Streetbeat News

Revenues

ADEA

Adeia has reaffirmed its fiscal year 2024 revenue guidance, projecting revenues to be in the range of $380 million to $420 million, compared to the estimated $399.901 million by analysts.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:13 pm

MYPS

PLAYSTUDIOS has reaffirmed its fiscal year 2024 revenue guidance, maintaining it within the range of $315 million to $325 million, which aligns closely with the analyst estimate of $319.309 million.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:06 pm

VMD

Viemed Healthcare reported Q1 2024 earnings of $0.04 per share, missing the $0.07 estimate, but sales of $50.593M exceeded the $50.000M forecast, marking a 27.90% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:05 pm

SIBN

SI-BONE has updated its FY24 worldwide revenue guidance, increasing it from the previous range of $162M-$165M to a new range of $164M-$166M, compared to the analyst estimate of $163.631M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:03 pm

PAY

Paymentus Holdings projects its FY24 revenue to be between $737M and $755M, surpassing the estimated $731.501M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:01 pm

PAY

Paymentus Holdings projects its Q2 2024 revenue to be between $178M and $183M, slightly above the estimated $177.975M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:01 pm

SPT

In the past three months, 20 analysts have provided diverse ratings for Sprout Social (NASDAQ:SPT), with sentiments ranging from bullish to bearish. Recent adjustments show a shift towards more cautious stances, with several analysts lowering their price targets, leading to a decrease in the average 12-month price target from $71.67 to $61.45. This reflects changing market dynamics and company performance. Sprout Social's financials indicate a revenue growth of 34.34% but also highlight challenges in profitability and efficiency, with below-average net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:01 pm

PAA

Plains All American (NASDAQ:PAA) has received mixed ratings from analysts, with a recent trend towards more bullish perspectives. Over the past three months, 7 analysts have offered ratings ranging from bullish to bearish. The average 12-month price target for PAA has been raised to $20.21, indicating an 11.78% increase from the previous target of $18.08. Analysts from Citigroup, Stifel, UBS, Goldman Sachs, Scotiabank, and Truist Securities have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Plains All American, involved in the transportation and marketing of oil and gas products, faces challenges in revenue growth, profitability, and asset utilization compared to industry averages.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:01 pm

GTLS

Analysts have mixed views on Chart Industries (NYSE:GTLS), with ratings ranging from bullish to bearish. The average 12-month price target is $191.14, showing a 5.99% increase from the previous target. Recent analyst actions include both upgrades and downgrades, reflecting varied perceptions of the company's performance and market position. Chart Industries, known for its cryogenic equipment and natural gas processing solutions, has shown significant revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:00 pm

DVA

Six analysts have recently updated their ratings on DaVita (NYSE:DVA), showing a mix of opinions with 2 bullish and 4 indifferent. The average 12-month price target has been raised to $137.83 from $126.00, indicating a positive outlook on the stock. DaVita, a leading provider of dialysis services in the U.S., has shown strong financial performance with a notable revenue growth rate of 6.89% and impressive ROE and ROA figures. However, concerns are raised due to its high debt-to-equity ratio of 12.79.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 9:00 pm