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Revenues

BLMN

Analysts have mixed views on Bloomin Brands (NASDAQ:BLMN), with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has increased to $29.00, reflecting a positive outlook. Financial indicators reveal Bloomin Brands's solid performance in revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio. The company operates popular dining brands and has a global presence, though it faces challenges in market capitalization and revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:01 pm

KEY

Analyst ratings for KeyCorp (NYSE:KEY) show a mix of bullish to bearish sentiments, with recent actions including both raises and lowers in ratings and price targets. The average 12-month price target is $15.33, up from $14.04, indicating a positive outlook. KeyCorp, with over $170 billion in assets, faces challenges in revenue growth, net margin, ROE, and ROA, positioning it below industry averages. The company's debt-to-equity ratio is higher than average, suggesting financial risk.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:00 pm

TDC

Analyst ratings for Teradata (NYSE:TDC) have varied over the last quarter, with a mix of bullish to bearish sentiments among 7 analysts. The average 12-month price target has been adjusted to $52.00, down from $59.00, reflecting a decline of 11.86%. Analysts from firms including Citigroup, Morgan Stanley, and Barclays have adjusted their ratings and price targets, indicating a reevaluation of Teradata's market position. Despite positive revenue growth of 4.34% as of December 31, 2023, Teradata faces challenges such as a below-average market capitalization, a high debt-to-equity ratio of 4.74, and lower ROE compared to industry benchmarks.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:00 pm

UPWK

Analysts have provided mixed ratings for Upwork (NASDAQ:UPWK) with a recent shift towards a more positive outlook, as evidenced by updated price targets and ratings. The average 12-month price target for Upwork has increased to $18.5, reflecting a 15.62% rise from the previous target. Financial indicators such as revenue growth, net margin, ROE, and ROA show Upwork outperforming industry averages, suggesting strong financial health and efficient management.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:00 pm

APPN

Appian Corp (NASDAQ:APPN) reported a 16% year-on-year revenue growth for Q4 FY21, reaching $145.3 million and surpassing the consensus of $140.9 million. The adjusted EPS loss of $0.06 also beat the consensus loss of $(0.24), leading to a stock price increase. Subscription revenue grew by 24% Y/Y to $115.8 million, while professional services revenue declined by 9% Y/Y to $29.5 million. CEO Matt Calkins highlighted reaching two milestones in 2023: exceeding half a billion dollars in full-year revenue and achieving the highest quarterly gross margin in the company's history. Appian's outlook for Q1 revenue is $148.00 million to $150.00 million, slightly below the consensus of $150.84 million, and expects an adjusted EPS loss of $(0.21) to $(0.16), compared to the consensus loss of $(0.17). For FY24, the company forecasts revenue of $615.00 million to $617.00 million, below the consensus of $618.17 million, and an adjusted EPS loss of $(0.73) to $(0.66), against the consensus loss of $(0.60). APPN shares surged 12.3% to $37.50 in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 4:39 pm

BZFD

The Independent is in talks to take control of BuzzFeed and HuffPost's operations in the UK and Ireland, aiming to expand in a challenging advertising climate. The deal includes editorial and commercial control, staff transfers, and a strategic partnership for content and tech support. This move comes as digital advertising faces hurdles due to Google's decision to end third-party tracking cookies, impacting revenue generation. The partnership aims to leverage combined audiences for better commercial offerings and reflects the industry's shift towards first-party data for advertising.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 4:31 pm

SO

Southern Company (NYSE:SO) reported a Q4 fiscal 2023 revenue decline of 14.2% Y/Y to $6.04 billion, missing estimates. Despite this, adjusted EPS rose to $0.64 from $0.26 Y/Y, beating consensus. The company forecasts a 10% EPS growth for 2024, with a long-term growth estimate of 5-7%. Shares fell by 0.89% to $67.21.

Portfolio Pulse from Akanksha Bakshi

February 15, 2024 | 4:30 pm

IRDM

Iridium Communications Inc (NASDAQ: IRDM) reported a flat Q4 FY23 revenue growth at $194.74 million, slightly above consensus. The company saw a significant EPS beat at 30 cents versus the expected $0.03, driven by a 10% increase in commercial service revenue and a 14% rise in total billable subscribers. Despite a 60.1% drop in equipment revenue, operational EBITDA grew by 7% Y/Y. For FY24, Iridium anticipates a service revenue growth of 4%-6% and operational EBITDA between $460 million-$470 million. IRDM shares rose 1.17% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 4:26 pm

CSCO

MS

UBER

Retail sales data revealed a significant downturn, surprising investors and indicating a potential shift in consumer spending habits. Uber Technologies Inc (UBER) showcased a notable stock jump due to a buyback announcement, highlighting opportunities beyond the dominant tech stocks, referred to as the 'magnificent seven' (AAPL, AMZN, GOOG, META, MSFT, NVDA, TSLA), and AI sector. The article also touches on national security concerns related to Russia, economic downturns in the U.K. and Japan, and layoffs at Cisco Systems Inc (CSCO) and Morgan Stanley (MS). Additionally, it mentions early trade money flows and investor strategies in response to the current market environment.

Portfolio Pulse from The Arora Report

February 15, 2024 | 4:22 pm

IAC

Analysts have updated their ratings and price targets for IAC (NASDAQ:IAC), showing a positive shift in sentiment. Over the last three months, 4 analysts have provided diverse outlooks, with the latest average 12-month price target for IAC being $72.5, up 3.94% from the previous $69.75. The company's financial performance indicates challenges in revenue growth but strong profitability metrics such as net margin, ROE, and ROA. IAC's market capitalization is below industry averages, and it has a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:01 pm