Streetbeat News

Revenues

STR

Sitio Royalties reported a significant decrease in its FY23 earnings per share (EPS) to $(0.20) from $1.10 in the previous year. However, the company's revenue saw a substantial increase, rising to $593.36 million from $369.61 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 6:33 am

ECO

Okeanis Eco Tankers reports a decrease in Q4 earnings per share to $0.66 from $1.50 year-over-year, with revenues falling to $91.7M from $110.2M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 6:19 am

EWA

Australia's retail sales for January showed a preliminary increase of 1.1%, which is below the estimated 1.6% but an improvement from the previous month's revised -2.1%.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 5:16 am

EWA

Australia's private new capital expenditure for Q4 increased by 0.8%, surpassing the estimated 0.4% and the revised prior of 0.3%. This indicates a stronger than expected economic activity in the private sector.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 5:16 am

BBJP

DXJ

EWJ

The Bank of Japan's Core Consumer Price Index (CPI) year-over-year has been reported at 2.6%, which is higher than the estimated 2.3% but remains the same as the prior figure.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 5:12 am

SRI

Stoneridge, Inc. has reaffirmed its long-term target for 2027 and set new financial goals for 2028, aiming for revenues between $1.35 billion and $1.55 billion and an EBITDA margin target of 12.0% to 14.0%.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:46 pm

LPSN

LivePerson projects a significant revenue shortfall for 2024, with expectations of $300M-$315M against analysts' estimates of $401.64M. Similarly, Q1 revenue projections of $79M-$83M fall short of the expected $96.231M. These projections exclude $7.2M of Kasamba revenue from Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:44 pm

RRGB

Red Robin Gourmet Burgers projects FY24 total revenue to be between $1.250B-$1.275B, slightly below the estimated $1.281B. The company anticipates a low single-digit percentage decline in comparable restaurant revenue, with adjusted EBITDA expected to be between $60 million to $70 million and capital expenditures forecasted at $25 million to $35 million.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:36 pm

WHD

Cactus projects Q1'2024 US land activity levels to remain roughly the same as the previous quarter. In its Pressure Control segment, a slight revenue decline is expected due to lower production equipment sales compared to the rig count in Q4. However, in Spoolable Technologies, a modest revenue increase is anticipated due to rising customer demand.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:33 pm

CTKB

Cytek Biosciences projects its 2024 total revenue to be between $203M and $213M, aligning with an estimated $207.12M. The company also anticipates reporting positive net income for the year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 10:29 pm