Streetbeat News

Earnings

ZNTL

Zentalis Pharma reported a slight improvement in its FY EPS, moving from $(4.48) to $(4.47) YoY. The company also announced a cash balance of $483M, projecting a cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:15 pm

ZVIA

Zevia has projected its Q1 net sales to be between $38M-$40M, which falls short of the estimated $49.414M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:13 pm

SEE

Sealed Air projects its FY24 adjusted EPS to range between $2.65 and $3.05, compared to the $3.03 estimate. The company also forecasts FY24 net sales to be between $5.2B and $5.6B, against the $5.5B estimate.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm

LGND

Ligand Pharmaceuticals has reaffirmed its financial guidance for FY24, projecting EPS of $4.25-$4.75 and total revenue of $130M-$142M. This guidance, initially introduced during its Investor and Analyst Day on December 12, 2023, includes expected royalties of $90M-$95M, Captisol sales of $25M-$27M, and contract revenue of $15M-$20M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm

RCM

R1 RCM projects its FY24 revenue to be in the range of $2.625 billion to $2.675 billion, which is below the estimated $2.69 billion. The company also forecasts GAAP operating income between $105 million to $135 million and adjusted EBITDA between $650 million to $670 million.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:12 pm

STGW

Stagwell forecasts a 5%-7% organic net revenue growth for 2024, with an adjusted EPS range of $0.75-$0.88, which is below the estimated $0.91.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:11 pm

APPS

CAMP

FIVN

The article highlights the top 3 oversold tech stocks in the information technology sector, suggesting they may be undervalued opportunities for investors. These include Five9, Inc. (FIVN), CalAmp Corp. (CAMP), and Digital Turbine, Inc. (APPS), each with an RSI below 30, indicating they are oversold. Recent financial results and market actions are discussed for each company, providing insight into their current stock performance and potential for short-term recovery.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 12:10 pm

DKL

Delek Logistics Partners (DKL) reported Q4 earnings of $1.46 per share, surpassing the $0.89 estimate, a 48.98% increase from last year. However, their Q4 sales of $254.10M fell short of the $278.26M estimate, marking a 5.56% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:10 pm

RCM

R1 RCM (NASDAQ:RCM) reported Q4 sales of $575.10M, missing the consensus estimate of $578.69M by 0.62%. This represents a 7.94% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:10 pm

TREE

LendingTree provided its Q1 revenue forecast in the range of $158M-$168M, slightly below the estimated $165.235M. Additionally, the company projects its 2024 revenue to be between $650M-$690M, indicating a potential year-over-year change ranging from a 3% decline to a 3% increase, which falls short of the estimated $715.61M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 12:08 pm