Streetbeat News

Earnings

MTH

Meritage Homes Corporation reported Q4 2023 earnings with a GAAP EPS of $5.38, surpassing the estimated $5.15. Sales reached $1.64 billion, also beating the expected $1.53 billion.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:32 pm

BrightView Holdings (NYSE:BV) reported Q1 2024 adjusted earnings per share (EPS) of $0.02, falling short of the $0.04 consensus estimate. Quarterly sales were $626.70 million, missing the $645.09 million estimate and representing a 4.45% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:31 pm

CHRW

C.H. Robinson Worldwide, Inc. (CHRW) shares dropped following the announcement of Q4 financial results that did not meet analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:31 pm

MET

MetLife reported Q4 adjusted earnings of $1.83 per share, missing the consensus estimate of $1.89 by 3.17%. However, adjusted sales of $18.72B exceeded estimates of $18.46B by 1.40%. Year-over-year, earnings and sales increased by 18.06% and 18.20%, respectively.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:31 pm

DLHC

DLH Holdings Corp. (DLHC) reported Q1 earnings of $0.15 per share, surpassing the consensus estimate of $0.12 by 25%. However, this represents a 40% decrease from the $0.25 per share earned in the same quarter last year. DLHC's quarterly sales were $97.85M, falling short of the $101.00M estimate by 3.12%, but marking a 34.44% increase from the previous year's $72.78M.

Portfolio Pulse from mahesh@benzinga.com

January 31, 2024 | 9:31 pm

AGFY

AQMS

AULT

BURU

CHRW

ELWS

MKFG

NOTE

NXT

RKLB

SNTG

SUNW

In Wednesday's after-market session, several industrial stocks saw significant movement. Earlyworks Co (ELWS) and NEXTracker (NXT) were among the gainers, with ELWS rising 13.3% and NXT increasing by 11.59% after Q3 earnings release. Ault Alliance (AULT), Aqua Metals (AQMS), Markforged Holding (MKFG), and Sunworks (SUNW) also saw gains. On the losing side, Rocket Lab USA (RKLB) dropped 12.2%, while Sentage Hldgs (SNTG), Nuburu (BURU), Agrify (AGFY), C.H. Robinson Worldwide (CHRW), and FiscalNote Holdings (NOTE) experienced declines, with CHRW falling after Q4 earnings release.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:31 pm

AKTS

BTCS

CETX

DGII

EXFY

IFBD

INUV

KERN

MXL

OBLG

PRST

WOLF

In Wednesday's after-market session, several IT stocks experienced movement. Akerna, BTCS, Presto Automation, Akoustis Technologies, Expensify, and Digi Intl saw gains, with Digi Intl's rise attributed to its Q1 earnings report. Conversely, Infobird Co, MaxLinear, Cemtrex, Inuvo, Oblong, and Wolfspeed faced declines, with MaxLinear and Wolfspeed's drops linked to their Q4 and Q2 earnings releases, respectively.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:30 pm

BHE

Benchmark Electronics (NYSE:BHE) reported Q4 earnings with an EPS of $0.58, slightly beating the estimate of $0.56 by 3.57%. However, revenue decreased by $59.29 million compared to the same period last year. In the previous quarter, a beat on EPS estimates resulted in a 4.4% share price increase the following day. The company's past earnings performance shows a mixed trend with both beats and matches on EPS estimates.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:30 pm

TTEK

Tetra Tech (NASDAQ:TTEK) reported Q1 earnings with an EPS of $1.4, beating estimates by 4.48% and showing a revenue increase of $278.44 million from the previous year. The company has a history of surpassing EPS estimates, which has previously led to a share price increase.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:30 pm

CVGW

Calavo Growers (NASDAQ:CVGW) reported a Q4 2023 adjusted EPS of $(0.33), which missed the analyst consensus estimate of $0.19 by 273.68%. Quarterly sales were $241.20M, falling short of the $263.40M estimate by 8.43%, and representing a 0.97% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:29 pm