Streetbeat News

Revenues

REG

Regency Centers (NASDAQ:REG) reported a Q4 FFO of $1.02 per share, a decrease from $1.05 YoY. However, their quarterly sales of $359.60M exceeded the $345.63M estimate, marking a 14.34% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:20 pm

TEX

Terex Corporation projects its FY24 earnings per share (EPS) to be between $6.85 and $7.25, with net sales expected to range from $5.1 billion to $5.3 billion, compared to the estimated $5.167 billion.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:16 pm

MRAI

Marpai, Inc. (NASDAQ:MRAI) announced two key financial agreements: an amendment with AXA S.A. to delay payment obligations and secure $1.7 million in revenue-based financing from Libertas Funding, LLC. The amendment with AXA reduces the 2024 payment to $473,688 and delays further payments to 2025, with potential payment reduction criteria including maintaining NASDAQ listing. Marpai's CEO, Damien Lamendola, commits to investing $3 million in equity in 2024. The financing from Libertas, which has provided over $2.6 billion to businesses since 2016, will be used for short-term working capital needs.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:15 pm

LTRX

Lantronix (LTRX) reported Q2 2024 earnings of $0.08 per share, meeting analyst estimates, but missed revenue expectations with $37.04M against a $37.59M forecast. This represents a 17.56% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:15 pm

AFRM

Affirm Holdings projects its Q3 2024 revenue to be between $530M and $550M, surpassing the estimated $487.75M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:10 pm

PINS

Pinterest projects Q1 2024 revenue to be between $690M-$705M, indicating a 15-17% year-over-year growth. Non-GAAP operating expenses are expected to range from $450M-$465M, a 9-13% increase from the previous year. This forecast slightly undercuts the estimated revenue of $702.36M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:09 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) reported Q2 sales of $591.10M, surpassing the analyst consensus estimate of $520.62M by 13.54% and marking a 47.94% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:07 pm

EXPE

Expedia reported a 6% year-over-year increase in Q4 gross bookings, indicating a positive trend in its business operations.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:01 pm

ALL

11 financial analysts have recently updated their ratings and price targets for Allstate (NYSE:ALL), showing a mix of bullish to bearish sentiments. The average 12-month price target has been raised to $166.73, indicating a 16.86% increase from the previous target. Analysts from firms like JP Morgan, Raymond James, and Goldman Sachs have raised their price targets, reflecting optimism about Allstate's future performance despite challenges in revenue growth, net margin, and debt management.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:00 pm

ENR

Energizer Holdings (NYSE:ENR) has received mixed analyst ratings over the past three months, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target has been adjusted to $35.57, marking a 2.81% decrease from the previous target of $36.60. Analyst actions include both upgrades and downgrades, reflecting varied perspectives on the company's performance and market conditions. Energizer, known for its battery and lighting products, faces challenges such as a decline in revenue growth, below-average net margin, and a high debt-to-equity ratio, impacting its financial health.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 8:01 pm