Streetbeat News

Earnings

LGF

Lions Gate Entertainment Corporation Class A Voting Shares (NYSE:LGF) reported Q3 earnings, beating estimates with an EPS of $0.27 against the expected $0.19, a 42.11% increase. However, revenue decreased by $24.90 million from the previous year. Despite beating EPS estimates in the past, such as in Q2 2024, the share price dropped by 0.66% the following day.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:55 pm

CLSK

CleanSpark, Inc. (NASDAQ:CLSK) reported strong Q1 financial results, with earnings of 14 cents per share, a significant increase from a loss of 46 cents per share year-over-year. Quarterly sales reached $73.79 million, surpassing analyst expectations and marking a 165.24% increase from the previous year. The company's current hashrate exceeds 12.5 EH/s. CEO Zach Bradford highlighted the quarter's performance as a testament to the company's efficiency, strategic acquisitions, and commitment to growth. Following the announcement, CLSK shares rose 9.05% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 08, 2024 | 9:55 pm

LEU

Centrus Energy (AMEX:LEU) reported Q4 earnings with an EPS of $3.58, significantly beating the estimate of $0.76 by 371.05%. However, revenue decreased by $22.60 million compared to the same period last year. Despite beating EPS estimates in previous quarters, such outperformance was followed by a share price drop the next day, notably a 10.93% drop after last quarter's earnings.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:55 pm

CTRE

CareTrust REIT projects its FY24 Normalized Funds From Operations (FFO) to be in the range of $1.43 to $1.45.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:54 pm

BILL

BILL has increased its FY24 total revenue forecast to $1.226B-$1.251B from the previous range of $1.205B-$1.245B, surpassing the estimated $1.227B. Additionally, the adjusted EPS outlook has been raised from $1.64-$1.97 to $2.09-$2.31, exceeding the estimated $1.86.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:53 pm

CTLP

Cantaloupe projects its FY24 revenue to be in the range of $275M-$285M, which is around the analyst estimate of $277.468M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:53 pm

HNNA

Hennessy Advisors reported a slight increase in Q1 EPS to $0.16 from $0.15 YoY, while sales remained virtually unchanged at $6.14M. The minor EPS growth indicates a stable financial performance, despite a marginal decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:52 pm

NET

Cloudflare Inc (NYSE:NET) reported Q4 earnings with revenue and EPS exceeding estimates, and provided strong guidance for Q1 and the full year 2024. Revenue for Q4 was $362.47 million, surpassing the $353.1 million estimate, with a 32% year-over-year increase. EPS was 15 cents, beating the 12 cents estimate. The company highlighted momentum with large customers and growth in Cloudflare One. Cloudflare expects Q1 revenue between $372.5 million and $373.5 million, and full-year 2024 revenue between $1.648 billion and $1.652 billion, both above estimates. Mark Anderson was appointed as president of revenue. Shares rose over 8% on Thursday and another 14.2% after hours.

Portfolio Pulse from Adam Eckert

February 08, 2024 | 9:52 pm

EGAN

eGain forecasts its FY24 adjusted EPS to be between $0.29 and $0.31, below the estimated $0.39. The company also projects its revenue to be between $92M and $93M, which is lower than the expected $97.150M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:51 pm

LEU

Centrus Energy (AMEX:LEU) reported Q4 2023 earnings of $3.58 per share, surpassing the $0.76 estimate by 371.05%. Quarterly sales were $103.60M, exceeding the $71.13M estimate by 45.64%, but represented a 17.91% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:51 pm