Streetbeat News

Revenues

NVRO

Nevro projects its full-year 2024 worldwide revenue to be between $435M and $445M, closely aligning with the estimated $444.54M. For Q1, the revenue expectation is set between $97M and $99M, which is in line with the estimated $98.72M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:15 pm

ALEX

Alexander & Baldwin, Inc. (ALEX) announced a build-to-suit lease and two sales at its Maui Business Park Phase II project in Kahului, Maui. The project includes a lease to a national food manufacturer for a warehouse and distribution facility, the sale of 12.5 acres to the County of Maui for a Department of Transportation facility, and the sale of two lots to Hamai Appliances, Inc. for a showroom and service center. The project's final phase offers commercial space for various uses, with infrastructure improvements to be completed by early 2026.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:10 pm

AMED

Amedisys reported Q4 2023 earnings of $0.94 per share, missing the consensus estimate of $1.03 by 8.74%. However, their quarterly sales of $570.80 million exceeded the estimate of $567.71 million by 0.54%, marking a 1.55% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:09 pm

ESRT

Empire State Realty Trust, Inc. (ESRT) has signed an 11-year office lease with Sol de Janeiro USA for 57,203 square feet at One Grand Central Place. Sol de Janeiro, a subsidiary of L'Occitane, joins the building's tenant roster, benefiting from modern amenities and transportation access. L'Occitane also expanded its lease at ESRT's 111 W. 33rd Street by 9,497 square feet.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:07 pm

VTMX

Vesta Real Estate (VTMX) reported Q4 2023 FFO of $0.04 per share, meeting analyst estimates. However, its quarterly sales of $54.00 million fell short of the $57.43 million estimate by 5.97%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:05 pm

OM

Outset Medical forecasts its FY24 revenue to be in the range of $145M-$153M, which is around the analyst estimate of $148.841M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:04 pm

PLYM

Plymouth Industrial REIT (PLYM) reported a Q4 AFFO of $0.48 per share, up 14.29% from $0.42 YoY. However, Q4 sales of $50.75M missed the $50.91M estimate, a 7.25% increase from last year's $47.32M.

Portfolio Pulse from Happy Mohamed

February 21, 2024 | 10:03 pm

DOCN

DigitalOcean projects its FY24 adjusted EPS to be between $1.60 and $1.67, compared to the estimated $1.62. The company also forecasts revenue to be in the range of $755 million to $775 million, versus the estimated $767.145 million.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:01 pm

AGR

Avangrid (NYSE:AGR) reported Q4 2023 adjusted EPS of $0.97, surpassing the $0.91 estimate. However, its sales of $2.28B fell short of the $2.40B estimate, marking a 5.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:00 pm

OLO

Olo, a software platform for restaurants, forecasts its FY24 revenue to be between $269.0M and $272.0M, surpassing the estimated $258.651M.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:57 pm