Streetbeat News

Stock Prices

AVGO

Broadcom's stock price declined following the announcement of its Q1 financial results and the issuance of its future guidance.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:50 pm

EOLS

Evolus (NASDAQ:EOLS) reported Q4 earnings with an EPS of $-0.21, missing estimates by -200.0% against an expected $-0.07. Revenue increased by $17.35 million from the same period last year. Despite past earnings misses, the company's share price increased by 8.0% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:50 pm

ASLE

AerSale (NASDAQ:ASLE) reported Q4 2023 adjusted EPS of $(0.020), missing the $0.450 estimate, and sales of $94.422M, missing the $156.368M estimate. This represents a significant decrease in earnings and a slight decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:50 pm

CLAR

Clarus (NASDAQ:CLAR) reported Q4 earnings with an EPS of $-0.07, missing estimates by -178% and a significant revenue drop from the previous year. This follows a pattern of missed EPS estimates in previous quarters, leading to a 12% share price drop after last quarter's earnings.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:50 pm

NCSM

NCS Multistage Holdings (NCSM) reported Q4 2023 adjusted EPS of $(0.360), missing the $1.180 estimate, and sales of $35.247M, missing the $39.700M estimate. This represents a 12.29% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:50 pm

RWAY

Runway Gwth Fin (NASDAQ:RWAY) reported Q4 earnings with an EPS of $0.45, missing estimates by -8.0% against an expected $0.49. Revenue increased by $2.42 million from the previous year. The company had previously beaten EPS estimates in Q3 2023, leading to a 2.0% share price increase the following day.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:50 pm

ASLE

AerSale (NASDAQ:ASLE) reported Q4 earnings with an EPS of $-0.02, missing estimates by -104.0% against an expected $0.45. Revenue decreased by $678 thousand from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 13.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:50 pm

GROW

U.S. Global Investors, Inc. (GROW) announced it repurchased 102,636 of its own shares in February 2024, a nearly 200% increase from the previous year. The buyback, costing about $281,000, is part of an enhanced program allowing up to $5 million in annual purchases. Since March 2022, around 1 million shares have been bought back. CEO Frank Holmes emphasized the buyback reflects confidence in the company's future and its current undervaluation, especially as small-cap stocks face pressure from rising borrowing costs.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:49 pm

COST

Costco Wholesale (NASDAQ:COST) reported Q2 2024 adjusted EPS of $3.710, surpassing the $3.620 estimate by 2.49%. However, its quarterly sales of $58.442 billion fell short of the $59.156 billion estimate by 1.21%, though it represents a 5.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:48 pm

RWAY

Runway Growth Finance Corp (RWAY) reported Q4 2023 earnings of $0.450 per share, missing the consensus estimate of $0.480. Quarterly sales were $39.225M, below the estimate of $40.406M but represent a 6.57% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:48 pm