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Revenues

LOPE

Grand Canyon Education provided its FY24 earnings and revenue guidance, expecting adjusted EPS to range between $7.57 and $8.04, compared to the estimated $7.65. Revenue projections are between $1.020 billion and $1.041 billion, against an estimate of $1.030 billion.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:18 pm

LOPE

Grand Canyon Education provided Q4 2024 earnings and revenue guidance, expecting adjusted EPS to be between $2.81 and $3.09, compared to the estimated $2.93. Revenue is anticipated to be between $287M and $299M, versus the estimated $294.467M.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:18 pm

APEI

American Public Education anticipates Q2 consolidated revenue between $153M-$155M, surpassing the estimated $150.125M. The EPS is projected to range from ($0.11) to $0.05, compared to the estimated $0.01.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:11 pm

ODD

ODDITY Tech has updated its FY24 financial outlook, raising EPS estimates from $1.49-$1.54 to $1.57-$1.62 and revenue forecasts from $620M-$630M to $626M-$635M. The company anticipates 23%-25% year-over-year revenue growth, a gross margin of 71.0%, and adjusted EBITDA between $139M-$143M. These adjustments reflect accelerated investments in growth initiatives, expected to impact adjusted EBITDA margin negatively in the latter half of 2024.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:07 pm

OPAD

Offerpad Solutions (NYSE:OPAD) received mixed analyst ratings over the past three months, with a shift towards a more cautious outlook in the last 30 days. The average 12-month price target for OPAD has been lowered to $8.6 from $9.25, indicating a negative sentiment shift. Analysts from firms including JMP Securities and Goldman Sachs have adjusted their price targets and ratings, reflecting concerns over Offerpad's market performance, revenue decline of -64.49%, and financial metrics such as net margin and ROE which, despite being strong, are set against a backdrop of challenging revenue growth and market capitalization issues.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:02 pm

WOOF

Petco Health and Wellness (NASDAQ:WOOF) was analyzed by 8 analysts, showing a mix of ratings from bullish to bearish. The average 12-month price target is now $2.62, down from $3.67, with a high estimate of $5.00 and a low of $1.50. Analysts from firms like Citigroup, B of A Securities, and Wells Fargo have lowered their price targets, reflecting a cautious outlook on the company's financial performance. Despite a solid revenue growth rate of 6.12% as of January 31, 2024, Petco faces challenges in profitability, debt management, and operational efficiency.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:01 pm

SNV

Synovus Financial Corp (NYSE:SNV) has seen varied analyst ratings over the last three months, with a mix of bullish to bearish perspectives among 22 analysts. The average 12-month price target is $41.82, a decrease from the previous $43.90. Analyst actions include both upgrades and downgrades, reflecting dynamic market conditions and company performance. Synovus Financial offers a range of banking services and has shown a negative revenue trend with a -7.92% growth over three months, a net margin of 21.35%, and an ROE of 2.53%. The company's market capitalization is below industry benchmarks, indicating potential growth challenges.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:01 pm

NOW

ServiceNow (NYSE:NOW) has received 17 analyst ratings in the last three months, ranging from bullish to bearish. The average 12-month price target is $881.53, with a high of $1000.00 and a low of $820.00, marking a slight decrease from the previous average of $888.33. Analysts have adjusted their ratings and price targets, reflecting their current views on the company's performance and market conditions. ServiceNow's financials show a positive revenue trend with a growth rate of 6.81% as of March 31, 2024, but its market capitalization is below the industry average. The company has a strong net margin of 13.33% and an ROA of 1.99%, but its ROE of 4.41% is below industry standards. Its debt-to-equity ratio of 0.28 indicates a healthy balance between debt and equity.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:01 pm

MITT

AG Mortgage IT (NYSE:MITT) received mixed analyst ratings with a spectrum from bullish to indifferent, based on 5 recent analyses. The average 12-month price target is set at $7.3, slightly up from the previous $7.25. Analysts from Keefe, Bruyette & Woods and JonesTrading, among others, have adjusted their ratings and price targets, reflecting a nuanced view of the company's prospects. AG Mortgage IT, a real estate investment trust, shows strong financial indicators such as a 95.79% revenue growth rate, a net margin of 65.99%, and an ROE of 5.2%, despite a high debt-to-equity ratio of 18.26.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 9:00 pm

CDRE

Cadre forecasts its FY24 net sales to be between $553M and $572M, which is around the $565M estimate previously projected.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm