Streetbeat News

Revenues

CHR

Cheer Holding reported a decrease in its fiscal year earnings per share (EPS) to $3.53 from $3.95 year-over-year (YoY), and a decline in sales to $152.33 million from $157.08 million YoY.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:09 pm

URGN

UroGen Pharma forecasts its full-year 2024 net product revenues from Jelmyto to be between $95 million and $102 million.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:09 pm

CINT

CI&T Inc projects its FY24 net revenue growth to range between -2.5% to +2.5% year-over-year at constant currency.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 12:02 pm

PI

Impinj (NASDAQ:PI) has received mixed analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for Impinj is now $124.17, marking an 18.45% increase from the previous target. Analysts from firms like Canaccord Genuity and Goldman Sachs have raised their price targets, reflecting optimism about the company's future. Despite this, Impinj faces financial challenges, including a below-average market capitalization, a negative revenue trend, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:01 pm

AEE

Recent evaluations by 5 financial analysts on Ameren (NYSE:AEE) show diverse outlooks, with an average 12-month price target of $74.2, reflecting a slight increase from the previous target. Analyst actions include ratings adjustments and price target changes, indicating varied perspectives on Ameren's performance. Despite facing revenue challenges and below-average profitability metrics, Ameren's market position remains robust, supported by its significant market capitalization and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:00 pm

PLMR

In the last three months, 4 analysts have updated their ratings on Palomar Holdings (NASDAQ:PLMR), showing a shift towards a more bullish outlook. The average 12-month price target has been raised to $82.75, up 14.53% from the previous $72.25. Analysts from Jefferies, Keefe, Bruyette & Woods, Truist Securities, and Evercore ISI Group have all raised their price targets, indicating a positive sentiment towards PLMR's market position and financial health, highlighted by its revenue growth, net margin, and ROE.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 12:00 pm

DTC

Solo Brands projects its 2024 revenue to be between $490M-$510M, aligning closely with the $503.28M consensus. The company anticipates an adjusted EBITDA margin of 10%-12%. Despite optimism for brand strength and growth, Solo Brands acknowledges the uncertain economic environment and potential consumer spending pressures.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:21 am

ACIU

AC Immune SA (ACIU) reported its FY23 financial results, showcasing a significant increase in revenue to CHF14.80 million from CHF3.94 million year-over-year. The company also reported a reduced EPS loss of CHF(0.64) compared to CHF(0.85) in the previous year, alongside a strong cash balance of CHF103.1 million.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:17 am

TLRY

Tilray Brands has received approval for the first medical cannabis extract in Portugal, marking a significant milestone in the company's expansion in the European market. This approval could potentially increase Tilray's market share and revenue in the region.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 11:16 am

MSFT

ORCL

Oracle Corporation (NYSE:ORCL) is experiencing premarket gains after announcing an expanded partnership with Microsoft Corporation (NASDAQ:MSFT) to meet the growing demand for Oracle Database@Azure globally. The expansion will bring the service to 15 regions worldwide, including Europe. Oracle also introduced new products and features, such as Oracle Cloud EPM for Sustainability and AI capabilities in Oracle Fusion Data Intelligence. Oracle's FY23 revenue growth was 17.7%, influenced by various factors including the macroeconomic environment. The company's performance and stock growth are compared to its peers and the broader Information Technology sector.

Portfolio Pulse from Nabaparna Bhattacharya

March 14, 2024 | 11:15 am