Streetbeat News

Earnings

IFF

Intl Flavors & Fragrances (IFF) reported Q4 earnings with a significant miss on estimated earnings by 70.67%, posting an EPS of $0.22 against an estimate of $0.75. Revenue also saw a decline, down $141 million from the same period last year. This follows a pattern from the last quarter where despite beating EPS estimates, the share price dropped by 1.04% the next day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:30 pm

CZR

Caesars Entertainment, Inc. (NASDAQ:CZR) reported Q4 financial results, missing both earnings and sales estimates. The company had a quarterly loss of 34 cents per share, significantly below the analyst consensus of 7 cents. Sales were $2.83 billion, slightly missing the $2.85 billion estimate. However, Caesars Digital showed improvement with adjusted EBITDA of $29 million compared to a loss in the previous year. CEO Tom Reeg highlighted growth in Caesars Digital and overall reduced net loss and stable adjusted EBITDA year over year.

Portfolio Pulse from Erica Kollmann

February 20, 2024 | 9:30 pm

SEVN

Seven Hills Realty Trust (NASDAQ:SEVN) reported Q4 earnings with an EPS of $0.43, beating estimates by 13.16% and showing a revenue increase of $712 thousand year-over-year. Despite missing EPS estimates last quarter, the share price increased by 1.15% the following day. The company has shown consistent revenue growth over the past four quarters.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:30 pm

ADEA

Adeia has projected its FY24 revenue to be in the range of $380M-$420M, which compares to the estimated $405.963M by analysts.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:30 pm

GPK

Graphic Packaging Holding (NYSE:GPK) reported Q4 earnings, beating estimates with an EPS of $0.75 against the expected $0.7, a 7.14% beat. However, revenue decreased by $137 million from the previous year. In the last quarter, GPK also surpassed EPS estimates, which led to a slight 0.05% increase in share price the following day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:30 pm

GPK

Graphic Packaging Holding (GPK) reported Q4 2023 adjusted EPS of $0.75, surpassing the $0.70 estimate. However, its sales of $2.25B fell short of the $2.40B estimate, marking a 5.74% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:29 pm

TGAN

Transphorm (NASDAQ:TGAN) reported Q3 earnings with losses of $(0.11) per share, missing the $(0.09) estimate, and sales of $4.67M, below the $6.17M estimate. Despite these misses, there's a year-over-year improvement in both earnings and sales.

Portfolio Pulse from Happy Mohamed

February 20, 2024 | 9:29 pm

SEVN

Seven Hills Realty Trust (SEVN) reported Q4 2023 adjusted EPS of $0.43, surpassing the $0.38 estimate, with sales of $10.00M exceeding the $9.33M forecast. This represents a 7.67% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:29 pm

ILPT

Industrial Logistics (NASDAQ:ILPT) reported Q4 2023 FFO EPS of $0.12, meeting analyst consensus estimates, but missed sales estimates with $108.89M against the expected $110.56M, a 1.51% miss. Year-over-year, sales increased by 2.40% from $106.34M.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:28 pm

NEO

NeoGenomics projects its FY24 adjusted EPS to be $0.04, surpassing the estimated $(0.08).

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:27 pm