Streetbeat News

Revenues

SHO

Sunstone Hotel Investors reported growth in RevPAR and Adjusted EBITDAre for the first two months of Q3 2024, aligning with their full-year outlook. The company saw a 2.4% increase in total portfolio RevPAR and a 6.3% increase in Total RevPAR, excluding The Confidante Miami Beach, with Adjusted EBITDAre of approximately $37 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:20 pm

SSY

SunLink Health Systems has sold the real estate of Trace Regional Hospital for $2 million, retaining $1.93 million in net proceeds. The funds will be used for working capital and strategic transaction opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:12 pm

JMIA

Jumia is set to open new integrated warehouses in Egypt and Ivory Coast to enhance its e-commerce growth and operational efficiency. This expansion aims to strengthen Jumia's market presence and improve logistics in these regions.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:12 pm

ODC

Oil-Dri Corp of America reported a decrease in Q4 adjusted EPS to $1.17 from $1.65 year-over-year, despite an increase in sales to $113.7 million from $107.39 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:11 pm

IR

Ingersoll Rand (NYSE:IR) has significantly outperformed the market over the past 5 years, with an average annual return of 27.4%. A $1000 investment in IR 5 years ago would now be worth $3,393.19. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 8:03 pm

LRCX

Lam Research (NASDAQ:LRCX) has significantly outperformed the market over the past 15 years, with an annualized return of 23.1%. A $1000 investment in LRCX 15 years ago would now be worth $22,018.47, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 8:03 pm

HLIO

Helios Technologies is assessing the damage and disruption caused by Hurricane Milton at its Florida facilities. The company will provide updates and estimates on the impact on its financial results and operations once the assessment is complete.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:03 pm

EDUC

Educational Development (NASDAQ:EDUC) reported a significant decline in its Q2 financial performance, with EPS dropping from $0.13 to $(0.22) and sales falling from $10.59M to $6.51M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:01 pm

APLD

In the past three months, 10 analysts have rated Applied Digital (NASDAQ:APLD), with a majority being bullish. The average 12-month price target has increased by 6.38% to $10.0. Analysts have adjusted their ratings and price targets, reflecting positive sentiment. Despite strong revenue growth, the company faces challenges with profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 8:01 pm

HIHO

Highway Holdings (NASDAQ:HIHO) reported Q2 earnings per share of $0.05, unchanged from last year, with a significant sales increase of 60.14% to $2.12 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:00 pm