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Revenues

XPRO

Expro Group forecasts 2024 revenue of $1.60B-$1.70B, below the $4.62B estimate, with adjusted EBITDA of $325M-$375M. Q1 expectations are set at $365M-$375M in revenue, slightly below the $376M estimate, and adjusted EBITDA of $63M-$73M. The company anticipates improved profitability and cash flow, driven by industry tailwinds and a strong 2023 performance. The full-year guidance includes the expected completion of the Coretrax acquisition in Q3 2024. Seasonal and budget cycle factors are anticipated to affect Q1 performance.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:05 pm

KRP

Kimbell Royalty Partners (KRP) reported Q4 earnings of $0.14 per share, missing the consensus estimate of $0.26, a 70.83% decrease from last year. However, their sales of $99.20M exceeded estimates by 18.30%, marking a 44.45% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:01 pm

PATH

Analyst ratings for UiPath (NYSE:PATH) show a mix of bullish and bearish perspectives with 9 analysts offering evaluations over the past three months. The average 12-month price target for UiPath has increased to $22.33, up 17.53% from the previous target of $19.00. Several analysts from firms like Barclays, Canaccord Genuity, and JP Morgan have raised their price targets, reflecting a positive shift in expectations. UiPath's financial performance shows a solid revenue growth rate of 24.05% as of October 31, 2023, but struggles with below-industry averages in net margin, ROE, and ROA, indicating challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 12:01 pm

CFLT

Confluent (NASDAQ:CFLT) has received diverse analyst ratings over the last three months, with 17 analysts offering evaluations ranging from bullish to bearish. The average 12-month price target for CFLT has been raised to $32.41, up 19.68% from the previous $27.08, indicating a positive outlook from analysts. Recent actions include upgrades and maintenance of buy and outperform ratings, with price targets adjusted accordingly. Despite this, Confluent's financial performance shows challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management, suggesting potential hurdles ahead.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 12:00 pm

CSGP

CoStar Group (NASDAQ:CSGP) received mixed analyst ratings over the last quarter, with a shift towards more bullish views in the last 30 days. The average 12-month price target for CSGP has risen to $93.4, up 8.19% from the previous $86.33. Analyst actions include adjustments to ratings and price targets by firms such as Needham, JMP Securities, Goldman Sachs, and BMO Capital. CoStar Group, a leader in commercial real estate data, has shown strong financial performance with significant revenue growth, high net margin, and excellent ROE and ROA, positioning it above industry averages.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 12:00 pm

GIL

Gildan Activewear projects its FY24 revenue growth to range from flat to a low-single digit increase. The company also forecasts its FY24 adjusted EPS to be between $2.92 and $3.07, compared to the $3 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:59 am

TNL

Travel + Leisure Co (TNL) has provided its financial guidance for 2024, expecting Adjusted EBITDA to be between $910M-$930M for the full year and $185M-$190M for Q1. The company also forecasts Gross VOI sales of $2.25B-$2.35B for the year and $460M-$480M for Q1, with VPG ranging from $2,900-$3,000 annually and $2,925-$3,025 for Q1. Additionally, Travel and Membership Adjusted EBITDA is anticipated to be $75M-$80M in Q1. Sensitivities to the full year Adjusted EBITDA guidance include a $6M change with 100 bps change in Tours and an $11M change with 100 bps change in VPG.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:37 am

PLAB

Photronics anticipates Q2 revenue to be between $226M-$236M, aligning with an estimated $230M, and adjusted EPS to range from $0.50-$0.58, closely matching the estimated $0.56.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:35 am

TM

TSLA

Tesla Inc (TSLA) has made its Model Y SUV more affordable in Germany than Toyota Motor Corp's (TM) Prius PHEV following a series of price cuts. The Model Y's price now starts at 44,990 euros, lower than the Prius PHEV's starting price of 45,990 euros. Tesla began reducing prices at the start of 2023, contributing to the Model Y becoming the best-selling vehicle globally with over 1.2 million units delivered by the end of the year.

Portfolio Pulse from Anan Ashraf

February 21, 2024 | 11:19 am

DRIO

DarioHealth Corp. has acquired Twill, aiming to enhance its digital offerings for chronic conditions. The acquisition, valued at $10M in cash plus around 10M pre-funded warrants in shares, is expected to nearly double Dario's pro forma revenues in 2023. This strategic move is immediately accretive to revenue and gross margins, and is anticipated to accelerate Dario's path to profitability.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 11:04 am