Streetbeat News

Earnings

WES

Western Midstream Partners (WES) has announced agreements to sell interests in non-core assets for a total of $790 million. The company anticipates adjusted EBITDA for 2024 to be between $2.2 billion and $2.4 billion.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

KW

Kennedy-Wilson Holdings (NYSE:KW) reported Q4 2023 GAAP EPS of $(1.78), missing the $(0.31) estimate by 474.19%, but sales of $140.10M beat the $123.35M estimate by 13.58%, a 0.36% increase YOY.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) reported Q4 financial results with a loss of 17 cents per share, beating estimates by 10.53%, but missed sales estimates by 1.71% with $1.03 million. The company highlighted 2023 achievements including an exclusive air taxi operation agreement in Dubai and a piloted flight in NYC. Joby's 2024 focus will be on aircraft certification, manufacturing, and commercialization preparation for 2025, expecting to use $440-$470 million in cash and investments.

Portfolio Pulse from Erica Kollmann

February 21, 2024 | 9:52 pm

GSHD

Goosehead Insurance projects its FY24 revenue to be between $310M-$320M, which is below the estimated $336.851M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:52 pm

CENX

Century Aluminum projects its Q1 2024 adjusted EBITDA to be between $5M and $15M, significantly lower than the analyst estimate of $24.3M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:51 pm

ATNI

ATN International (NASDAQ:ATNI) reported Q4 2023 earnings with a GAAP EPS of $(0.46), missing the $(0.04) estimate by 1050%. However, their sales of $199.00M exceeded the $192.65M estimate by 3.30%, marking a 3.64% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:51 pm

GOOD

Gladstone Commercial (NASDAQ:GOOD) reported Q4 2023 FFO of $0.36 per share, surpassing the $0.34 estimate, but its sales of $35.91M fell short of the $36.80M estimate. This represents a 5.88% increase in earnings per share and a 3.52% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:51 pm

SPOK

Spok Holdings (NASDAQ:SPOK) reported Q4 earnings with an EPS of $0.17, beating estimates by 30.77% and showing a revenue increase of $698 thousand from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable share price increase of 1.92% the day after last quarter's earnings announcement.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:50 pm

PRDO

Perdoceo Education (NASDAQ:PRDO) reported Q4 earnings, beating EPS estimates by 17.39% with an EPS of $0.27, against the expected $0.23. However, revenue decreased by $28.23 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 5.5% the following day. The company's past earnings performance shows a pattern of surpassing EPS estimates but with varying revenue figures.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:50 pm

CAKE

Cheesecake Factory (NASDAQ:CAKE) reported Q4 earnings, beating estimated earnings by 8.11% with an EPS of $0.8 against an estimate of $0.74, but saw a revenue decline of $15.79 million from the same period last year. This follows a pattern from the previous quarter where a miss on EPS led to a 2.01% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:50 pm