Streetbeat News

Earnings

CMCO

Columbus McKinnon (NASDAQ:CMCO) exceeded analyst expectations for Q3 with an adjusted EPS of $0.74, surpassing the estimate of $0.68, and reported sales of $254.10M, beating the estimate of $250.34M. These figures represent a 2.78% increase in EPS and a 10.30% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:31 am

NAVI

Navient Corporation (NASDAQ:NAVI) reported a significant miss in its Q4 2023 earnings, with a core EPS of $0.21, which is 72 percent below the analyst consensus estimate of $0.75.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:29 am

NMR

Nomura Holdings (NYSE:NMR) reported a decrease in Q3 earnings per share (EPS) to $0.11 from $0.15 YoY, and a slight decline in sales to $2.71B from $2.79B YoY.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:17 am

GPI

Group 1 Automotive reported a 14.8% year-over-year increase in Q4 new vehicle units sold, totaling 45,827 units. However, the company faced losses in Q4 on used vehicle wholesale sales due to rebalancing its used vehicle inventory in the U.K. in response to market changes.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:15 am

SAN

Banco Santander reported Q4 earnings of $0.18 per share, missing the consensus estimate of $0.19 by 5.26%. Year-over-year, earnings rose 38.46% from $0.13 per share. Quarterly sales were $15.66B, a 13.48% increase from $13.80B in the same period last year.

Portfolio Pulse from bharat@benzinga.com

January 31, 2024 | 11:10 am

AMD

AMSC

GOOG

GOOGL

TER

TSLA

Alphabet Inc. reported Q4 earnings with higher-than-expected revenue and adjusted earnings per share, but Google's ad sales missed estimates, causing a pre-market drop of 5.6% in its shares. Other stocks also moved lower in pre-market trading, including AMD, AMSC, TER, JL, BTDR, MDLZ, BITF, NVS, and TSLA, due to various reasons such as earnings results, public offerings, and weak forecasts.

Portfolio Pulse from Avi Kapoor

January 31, 2024 | 11:10 am

BA

MA

NVS

QCOM

A comprehensive list of companies is scheduled to report earnings on January 31, 2024, before and after the bell. The list includes a variety of sectors with projected earnings per share and revenue. Notable companies include Novartis, Boeing, Mastercard, and Qualcomm, among others. Some companies are expected to report losses, such as Regis and Silicon Laboratories.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 11:09 am

RGS

Regis Corporation reported a Q2 EPS of $(0.43), which is an improvement from the $(1.10) estimate. However, their sales of $51.05M fell short of the $52.94M estimate, marking a 14.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:08 am

OTIS

Otis Worldwide reported a 3% increase in new equipment orders and a 2% increase in backlog for Q4. Modernization orders saw a significant 11% rise, with backlog for these orders up by 15%.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:07 am

GPI

Group 1 Automotive (NYSE:GPI) reported Q4 adjusted EPS of $9.50, missing the $10.44 estimate, and sales of $4.48B, beating the $4.41B estimate. This reflects a 12.52% decrease in EPS from last year and a 10.10% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 11:06 am