and showing significant revenue growth from the previous year. Despite a slight miss in the previous quarter's EPS, the company has shown improvement in its financial performance.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 9:50 pm

MYGN

Myriad Genetics (NASDAQ:MYGN) reported Q4 earnings with an EPS of $0.04, surpassing estimates by 300% and showing a revenue increase of $18.80 million from the previous year. This follows a pattern of beating EPS estimates and subsequent share price increases.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 9:50 pm

FLYW

Flywire Corporation (NASDAQ:FLYW) reported Q4 earnings surpassing analyst expectations with an EPS of 1 cent against an expected loss of 6 cents per share, and sales of $100.55 million, beating estimates by 10.97%. The company saw a 37.63% increase in sales year-over-year and a 33.2% increase in total payment volume. CEO Mike Massaro highlighted the year's strong performance and optimistic outlook for continued growth and EBITDA expansion. Flywire anticipates Q1 revenue between $110 million to $117 million and fiscal year 2024 revenue between $501 million to $535 million. Flywire shares surged 19.3% in after-hours trading to $29.25.

Portfolio Pulse from Erica Kollmann

February 27, 2024 | 9:48 pm

JAMF

Jamf has provided its revenue expectations, forecasting $148M-$150M for Q1, slightly below the estimated $150.656M. For the full year 2024, the company anticipates revenues between $614.5M-$619.5M, which is below the expected $641.828M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:48 pm

MYGN

Myriad Genetics (NASDAQ:MYGN) reported Q4 2023 adjusted EPS of $0.04, surpassing the $0.01 estimate, with sales of $196.60M exceeding the $194.78M forecast. This represents a 10.57% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:47 pm

SSRM

SSR Mining (NASDAQ:SSRM) reported Q4 2023 adjusted EPS of $0.59, surpassing the $0.33 estimate, with sales of $425.90M exceeding the $414.04M forecast. This represents a 39.01% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:47 pm

ONL

Orion Office REIT (NYSE:ONL) reported Q4 2023 FFO of $0.33 per share, missing the consensus estimate of $0.34, and sales of $43.55M, below the $47.30M estimate. This represents a 13.07% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:46 pm