Streetbeat News

Earnings

ARCC

Ares Capital (ARCC) reported Q4 2023 earnings of $0.63 per share, surpassing the consensus estimate of $0.60. Sales reached $707M, exceeding the $678.23M estimate and marking a 10.47% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:17 am

BG

Bunge (NYSE:BG) reported Q4 sales of $14.94 billion, missing the consensus estimate of $15.06 billion by 0.82% and marking a 10.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:14 am

EPC

Edgewell Personal Care (EPC) has reaffirmed its financial outlook for fiscal year 2024, projecting a reported net sales growth of 1%-3% and an adjusted EPS in the range of $2.65-$2.85, compared to the $2.74 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:12 am

HLT

Hilton Worldwide has provided its outlook for the first quarter of 2024, projecting an adjusted EPS of $1.36 to $1.44, slightly above the $1.42 estimate. The company expects system-wide comparable RevPAR to increase by 2.0% to 4.0% on a currency neutral basis compared to Q1 2023. GAAP diluted EPS is forecasted to be between $1.32 and $1.40, with net income projected between $340 million and $359 million. Adjusted EBITDA is anticipated to be between $690 million and $710 million.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:09 am

PERI

Perion Network has projected its FY24 revenue to be in the range of $860M-$880M, which is below the market expectation of $887.17M.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:09 am

HLT

Hilton Worldwide has provided its FY24 outlook, projecting adjusted EPS of $6.80 - $6.94, below the $7.07 estimate. GAAP EPS is expected to be $6.57 - $6.71, with system-wide comparable RevPAR growth of 2.0% - 4.0%. Net income is forecasted between $1,694 million and $1,729 million, and adjusted EBITDA between $3,330 million and $3,380 million. The company plans capital returns of approximately $3.0 billion, with net unit growth of 5.5% - 6.0%.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:08 am

GGR

Gogoro reported a Q4 revenue of $91.5M, marking a 4.1% decrease year-over-year. The company's loss per share widened to $(0.12) from $(0.05) in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:07 am

PERI

Perion Network reported Q4 revenue of $234.2M, surpassing the estimated $233.09M, and an adjusted EPS of $1.04, beating the $0.82 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:07 am

TGI

Triumph Group has revised its FY24 outlook downwards, with net sales now expected to be between $1.17B and $1.20B, a significant decrease from the previously forecasted range of $1.43B to $1.47B. This new forecast falls below the estimated $1.46B.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:07 am

HLT

Hilton Worldwide Holdings (NYSE:HLT) reported Q4 adjusted EPS of $1.68, surpassing the $1.57 estimate, marking a 5.66% increase from last year. Quarterly sales reached $2.61B, aligning with estimates and showing a 6.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:05 am