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TRN

Trinity Industries (NYSE:TRN) reported Q4 earnings of $0.82 per share, surpassing the $0.64 estimate by 28.12%, and a 86.36% increase from last year's $0.44. Sales reached $797.90M, beating the $759.60M estimate by 5.04%, marking a 34.96% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:57 am

PWR

Quanta Services (NYSE:PWR) reported Q4 2023 adjusted EPS of $2.04, surpassing the $1.98 estimate, with sales of $5.78B exceeding the $5.18B forecast. This represents a 30.86% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:56 am

DRVN

Driven Brands projects its FY24 revenues to be in the range of $2.35B-$2.45B, which is below the estimated $2.52B. The company also forecasts its adjusted EPS to be between $0.88 and $1.00, lower than the $1.12 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:52 am

GVA

Granite Construction (NYSE:GVA) reported Q4 adjusted EPS of $0.82, missing the $0.88 estimate, but sales of $933.70M exceeded the $838.89M estimate. This represents a 46.43% increase in earnings and an 18.31% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:50 am

DRVN

Driven Brands Hldgs (DRVN) reported Q4 adjusted EPS of $0.19, meeting analyst estimates but marking a 24% decrease from last year. Quarterly sales of $553.68M missed estimates by 3.23%, though they represent a 2.60% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:49 am

FTI

TechnipFMC (NYSE:FTI) reported Q4 adjusted EPS of $0.14, surpassing the $0.12 estimate, and sales of $2.08B, exceeding the $1.90B estimate. This represents a 380% increase in EPS and a 22.67% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:46 am

BP

BP P.L.C. (NYSE:BP) plans to restart its largest U.S. Midwest refinery in Whiting, Indiana, to full production in March after a power outage caused by a transformer failure earlier this month. The refinery, with a capacity of 435,000 barrels per day, was evacuated due to the outage. BP is currently assessing potential damage and the cause of the power loss. Despite missing revenue expectations with $52.14 billion against a consensus of $62.34 billion, BP's underlying RC profit per ADS beat expectations at $1.07 versus $0.15. The company anticipates higher upstream production compared to Q4 FY23 and expects a slight year-over-year increase in FY24, with capital expenditures projected at around $16 billion.

Portfolio Pulse from Lekha Gupta

February 22, 2024 | 11:44 am

MRNA

Moderna (NASDAQ:MRNA) reported Q4 earnings of $0.55 per share, surpassing the consensus estimate of $(0.97) by 156.7%. However, this represents an 84.76% decrease from last year's earnings of $3.61 per share. Q4 sales were $2.81 billion, exceeding estimates of $2.49 billion by 12.89%, but marking a 44.71% decrease from the previous year's $5.08 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:35 am

PRMW

Primo Water (NYSE:PRMW) reported Q4 adjusted EPS of $0.12, missing the $0.17 estimate, and sales of $438.70M, missing the $577.03M estimate. This represents a decrease in earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:34 am

MITT

AG Mortgage Investment (NYSE:MITT) reported Q4 2023 earnings of $0.17 per share, surpassing the $0.15 estimate, with sales of $13.34M beating the $13.26M estimate, marking a 7.88% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:33 am