Streetbeat News

Revenues

FG

F&G Annuities & Life (NYSE:FG) reported Q1 2024 earnings of $0.86 per share, missing the $1.00 estimate, but sales of $1.569B exceeded the $1.167B estimate, marking an 80.55% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:17 pm

NWSA

News Corp (NASDAQ:NWSA) reported Q3 2024 earnings of $0.11 per share, surpassing the consensus estimate of $0.10. However, their quarterly sales of $2.420 billion fell short of the expected $2.453 billion, marking a 1.10% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:16 pm

EHAB

Enhabit (NYSE:EHAB) reported Q1 adjusted earnings of $0.07 per share, surpassing the $0.04 estimate, but its sales of $262.40M fell short of the $267.93M forecast. This reflects a 22.22% decrease in earnings and a 1.02% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:15 pm

INST

Instructure has projected its Q2 revenue to be between $166.5M and $167.5M, surpassing the estimated $163.88M. For FY24, the company expects revenue to range from $656.5M to $666.5M, which is around the analyst's expectation of $661.31M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:14 pm

EXAS

Exact Sciences has reaffirmed its revenue guidance for the year 2024, projecting revenues to be in the range of $2.810 billion to $2.850 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:11 pm

DUOL

Duolingo projects its Q2 revenues to be between $175M and $177.5M, slightly below the estimated $176.9M. For FY24, the company expects revenues to range from $726.5M to $735.5M, closely aligning with the $728.23M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:04 pm

HPK

HighPeak Energy (HPK) reported Q1 2024 earnings of $0.37 per share, meeting analyst estimates, with sales of $287.76M surpassing the $283M forecast, marking a 28.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:03 pm

ADTN

Adtran Holdings (NASDAQ:ADTN) has been analyzed by 4 analysts in the last three months, showing a mix of bullish and indifferent ratings. The average 12-month price target is $7.88, down 7.29% from the previous $8.50. Analyst actions include maintaining and lowering ratings, with price targets ranging from $7.50 to $8.00. Adtran Holdings, a provider of networking and communications solutions, faces challenges with a -37.06% revenue decline and below-average profitability metrics. Despite this, its debt-to-equity ratio suggests a sound financial structure.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:01 pm

GEO

Six analysts have recently rated GEO Group (NYSE:GEO), all somewhat bullish, with a 12-month price target average of $16.83, a slight decline from the previous target. Analyst Jay McCanless from Wedbush has made multiple adjustments to his price targets and ratings, maintaining an 'Outperform' stance. GEO Group, specializing in detention facilities and community reentry centers, faces financial challenges with a -2.0% revenue growth, a net margin of 3.44%, and a high debt-to-equity ratio of 1.46.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:01 pm