Streetbeat News

Earnings

ABNB

Airbnb Inc (NASDAQ:ABNB) reported a 17% increase in Q4 revenue to $2.22 billion, surpassing estimates. The company experienced a quarterly loss of 55 cents per share but saw gross booking value rise by 15% to $15.5 billion. Airbnb announced a $6 billion share repurchase program and provided an optimistic outlook for Q1 revenue and full-year adjusted EBITDA growth.

Portfolio Pulse from Adam Eckert

February 13, 2024 | 9:34 pm

REZI

Resideo Technologies (NYSE:REZI) reported Q4 adjusted EPS of $0.48, surpassing the $0.43 estimate, and sales of $1.54B, exceeding the $1.52B estimate. This represents an 84.62% increase in EPS from last year, despite a 1.47% decrease in sales.

Portfolio Pulse from Happy Mohamed

February 13, 2024 | 9:34 pm

CRK

Comstock Resources (CRK) reported Q4 2023 earnings of $0.10 per share, missing the consensus estimate of $0.13 by 23.08%. Sales were $410.58M, exceeding the estimate of $398.46M by 3.04%, but represented a 55.49% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:34 pm

HYLN

Hyliion Holdings forecasts that its KARNO Generator business will consume between $40M to $50M in total cash for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:33 pm

MRC

MRC Global reported Q4 2023 adjusted EPS of $0.23, surpassing the $0.12 estimate, but its sales of $768M fell short of the $811.22M forecast, marking an 11.62% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:33 pm

ENTG

Entegris (NASDAQ:ENTG) reported Q4 adjusted EPS of $0.65, surpassing the $0.58 estimate, with sales of $812.29M also beating the $780.87M estimate. However, this represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:32 pm

DAC

Danaos Corporation (NYSE:DAC) reported Q4 2023 earnings of $7.70 per share, missing the consensus estimate of $7.79. Quarterly sales were $249.31M, slightly below the estimate of $250.19M, marking a 1.25% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:32 pm

HYLN

Hyliion Holdings (NYSE:HYLN) reported a Q4 2023 GAAP EPS of $(0.16), missing the analyst consensus estimate of $(0.15) by 6.67 percent.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:32 pm

ATER

MGM

POWW

TWOU

In Tuesday's after-market session, 12 consumer discretionary stocks showed significant movement. Aterian, Polished.com, AMMO, SunCar Tech Gr, 2U, and Fossil Group were among the gainers, with Aterian leading at an 8.2% increase. On the losing end, Digital Brands Group, Jianzhi Education Tech, Esports Entertainment, SRIVARU Holding, Secoo Holding, and MGM Resorts Intl saw declines, with Digital Brands Group dropping the most at 9.9%. Notably, AMMO, 2U, and MGM Resorts Intl had recent earnings reports influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:31 pm

FBLG

QDEL

In Tuesday's after-market session, several health care stocks showed significant movement. FibroBiologics, Sonnet BioTherapeutics, GlucoTrack, Clene, Larimar Therapeutics, and BiomX were among the gainers, with FibroBiologics leading with a 25% increase. On the downside, QuidelOrtho, Alzamend Neuro, Assure Hldgs, Adial Pharmaceuticals, NeuroOne Medical Tech, and NanoString Technologies experienced declines, with QuidelOrtho dropping 28.2% after its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:31 pm