Streetbeat News

Earnings

FOR

Forestar Group reported Q4 earnings of $1.44 per share, beating the analyst consensus estimate of $0.94 by 53.19%. The company also reported quarterly sales of $549.70 million, surpassing the analyst consensus estimate of $399.05 million by 37.75%. Both earnings and sales have seen significant increases compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:31 am

VPG

Vishay Precision Group (NYSE:VPG) reported Q3 adjusted earnings of $0.47 per share, missing the analyst consensus estimate of $0.56 by 16.07%. This is a 31.88% decrease from the same period last year. The company also reported quarterly sales of $85.90 million, missing the analyst consensus estimate of $90.11 million by 4.67%. This is a 4.62% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:31 am

DHI

D.R. Horton reported Q4 earnings of $4.45 per share, beating the analyst consensus estimate of $3.93 by 13.23%. However, this is a 4.71% decrease from the same period last year. The company also reported quarterly sales of $10.50 billion, beating the analyst consensus estimate of $10.01 billion by 4.94%, and marking an 8.97% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:31 am

SEAT

Vivid Seats (NASDAQ:SEAT) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.04 by 75%. However, this is a 22.22% decrease from the same period last year. The company also reported quarterly sales of $188.13 million, beating the analyst consensus estimate of $153.64 million by 22.45%, and marking a 19.97% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 07, 2023 | 11:28 am

IREN

Iris Energy Limited (NASDAQ:IREN) reported $11.2M in mining revenue for October 2023, with a revenue per Bitcoin of $29,673. The company, which operates Bitcoin mining data centers powered by 100% renewable energy, also reported an average operating hashrate of 5,571 PH/s and mined 376 Bitcoins during the month.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:26 am

VTNR

Vertex Energy reported Q3 renewable diesel throughput of 5,397 barrels per day (BPD), with phase one capacity utilization at 67.5%.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:18 am

MPLN

MultiPlan Corporation has increased its FY23 revenue guidance to $960M-$970M, up from the previous estimate of $950M-$980M. The company also expects its adjusted EBITDA to be between $615M-$625M, slightly lower than the previous range of $615M-$635M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:17 am

VTNR

Vertex Energy (NASDAQ:VTNR) reported Q3 earnings of $0.17 per share, beating the analyst consensus estimate of $0.14 by 21.43%. This is a 13.33% increase from the same period last year. The company also reported quarterly sales of $1.02 billion, beating the analyst consensus estimate of $894.39 million by 14.04%. This is a 25.89% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:16 am

ADTN

ALPN

ALTO

AMRC

AURA

CHRS

CLOV

SANM

VTYX

Several US stocks traded lower in Tuesday's pre-market session. Ventyx Biosciences, Alto Ingredients, Coherus BioSciences, Ameresco, Aura Biosciences, Clover Health Investments, Sanmina Corporation, Alpine Immune Sciences, ADTRAN Holdings, and Under Armour all recorded losses. The reasons for the decline include disappointing trial results, mixed Q3 financial results, downbeat Q3 results, weak quarterly sales, and wider-than-expected quarterly losses.

Portfolio Pulse from Lisa Levin

November 07, 2023 | 11:15 am

PAX

Patria Investments (NASDAQ:PAX) reported Q3 earnings of $0.23 per share, missing the analyst consensus estimate of $0.35 by 34.29%. The company also reported quarterly sales of $61.70 million, missing the analyst consensus estimate of $72.85 million by 15.31%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 07, 2023 | 11:15 am