Streetbeat News

Revenues

PLXS

Plexus Corp. expects a strong finish to FY24, forecasting growth in revenue and non-GAAP operating margin for each quarter.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:40 pm

ALRS

Alerus Financial (ALRS) reported Q1 2024 earnings of $0.32 per share, meeting analyst estimates, with a 20% decrease from the previous year. Sales were $47.542M, slightly above estimates but down 2.8% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:40 pm

PLXS

Plexus Corp. projects its Q3 revenue to be between $960M and $1.00B, falling short of the estimated $1.022B. However, its adjusted EPS is expected to range from $1.22 to $1.37, surpassing the estimated $1.09.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:39 pm

PI

Impinj forecasts Q2 2024 GAAP EPS of $0.20-$0.25, surpassing the $0.19 estimate, and non-GAAP EPS of $0.72-$0.77. Revenue is expected to be between $96M-$99M, significantly higher than the $78.93M estimate. This outlook includes $15M from an annual license fee for intellectual property use. The guidance reflects current market conditions, with a note that actual results could vary.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:33 pm

ATNI

ATN International (NASDAQ:ATNI) reported Q1 sales of $186.794M, missing the consensus estimate of $191.250M by 2.33%, but marking a 0.55% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:32 pm

ESRT

Empire State Realty Trust (ESRT) reported Q1 2024 FFO of $0.21 per share, surpassing the $0.19 estimate, marking a 31.25% increase from last year. However, their sales of $153.882M fell short of the $174.385M estimate, despite being a 9.84% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:29 pm

EHC

Encompass Health projects its FY24 adjusted EPS to be between $3.86 and $4.11, compared to the estimated $3.97. The company anticipates revenue to range from $5.250 billion to $4.325 billion, slightly below the estimated $5.261 billion.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:29 pm

CCS

Century Communities projects to deliver 10,000 to 11,000 homes in 2024, with expected home sales revenues ranging from $3.8 billion to $4.2 billion.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:29 pm

AMZN

MSFT

Amazon.com Inc's Fallout TV series on Prime Video has significantly increased the number of Fallout game players, with Bethesda, a Microsoft Corp. subsidiary, reporting nearly 5 million daily players. The surge in gameplay has been supported by data from Steam, showing increased players for Fallout 4, Fallout 76, and Fallout: New Vegas, along with revenue growth for Fallout Shelter. The upcoming next-gen update for Fallout 4 is expected to attract even more players.

Portfolio Pulse from Franca Quarneti

April 24, 2024 | 8:23 pm

URI

United Rentals projects its FY24 revenue to be in the range of $14.950B to $15.450B, compared to the estimated $15.036B.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:21 pm