Streetbeat News

Revenues

FIZZ

National Beverage (NASDAQ:FIZZ) reported Q4 2024 GAAP EPS of $0.47, meeting analyst estimates, and sales of $297.315M, beating estimates by 2.16%. EPS increased by 20.51% YoY, and sales increased by 3.70% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:36 pm

BB

BlackBerry Ltd (NYSE:BB) reported better-than-expected fiscal Q1 results, with revenue of $144 million and a loss of 3 cents per share, both beating estimates. The company saw significant growth in its IoT and Cybersecurity segments and provided positive guidance for the next quarter and full year. BlackBerry shares rose 7.69% after hours.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 9:27 pm

BMRC

Bank of Marin (BMRC) has sold $293M in available-for-sale securities, representing 56% of its AFS portfolio, to improve future earnings and increase its return on equity. The sale will result in an estimated after-tax loss of $23 million in Q2 2024. Reinvestment at a 5.75% yield is expected to improve net interest margin and contribute to earnings per share accretion over the next year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:23 pm

BB

BlackBerry announced that it remains on track to be profitable on a non-GAAP basis and generate positive cash flow in Q4.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:14 pm

JEF

Jefferies Financial Group (NYSE:JEF) reported Q2 2024 adjusted EPS of $0.67, missing the $0.71 estimate, but achieved sales of $1.656 billion, surpassing the $1.631 billion estimate. Sales increased by 59.60% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:13 pm

BB

BlackBerry has provided its financial outlook for FY25, expecting revenue between $586 million and $616 million, with an estimated adjusted EPS ranging from $(0.03) to $(0.07). The revenue estimate is $600.973 million, and the adjusted EPS estimate is $(0.04).

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:13 pm

AIRT

Air T reported FY24 revenues of $286.8 million, a 16% increase from the previous year. The company also reported a loss per share of $(2.42), an improvement from $(4.32) last year.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:57 pm

LEVI

Levi Strauss & Co (NYSE:LEVI) reported mixed Q2 results with earnings beating estimates but sales slightly missing expectations. Despite positive growth in DTC and e-commerce, weak guidance for fiscal year 2024 led to a 12.85% drop in after-hours trading.

Portfolio Pulse from Erica Kollmann

June 26, 2024 | 8:56 pm

QQQ

SPY

The upcoming release of the Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred inflation measure, is expected to show a decrease, potentially boosting market confidence and leading to a rally in stock prices. Economists predict a slight drop in both the headline and core PCE inflation rates for May, which could strengthen expectations for future interest rate cuts.

Portfolio Pulse from Piero Cingari

June 26, 2024 | 8:53 pm

ATEX

Anterix has provided an update on its Demonstrated Intent Metric, indicating strong and growing interest in PLTE networks using the 900 MHz spectrum.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:52 pm