Streetbeat News

Earnings

PRU

Prudential Financial (NYSE:PRU) reported Q4 earnings with an EPS of $2.58, missing estimates by 1.9% against an expected $2.63. Revenue increased by $371.00 million from the same period last year. In the previous quarter, PRU beat EPS estimates by $0.31, leading to a 0.38% share price increase the next day. The company's earnings performance over the past four quarters shows fluctuating EPS and revenue figures.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:30 pm

AEIS

Advanced Energy Industries (NASDAQ:AEIS) reported Q4 earnings, beating EPS estimates by 6.9% with an EPS of $1.24 against the expected $1.16. However, revenue decreased by $85.47 million compared to the same period last year. Despite beating EPS estimates last quarter, AEIS's share price dropped by 3.05% the following day. The company has had a mixed performance in past quarters, with fluctuations in both EPS and revenue.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:30 pm

GME

The GameStop-inspired meme coin (GME) surged 150% in two days, with trading volumes hitting $14.4 million. This rally is attributed to a report predicting GameStop's positive Q4 2023 earnings and early profitability. Meanwhile, GameStop's stock (NYSE:GME) increased by 3.7%. Other meme coins on Solana, such as Dogwifhat and Bonk, experienced declines. The surge in GME coin's value has sparked discussions in the crypto community, with significant attention from crypto whales and speculation about its future potential.

Portfolio Pulse from Khyathi Dalal

February 06, 2024 | 9:29 pm

CTSH

Cognizant's stock (CTSH) is trading lower following the announcement of its Q4 financial results and the issuance of its future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:29 pm

AEIS

Advanced Energy Indus (AEIS) reported Q4 adjusted EPS of $1.24, surpassing the $1.16 estimate, but its sales of $405.27M fell short of the $406.14M forecast. This represents a 27.06% decrease in earnings and a 17.42% drop in sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

February 06, 2024 | 9:29 pm

ELF

e.l.f. Beauty (NYSE:ELF) reported Q3 earnings of $0.74 per share, surpassing the $0.51 estimate, a 54.17% increase from last year. Sales reached $270.94M, beating the $231.13M estimate, marking an 84.90% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:28 pm

ENPH

Enphase Energy's stock is trading higher following the announcement of their Q4 financial results, indicating a positive market response to the company's performance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:28 pm

SNAP

Snap Inc. shares are trading lower following the announcement of mixed results for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:28 pm

EW

Edwards Lifesciences' shares are trading lower following the announcement of their Q4 financial results and the issuance of Q1 and FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:27 pm

GENC

Gencor Industries (NASDAQ:GENC) reported a 25% increase in Q1 EPS to $0.30 from $0.24 YoY and a 0.75% increase in sales to $26.02M from $25.82M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:27 pm