Streetbeat News

Earnings

VFC

VF Corporation (NYSE:VFC) reported Q3 earnings with a significant miss, achieving an EPS of $0.57 against an estimate of $0.8, marking a 28.75% shortfall. Revenue also saw a decline, dropping by $571 million from the same period last year. This follows a pattern from the last quarter where VF missed the EPS estimate, leading to a 13.96% decrease in share price the following day.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:15 pm

LUMN

Lumen Technologies (NYSE:LUMN) reported Q4 earnings with an EPS of $0.08, significantly beating the estimated EPS of $-0.01, marking a 900% beat. However, revenue was down $283 million from the same period last year. In the previous quarter, LUMN missed EPS estimates by $0.15, resulting in a 32.87% share price drop the following day. The company's past earnings performance shows mixed results with both hits and misses in EPS and revenue estimates over the last four quarters.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:15 pm

ATEN

A10 Networks (ATEN) reported Q4 adjusted EPS of $0.25, missing the $0.26 estimate, and sales of $70.42M, below the $74.77M estimate. This represents a 4.17% increase in EPS and a 9.30% decrease in sales from the same period last year.

Portfolio Pulse from saritha@benzinga.com

February 06, 2024 | 9:15 pm

INTA

Intapp (NASDAQ:INTA) reported Q2 earnings with an EPS of $0.11, beating estimates by 120% and showing a revenue increase of $19.24 million from the previous year. This follows a pattern of exceeding EPS estimates and subsequent share price increases.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:15 pm

CTSH

Cognizant projects its 2024 revenue to range between $19B and $19.8B, indicating a potential decline of 1.8% or a growth of up to 2.2%. The company also forecasts an adjusted EPS of $4.50 to $4.68, aligning closely with the estimated $4.62.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:14 pm

FTNT

Fortinet has projected its adjusted earnings per share (EPS) for Q1 2024 to be in the range of $0.37 to $0.39, aligning with or slightly exceeding the analyst estimate of $0.37.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:14 pm

AMCR

Amcor (NYSE:AMCR) reported Q2 earnings of $0.31 per share, surpassing the $0.15 estimate by 104.67%, and a 61.58% increase from last year's $0.19. Sales reached $3.64B, beating the $3.41B estimate by 6.80%, and matching last year's figures.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:14 pm

INTA

Intapp (NASDAQ:INTA) reported Q2 adjusted EPS of $0.11, surpassing the $0.05 estimate, marking a 266.67% increase from last year. Sales reached $103.93M, exceeding the $103.10M estimate, up 22.72% from the previous year.

Portfolio Pulse from saritha@benzinga.com

February 06, 2024 | 9:14 pm

SNAP

Snap Inc. projects its Q1 revenue to be between $1.095 billion and $1.135 billion, which is around the analyst estimate of $1.12 billion.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:14 pm

DEI

Douglas Emmett (NYSE:DEI) reported a decrease in Q4 FFO to $0.46 per share from $0.51 YoY, but sales increased to $259.28M, beating the $252.77M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:13 pm