Streetbeat News

Earnings

WHR

Whirlpool Corporation (NYSE:WHR) reported Q4 2023 adjusted earnings per share (EPS) of $3.85, surpassing the analyst consensus estimate of $3.56 by 8.15%.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:05 pm

TRNS

Transcat (NASDAQ:TRNS) reported Q3 earnings with an EPS of $0.56, surpassing the estimate of $0.35 by 60.0%. Revenue increased by $7.76 million compared to the same period last year. Despite beating EPS estimates last quarter, TRNS's share price fell by 3.48% the following day. The company has a history of surpassing EPS estimates in recent quarters.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:05 pm

SANM

Sanmina Corporation (NASDAQ:SANM) reported Q1 earnings with an EPS of $1.3, beating estimates by 6.56% but with a revenue decline from the previous year. Last quarter's EPS miss resulted in a 14.33% share price drop the following day. Historical earnings data shows fluctuating performance over the past four quarters.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:05 pm

SANM

Sanmina Corporation (NASDAQ: SANM) reported Q1 adjusted EPS of $1.30, surpassing the consensus estimate of $1.22, and sales of $1.88B, slightly above the $1.87B estimate. However, these figures represent a decrease from the previous year, with earnings down 20.73% and sales down 20.58% from the same period last year.

Portfolio Pulse from totan@benzinga.com

January 29, 2024 | 9:03 pm

DAIO

Data I/O Corporation reported preliminary Q4 net sales of $6.8 million and bookings of $7.2 million.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:03 pm

WWD

Woodward Inc. reported Q1 2024 adjusted earnings per share (EPS) of $1.45, surpassing the analyst estimate of $1.10. Sales for the quarter were $787 million, also exceeding the expected $748.29 million.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 9:02 pm

TRNS

Transcat (NASDAQ:TRNS) reported Q3 adjusted EPS of $0.56, surpassing the $0.35 estimate, a 60% year-over-year increase. Sales reached $65.17M, exceeding the $63.68M estimate and marking a 13.53% increase from the previous year.

Portfolio Pulse from totan@benzinga.com

January 29, 2024 | 9:02 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has been analyzed by 39 analysts, showing a range of opinions. The average 12-month price target is $248.26, up 14.47% from the previous target. Analysts from firms like JMP Securities, Keybanc, and Morgan Stanley have raised their price targets, reflecting a positive outlook on the company's performance. CrowdStrike's financials show strong revenue growth and net margin, but a lower ROE compared to industry averages. The company's low debt-to-equity ratio indicates a healthy balance of financing.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 9:01 pm

ZM

Zoom Video Comms Inc. (NASDAQ:ZM) has seen a slight drop in its stock price in the current session and has experienced declines over the past month and year. Investors are examining the company's P/E ratio, which is lower than the Software industry average, suggesting that the stock might be undervalued or that shareholders have low growth expectations.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 7:30 pm

AMD

MCHP

QCOM

QRVO

SLAB

SWKS

The semiconductor industry is experiencing mixed Q4 earnings results, with KeyBanc Capital Markets providing insights and ratings for six companies reporting in the upcoming week: AMD, MCHP, QRVO, QCOM, SLAB, and SWKS. Texas Instruments and Intel reported lower-than-expected results and guidance, while optimism remains for AMD, and solid results are expected for smartphone semiconductor companies. The IoT sector, represented by SLAB, is anticipated to show gradual recovery.

Portfolio Pulse from Surbhi Jain

January 29, 2024 | 7:27 pm