Streetbeat News

Earnings

SES

SES AI (NYSE:SES) reported its Q4 earnings, beating estimated earnings by 62.0% with an EPS of $-0.03 versus an estimate of $-0.08. However, revenue remained unchanged from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 3.0% the following day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:55 pm

ASR

ASUR, a company listed as ASR, reported its Q4 23 revenue amounting to Ps.6,876,941, showcasing its financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:52 pm

SES

SES AI reported a Q4 2023 GAAP EPS loss of $(0.03), surpassing the analyst consensus estimate of a $(0.08) loss by 62.5%.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:51 pm

IIPR

Innovative Ind Props (IIPR) reported Q4 2023 FFO of $2.28 per share, surpassing the $2.21 estimate, and sales of $79.16M, exceeding the $76.50M estimate. This represents a 7.55% increase in earnings and a 12.34% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:51 pm

RLJ

RLJ Lodging reported Q4 2023 GAAP EPS of $0.01, surpassing the undefined analyst consensus estimate. Quarterly sales reached $319.71M, exceeding the $314.28M estimate by 1.73% and marking a 5.80% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:50 pm

ACHR

Archer Aviation (NYSE:ACHR) reported its Q4 earnings on February 26, 2024, missing estimated earnings by -21.0% with an EPS of $-0.34 versus an estimate of $-0.28. Revenue remained unchanged from the same period last year. In the previous quarter, the company exceeded EPS estimates which was followed by a 6.0% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:50 pm

AEP

American Electric Power (AEP) reported Q4 earnings of $1.23 per share, missing the consensus estimate of $1.26 by 2.38%. This represents a 17.14% increase over the same period last year.

Portfolio Pulse from Happy Mohamed

February 26, 2024 | 9:50 pm

FSP

Franklin Street Props (AMEX:FSP) reported Q4 2023 GAAP FFO of $0.07 per share, meeting analyst estimates, with sales of $34.77M surpassing the $34.13M forecast, a 1.87% beat. However, this represents a 15.63% decrease from the previous year's sales of $41.21M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:48 pm

ACHR

Archer Aviation (NYSE:ACHR) reported Q4 losses of $(0.34) per share, missing the consensus estimate of $(0.28) by 21.43%. This represents a 12.82% improvement over the $(0.39) per share loss from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:48 pm

AEP

American Electric Power (AEP) announced a CEO transition with Benjamin G.S. Fowke III appointed as interim CEO & President, succeeding Julie A. Sloat. Sara Martinez Tucker is named Chair of the Board. AEP reaffirmed its 2024 operating earnings guidance range of $5.53-$5.73. The leadership change is part of a strategic move to position AEP for future success, with no disagreements or ethical concerns cited for Sloat's departure. AEP is also conducting an external search for a permanent CEO.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:47 pm