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Revenues

STR

Sitio Royalties (NYSE:STR) has received mixed analyst evaluations over the past three months, with a recent shift towards more bullish sentiments. The average 12-month price target for STR has slightly increased to $28.14. Analysts from Keybanc, Piper Sandler, Barclays, and Truist Securities have updated their ratings and price targets, reflecting changes in market conditions and company performance. Sitio Royalties, a mineral and royalty company, has shown a notable revenue growth rate of 49.43% as of December 31, 2023, but struggles with profitability and efficiency metrics such as net margin, ROE, and ROA.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 9:01 pm

AMRC

Ameresco (NYSE:AMRC) has seen a diverse range of analyst ratings over the last three months, with recent actions including lowered price targets despite maintaining positive ratings. The average 12-month price target has declined to $35.00 from $41.67. Ameresco's financial performance shows strong revenue growth and net margin, but its debt-to-equity ratio is higher than the industry average.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 9:00 pm

MTZ

In the last three months, 14 analysts have provided diverse ratings on MasTec (NYSE:MTZ), with a current average 12-month price target of $92.36, reflecting a 22.25% increase from the previous target. The ratings range from bullish to indifferent, with recent actions including upgrades and new targets set by firms such as Citigroup and Barclays. MasTec, a leading infrastructure construction company, has shown a revenue growth of 9.03% but faces challenges with below-average net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 9:00 pm

CATY

Cathay General (NASDAQ:CATY) reported Q1 2024 earnings of $0.98 per share, meeting analyst estimates but marking a 25.76% decrease from the previous year. Sales were $175.183M, missing estimates by 6.55% and showing a 15.24% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:50 pm

AILE

iLearningEngines reported a significant increase in its Q4 and FY23 revenues, with Q4 revenue up 39% YoY to $116M and FY23 revenue up 36% YoY to $421M. The company also saw a 43% increase in ARR to $447M and an improvement in NDR to 125%. Despite these gains, iLearningEngines posted a GAAP net loss of $4M for both Q4 and the full year. Adjusted EBITDA for Q4 was $10M and $23M for the full year, indicating margin expansion.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:43 pm

TOVX

Theriva Biologics will present preclinical data at the American Society for Cell and Gene Therapy 27th Annual Meeting, showing that its lead product candidate, VCN-01, in combination with liposomal irinotecan, demonstrated enhanced anti-tumor effects in a human pancreatic mouse xenograft. This synergy highlights VCN-01's potential in various chemotherapy combinations for improved pancreatic cancer treatment efficacy.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:37 pm

NBTB

NBT Bancorp (NBTB) reported Q1 2024 earnings of $0.68 per share, meeting analyst estimates, with sales of $140.566M surpassing the $135.325M forecast, marking an 11.14% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:36 pm

SSD

Simpson Manufacturing has reaffirmed its FY24 operating margin forecast of 20.0%-21.5% and reduced its capital expenditure estimate from $200 million to $185 million. The company anticipates low single-digit growth in U.S. housing starts, but expects European housing starts to be below the prior year.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:30 pm

OPRT

Oportun Financial Corporation (OPRT) has announced its preliminary Q1 total revenue to be between $248M and $250M, surpassing the estimated $235.84M.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:27 pm

SAP

SAP anticipates maintaining its headcount in 2024, similar to the end of 2023, while projecting significant growth in cloud revenue, cloud and software revenue, and non-IFRS operating profit. The company expects cloud revenue to increase by 24% to 27%, cloud and software revenue by 8% to 10%, and non-IFRS operating profit by 17% to 21%, all at constant currencies. However, free cash flow is projected to decrease to approximately €3.5 billion from €5.09 billion in 2023, with an effective tax rate increase to 32% from 30.3%.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:24 pm