Streetbeat News

Earnings

FHB

First Hawaiian (NASDAQ:FHB) reported Q4 earnings of $0.37 per share, missing the consensus estimate of $0.44 by 15.91%. Year-over-year, earnings decreased by 40.32% from $0.62 per share. However, quarterly sales of $210.14M exceeded estimates by 4.53% but showed a 4.46% decrease from the previous year's $219.94M.

Portfolio Pulse from totan@benzinga.com

January 26, 2024 | 1:02 pm

GNTX

Gentex Corporation (NASDAQ:GNTX) reported Q4 earnings per share (EPS) of $0.50, surpassing the consensus estimate of $0.44 by 13.64%. Year-over-year, this represents a 35.14% increase from $0.37 EPS. Quarterly sales reached $589.10 million, exceeding estimates of $559.48 million by 5.29% and marking a 19.34% increase from the previous year's $493.65 million.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 1:01 pm

AVTR

Avantor (NYSE:AVTR) has been rated by 10 financial analysts in the last three months, with a majority holding a bullish or somewhat bullish stance. The average 12-month price target is $24.55, with a high of $28.00 and a low of $21.00, indicating a 9.11% increase from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with several raising their targets. Avantor operates in various industries and has a smaller market capitalization compared to peers, a recent revenue decline of -7.34%, but strong profitability indicators such as a net margin of 6.3% and ROE of 2.14%. However, the company's debt management is a concern with a debt-to-equity ratio of 1.1.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:01 pm

TENB

Tenable Holdings (NASDAQ:TENB) received mixed analyst ratings with an average 12-month price target of $52.00, a slight increase from the previous $51.67. Analysts' actions included both upgrades and downgrades, reflecting a range of perspectives on the company's performance. Tenable, a cybersecurity firm, has shown solid revenue growth but faces challenges with profitability and efficiency metrics. The company's market capitalization is below industry benchmarks, and it has a lower than average growth rate compared to peers.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:00 pm

HCAT

Health Catalyst (NASDAQ:HCAT) has been reviewed by 7 analysts over the last three months, with a mix of bullish and bearish sentiments. The average 12-month price target is now $11.29, down 8.43% from the previous $12.33. Analysts have adjusted their ratings and price targets in response to company performance and market dynamics, with some raising and others lowering their expectations. Health Catalyst is a provider of data and analytics technology and services to healthcare organizations, with a market cap below the industry average and a revenue growth rate of 7.93%. The company has a high net margin of -29.86% and an ROE of -5.71%, with a debt-to-equity ratio of 0.65.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:00 pm

KMPR

Analysts have diverse opinions on Kemper (NYSE:KMPR), with recent ratings ranging from bullish to bearish. Over the last three months, the sentiment has shifted positively, with more analysts giving bullish ratings. The average 12-month price target for KMPR is now $63.00, up from the previous $55.50, indicating a potential increase of 13.51%. Analysts from Raymond James, Piper Sandler, and UBS have raised their price targets. Kemper's financials show challenges with a revenue decline of -12.26%, a net margin of -12.24%, an ROE of -6.0%, an ROA of -1.14%, and a high debt-to-equity ratio of 0.59.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:00 pm

EGLE

Eagle Bulk Shipping (NYSE:EGLE) has been rated by 4 analysts in the past three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target is now $53.55, down 15% from the previous target. Analysts from Stifel, Noble Capital Markets, B. Riley Securities, and Jefferies have provided recent evaluations, with adjustments to ratings and price targets. Eagle Bulk Shipping's financial performance shows challenges, with a significant revenue decline, below-average net margin, ROE, and ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 1:00 pm

INTC

MSFT

Intel Corp. (INTC) reported a record performance in consumer notebook shipments for the December quarter, with a 10% year-on-year increase in Q4 revenue to $15.4 billion, surpassing Wall Street estimates. The growth was led by the Client Computing Group with a 33% increase in revenue. Intel is optimistic about the 'year of AI PC' in 2024, as envisioned by Microsoft Corp. (MSFT), which is integrating AI across its products, including a dedicated AI Copilot key in keyboards. Both companies anticipate that the AI push could drive PC shipments above pre-Covid levels.

Portfolio Pulse from Rounak Jain

January 26, 2024 | 12:59 pm

UBSI

United Bankshares (NASDAQ:UBSI) reported Q4 earnings per share (EPS) of $0.59, missing the consensus estimate of $0.65 by 9.23%. Year-over-year, this represents a 20.27% decrease from $0.74 EPS. However, their quarterly sales of $263.37M exceeded estimates of $259.28M by 1.58%, despite being a 6.04% decrease from the previous year's $280.28M.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 12:56 pm

MBCN

Middlefield Banc (NASDAQ:MBCN) reported Q4 earnings with an EPS of $0.44, missing estimates by 12.0% against the expected $0.5. Revenue increased by $482 thousand compared to the same period last year. The company's share price dropped by 0.9% the day after missing EPS estimates last quarter.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 12:40 pm