Streetbeat News

Revenues

PARR

Par Pacific Holdings (PARR) reported Q4 2023 adjusted EPS of $1.08, surpassing the $1.06 estimate, with sales of $2.18B exceeding the $2.14B forecast. This represents a 20.74% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:51 pm

JAMF

Jamf has provided its revenue expectations, forecasting $148M-$150M for Q1, slightly below the estimated $150.656M. For the full year 2024, the company anticipates revenues between $614.5M-$619.5M, which is below the expected $641.828M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:48 pm

ATEC

ATEC projects its full year 2024 total revenue to be around $595M, indicating a 23% year-over-year growth, with surgical revenue at $530M and EOS revenue at $65M. The company also anticipates its non-GAAP adjusted EBITDA to be approximately $22M, reflecting a 560 basis points improvement in adjusted EBITDA margin compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:43 pm

GNL

Global Net Lease (GNL) reported Q4 2023 FFO of $0.21 per share, missing the $0.39 estimate, but sales of $206.73M exceeded the $197.07M estimate, marking a 120.04% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:43 pm

INSE

Inspired Entertainment (NASDAQ:INSE) reported Q3 2023 earnings of $0.17 per share, missing the consensus estimate of $0.38 by 55.26%. However, their quarterly sales of $97.50 million exceeded the estimate of $93.81 million by 3.93%, marking a 30.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:39 pm

SBRA

Sabra Health Care REIT (SBRA) reported Q4 2023 earnings of $0.33 per share, meeting analyst estimates, with sales of $163.40M surpassing the $158.10M forecast, a 3.35% beat but a 0.96% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:38 pm

ZETA

Zeta projects its Q1 revenue to be between $185M-$189M, slightly above the estimated $185.92M. For the full year 2024, Zeta anticipates revenue to range from $870M to $880M, surpassing the estimated $851.22M.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:37 pm

SPCE

Virgin Galactic Holdings (NYSE:SPCE) reported its Q4 financial results, revealing a revenue miss and an EPS beat. The company announced a Q4 net loss of $104 million, an improvement from the previous year. Full-year revenue for 2023 was $7 million, driven by commercial spaceflights and membership fees. Virgin Galactic ended Q4 with $982 million in cash and expects Q1 revenue of around $2 million with a free cash flow loss between $125 million and $135 million. The company's Galactic 07 spaceflight is scheduled for Q2 2023, and its spaceship factory in Arizona is set to open in mid-2024, with Delta Class spaceship production on track for 2026.

Portfolio Pulse from Chris Katje

February 27, 2024 | 9:32 pm

GMRE

Global Medical REIT (GMRE) reported Q4 2023 FFO of $0.23 per share, surpassing the $0.22 estimate. However, their sales of $32.93M fell short of the $35.64M estimate, marking a 9.26% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:25 pm

ACHC

Acadia Healthcare projects its Q1 2024 adjusted EPS to be between $0.78 and $0.83, compared to the estimated $0.81. The company also forecasts revenue to be in the range of $775 million to $785 million, surpassing the estimated $770.472 million.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:24 pm