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Revenues

HAS

MAT

Hasbro CEO Chris Cocks reported that the company is facing persistent and stronger-than-expected headwinds in toy sales, which continued through the holiday season and are likely to extend into 2024.

Portfolio Pulse from Charles Gross

December 11, 2023 | 9:58 pm

AXR

Amrep Corporation (NYSE:AXR) reported a significant decline in its fiscal Q2 earnings and sales compared to the same period last year. Earnings per share (EPS) fell by 69.12% to $0.21 from $0.68, while sales dropped by 45.17% to $8.85 million from $16.15 million.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:54 pm

IBP

Installed Building Products (IBP) has acquired Combee Insulation of Florida, LLC, with the acquisition anticipated to contribute $16.5 million in annual revenue to IBP's financials.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:33 pm

BLBD

Blue Bird Corporation (BLBD) shares are up following the release of their Q4 financial results, which exceeded expectations. Additionally, the company has raised its revenue guidance for fiscal year 2024, signaling confidence in its future performance.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:30 pm

AMRC

Ameresco, Inc. has been awarded contracts to develop two clean energy facilities by Hawaiian Electric Company. This move aligns with the increasing demand for renewable energy solutions and may positively impact Ameresco's revenue and growth prospects in the renewable energy sector.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:23 pm

SAIC

SAIC announced a reorganization of its business structure, effective February 3, 2024. The company will form five new business groups to replace its two current business sectors. This strategic move is aimed at enhancing operational efficiency and better aligning with market demands.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:22 pm

GHI

Greystone Housing Impact Investors LP (NYSE:GHI) sold Suites on Paseo, a student housing property, to an affiliate of San Diego State University for approximately $40.7 million. The sale is expected to result in a gross gain of about $9.9 million in Q4 2023's net income, with a taxable gain of $5.9 million to be allocated to investors. The sale will not materially impact the Partnership's Cash Available for Distribution as it represents a recovery of prior depreciation expense.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:17 pm

CASY

Casey's General Stores has projected its EBITDA growth for 2024 to align with its long-term target of 8-10%. This indicates the company's confidence in its financial performance and strategic initiatives.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:14 pm

CASY

Casey's General Stores (CASY) reported Q2 earnings of $4.24 per share, surpassing the consensus estimate of $3.60 by 17.78% and marking a 15.53% increase from last year. However, sales of $4.06B slightly missed the $4.07B estimate, though they were up 2.15% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:13 pm

NOTV

Inotiv, a contract research organization, has provided revenue guidance for fiscal year 2024, expecting revenues to be in the range of $580 million to $590 million. This forecast is in line with the analyst estimate of $582.65 million.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:10 pm