Streetbeat News

Revenues

PDM

Piedmont Office Realty (NYSE:PDM) reported Q4 2023 FFO of $0.41 per share, meeting analyst estimates, but missed sales expectations with $145.33M against a $146.14M estimate, marking a 1.28% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:35 pm

MOH

Molina Healthcare projects its 2024 total revenue to reach $39.6 billion, surpassing the estimated $38.17 billion. The company anticipates its premium revenue to hit around $38 billion, marking a 17% increase from 2023. However, its adjusted EPS is expected to be slightly below estimates at over $23.50, compared to the expected $23.57.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:34 pm

MAA

Mid-America Apartment (MAA) reported Q4 2023 earnings of $2.32 per share, slightly above the $2.31 estimate. However, their sales of $542.25M fell short of the $542.77M estimate, marking a 2.71% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:32 pm

PYCR

Paycor has projected its FY24 revenue to be in the range of $650M-$656M, which is around the analyst estimate of $652.95M.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:26 pm

PYPL

PayPal has projected an increase in its Q1 net revenues by approximately 6.5% to 7% on a foreign exchange neutral (FXN) basis. Additionally, the company anticipates its adjusted earnings per share (EPS) to increase by mid-single digits.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:24 pm

PAYC

Paycom Software, Inc. forecasts its Q1 total revenues to be between $494M-$497M, falling short of the estimated $500.512M. For 2024, the company projects revenues of $1.86B-$1.885B, closely aligning with the estimated $1.87B.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:11 pm

FLT

Fleetcor Technologies projects its FY24 adjusted EPS to be between $19.20 and $19.60, compared to the estimated $19.34. The company also forecasts revenue to range from $4.040 billion to $4.120 billion, slightly below the estimated $4.138 billion.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:08 pm

BARK

BARK reported Q3 2024 adjusted GAAP EPS of $(0.05), meeting analyst consensus estimates. Quarterly sales reached $125.08M, surpassing the $122.64M estimate, yet marking a 6.89% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 9:02 pm

MTB

M&T Bank (NYSE:MTB) has received 7 analyst ratings in the past three months, with a mix of bullish and indifferent perspectives. The average 12-month price target is now $160.71, up from $157.20. Analyst actions include both upgrades and downgrades, with price targets ranging from $145.00 to $179.00. M&T Bank's financials show a market cap above industry average, a slight revenue decline, but strong net margin, ROE, and ROA, indicating robust profitability and asset management.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 9:01 pm

FITB

Analysts have diverse views on Fifth Third Bancorp (NASDAQ:FITB), with recent evaluations ranging from bullish to bearish. The average 12-month price target is $38.71, marking a 13.85% increase from the previous target of $34.00. Analysts from firms like Morgan Stanley, UBS, and Barclays have raised their price targets, reflecting optimism about FITB's financial performance, including solid revenue growth and exceptional net margin and ROE. The company operates a diversified financial-services business across multiple states and has shown strong profitability and effective cost control.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 9:01 pm