Streetbeat News

Earnings

CHRW

C.H. Robinson Worldwide reported Q4 2023 adjusted earnings per share (EPS) of $0.50, missing the estimated $0.81. Sales were reported at $4.20 billion, also falling short of the expected $4.34 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:07 pm

FLEX

Flex (NASDAQ:FLEX) reported Q3 adjusted EPS of $0.71, surpassing the $0.61 estimate, and sales of $7.10B, exceeding the $6.72B estimate. This represents a 14.52% increase in EPS and an 8.42% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:06 pm

KLIC

Kulicke & Soffa Industries Inc. (KLIC) reported Q1 adjusted EPS of $0.30, surpassing the $0.26 estimate, but experienced a year-over-year decline of 18.92%. Sales for the quarter were $171.19M, slightly missing the $172.01M estimate, and saw a 2.86% decrease from the previous year.

Portfolio Pulse from bharat@benzinga.com

January 31, 2024 | 9:06 pm

AFL

Aflac Inc. reported Q4 2023 earnings of $1.28 per share, missing the consensus estimate of $1.45 by 11.72%. Quarterly sales were $3.80B, falling short of the $4.40B estimate and marking a 5.24% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:06 pm

QRVO

Qorvo (NASDAQ:QRVO) surpassed Q3 earnings estimates with an EPS of $2.1, beating the forecast of $1.66 by 26.51%. Revenue increased by $330.72 million compared to the same period last year. Despite beating last quarter's EPS estimate, QRVO's stock dropped by 2.66% the following day. The company has a history of surpassing EPS estimates over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:05 pm

PTC

PTC (NASDAQ:PTC) reported Q1 earnings with an EPS of $1.11, beating estimates by 15.63% against the expected $0.96. Revenue increased by $84.30 million compared to the same period last year. Historically, PTC's share price has risen following earnings beats, such as the 5.35% increase after last quarter's results.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:05 pm

SEIC

SEI Investments Company (NASDAQ:SEIC) reported Q4 earnings with an EPS of $0.91, slightly missing the estimate of $0.92 by 1.09%. Despite the miss, revenue increased by $28.27 million compared to the same period last year. Historically, a miss in EPS last quarter resulted in a 2.76% share price drop the following day.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:05 pm

CACC

Credit Acceptance (NASDAQ:CACC) reported Q4 earnings with an EPS of $10.06, surpassing the estimate of $5.43 by 85.27%. Revenue increased by $32.60 million compared to the same period last year. The company has a history of beating EPS estimates, which in the past has led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 9:05 pm

ALGN

Align Technology forecasts its FY24 revenue to increase by a mid-single-digit percentage over its 2023 revenue. The company also anticipates capital expenditures to be around $100 million for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:05 pm

CACC

Credit Acceptance Corp. (CACC) reported Q4 adjusted EPS of $10.06, surpassing the $5.43 estimate by 85.27%, despite a 14.31% decrease from last year's $11.74 EPS. Sales reached $491.60M, slightly beating the $489.53M estimate and marking a 7.10% increase from the previous year.

Portfolio Pulse from bharat@benzinga.com

January 31, 2024 | 9:04 pm