Streetbeat News

Earnings

DK

Delek US Holdings (NYSE:DK) reported a 68.65% increase in Q1 earnings to $15.30 million, while sales decreased by 12.39% to $3.92 billion. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation. Q1 earnings per share were $1.37, beating analyst predictions of $1.02.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:58 pm

BTAI

BioXcel Therapeutics (NASDAQ:BTAI) reported Q1 sales of $206 thousand and a loss of $52.80 million, with a Return on Capital Employed (ROCE) of -1.0%. The negative ROCE suggests inefficient capital allocation, which may impact the company's long-term success.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:58 pm

THS

Treehouse Foods (NYSE:THS) reported Q1 earnings of $15.20 million, a 164.96% increase from the previous quarter, while sales decreased by 10.18% to $894.80 million. The company posted a return on capital employed (ROCE) of 0.01%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:58 pm

ACRS

Aclaris Therapeutics (NASDAQ:ACRS) reported Q1 sales of $2.53 million and a loss of $28.16 million, a 1.9% decrease from last quarter. The company posted a negative ROCE of -0.16%, suggesting inefficient capital allocation. Q1 earnings per share were $-0.42, beating analyst predictions of $-0.44.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:57 pm

UNVR

Univar Solns (NYSE:UNVR) reported a 16.06% increase in earnings to $83.10 million and a 3.56% increase in sales to $2.68 billion during Q1. The company posted a return on capital employed (ROCE) of 0.03%, indicating effective capital allocation. Q1 earnings per share were $0.63, beating analyst predictions of $0.61.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:57 pm

CVT

Cvent Holding (NASDAQ:CVT) reported Q1 sales of $166.21 million and a loss of $32.64 million, a 70.49% decrease from last quarter. The company posted a negative Return on Capital Employed (ROCE) of -0.02%, suggesting inefficient capital allocation. Q1 earnings per share were -$0.07, missing analyst predictions of $0.03.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:57 pm

PGNY

Progyny (NASDAQ:PGNY) reported a 418.72% increase in earnings to $17.68 million and a 20.56% increase in sales to $258.39 million during Q1. The company posted a return on capital employed (ROCE) of 0.04%, indicating effective capital allocation.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:56 pm

AVTA

Avantax (NASDAQ:AVTA) reported a 99.55% decrease in earnings from Q4, despite a 3.24% increase in sales to $177.98 million. The company posted an ROCE of 0.0% in Q1, suggesting effective capital allocation. However, Q1 earnings per share of $-0.01 did not meet analyst predictions of $0.18.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:56 pm

KMPR

Kemper (NYSE:KMPR) reported Q1 sales of $1.29 billion and a loss of $80.10 million, a 44.32% decrease from last quarter. The company posted a negative ROCE of -0.03%, suggesting inefficient capital allocation. Q1 earnings per share were $-1.02, missing analyst predictions of $-0.88.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:55 pm

CERT

Certara (NASDAQ:CERT) reported an 85.2% decrease in Q1 earnings, despite a 4.23% increase in sales to $90.30 million. The company posted a return on capital employed (ROCE) of 0.0%, indicating effective capital allocation. However, Q1 earnings per share of $0.12 did not meet analyst predictions.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 2:55 pm