Streetbeat News

Earnings

AAPL

Apple reported a significant increase in iPhone net sales for Q1 2024, reaching $69.702 billion compared to $43.805 billion in the previous period. This substantial growth indicates a strong demand for iPhones, potentially reflecting successful product launches or marketing strategies.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:31 pm

AUVI

EXPO

GWH

ROMA

VLRS

In Thursday's after-market session, several industrials stocks showed notable movements. Roma Green Finance (ROMA) led the gainers with a 23.1% increase, while Exponent (EXPO) led the losers with a 6.5% decrease following its Q4 earnings report. Other notable movers included ESS Tech (GWH), Singularity Future Tech (SGLY), and Controladora Vuela (VLRS) among the gainers, and Applied UV (AUVI), Royalty Management Holdings (RMCO), and Dragonfly Energy Holdings (DFLI) among the losers.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:31 pm

ASX

CCTG

EGHT

GEN

TEAM

In Thursday's after-market session, 12 Information Technology stocks showed significant movements. CCSC Technology led the gainers with a 64.1% increase, while 8x8 experienced the largest drop among the losers, declining by 13.1%. Notably, ASE Tech Holding Co's shares rose by 4.93% following their Q4 earnings report, and both Gen Digital and Atlassian saw declines after their Q3 and Q2 earnings reports, respectively.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:31 pm

AAPL

Apple Inc. (AAPL) reported Q1 2024 adjusted earnings per share (EPS) of $2.18, surpassing the consensus estimate of $2.10 by 3.81%. Quarterly sales reached $119.60 billion, exceeding expectations of $117.91 billion by 1.43% and marking a 2.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:30 pm

AAPL

Apple (AAPL) reported Q1 sales of $119.60 billion, surpassing the analyst consensus estimate of $117.91 billion by 1.43% and marking a 2.09% increase from $117.15 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:30 pm

HLI

Houlihan Lokey (NYSE:HLI) reported Q3 earnings with an EPS of $1.22, beating estimates by 7.02% and showing a revenue increase of $54.63 million from the previous year. Despite beating EPS estimates last quarter, the share price dropped by 1.09% the following day.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:30 pm

MATW

Matthews International (NASDAQ:MATW) reported Q1 earnings with an EPS of $0.37, matching estimates. Revenue increased by $746 thousand year-over-year. Despite beating EPS estimates in the previous quarter, MATW's share price dropped by 3.85% the following day. Historical earnings data shows fluctuating performance over the past year.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:30 pm

PMT

PennyMac Mortgage (NYSE:PMT) reported Q4 earnings with a 37.5% beat on estimated EPS, reporting $0.44 versus an estimate of $0.32. Revenue increased by $35.41 million from the same period last year. The company had previously beaten EPS estimates last quarter, which led to a 14.55% share price increase the next day.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 9:30 pm

COLM

Columbia Sportswear Company projects its FY24 earnings per share (EPS) to be between $3.45 and $3.85, with net sales expected to range from $3.35 billion to $3.42 billion.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 9:28 pm

PMT

PennyMac Mortgage (PMT) reported Q4 earnings of $0.44 per share, surpassing the $0.32 estimate, marking a 728.57% increase from last year. However, their sales of $84.77M fell short of the $97.10M estimate, despite being a 71.72% increase from the previous year.

Portfolio Pulse from totan@benzinga.com

February 01, 2024 | 9:27 pm