Streetbeat News

Stock Prices

KREF

KKR Real Estate Finance (KREF) reported Q1 2024 adjusted EPS of $0.39, surpassing the $0.34 estimate, but its sales of $39.144M fell short of the $43.683M forecast. This represents a 17.02% decrease in earnings and a 15.92% drop in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:41 pm

RRC

Range Resources (NYSE:RRC) reported Q1 2024 adjusted EPS of $0.69, surpassing the $0.57 estimate, with sales of $718.227M exceeding the $659.308M forecast. This represents a 15.79% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:41 pm

RGF

The Real Good Food Company, Inc. (RGF) has received a notice from Nasdaq regarding its failure to meet the minimum bid price requirement. The company's stock has been trading below $1.00 for a consecutive 30-day period, which is against Nasdaq's listing rules. RGF now has a compliance period of 180 days to regain compliance by having its stock close at or above $1.00 for a minimum of ten consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:37 pm

MTDR

Matador Resources (MTDR) expects to reach the high end of its 2024 guidance for total oil and natural gas equivalent production, as well as for oil and natural gas production specifically.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:36 pm

STLD

Steel Dynamics' stock is trading higher after the company reported a first-quarter earnings per share (EPS) that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:36 pm

PEB

Pebblebrook Hotel (NYSE:PEB) reported Q1 2024 FFO of $0.21 per share, surpassing the $0.15 estimate, and sales of $314.069M, exceeding the $303.776M forecast. This represents a 90.91% increase in earnings and a 2.73% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:35 pm

TSLA

Tesla Inc (NASDAQ:TSLA) reported Q1 earnings with revenue of $21.0 billion, missing Wall Street's estimate of $22.15 billion, and EPS of 45 cents, below the consensus of 51 cents. Automotive revenue fell 13% YOY, while services revenue rose 25%. Challenges included an arson attack at Gigafactory Berlin and the Red Sea conflict. Tesla announced job cuts and a focus on profitable growth, including investments in AI and a faster launch of new models. Shares rose 5% in after-hours trading.

Portfolio Pulse from Chris Katje

April 23, 2024 | 8:35 pm

MAT

Mattel Inc. (NASDAQ:MAT) reported Q1 financial results with earnings per share (EPS) of losses of 5 cents, beating the analyst consensus estimate of losses of 12 cents per share. However, quarterly sales of $810 million missed the consensus estimate of $831.8 million, a 2.62% miss and a 0.56% decrease year-over-year. The company highlighted a strong start to the year with significant gross margin expansion, positive Adjusted EBITDA, and improvement in free cash flow. Mattel expects to outpace the industry and gain market share in 2024, driven by growth in Vehicles and Action Figures, despite declines in Infant, Toddler, Preschool, and Dolls categories. The company projects full-year adjusted EPS of $1.35 to $1.45, compared to the $1.39 estimate. Mattel shares rose 2.93% after-hours to $19.30.

Portfolio Pulse from Erica Kollmann

April 23, 2024 | 8:32 pm

STLD

Steel Dynamics (STLD) reported Q1 2024 earnings of $3.67 per share, surpassing the $3.49 estimate, but sales of $4.694B fell short of the $4.736B forecast, marking a 4.07% year-over-year decrease.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:31 pm

CSSE

JFU

SOPA

TBLA

VSME

In Tuesday's after-market session, several communication services stocks saw significant movements. Chicken Soup for the Soul (CSSE) led the gainers with a 63.5% increase, following its Q4 earnings report. Other notable gainers included VS Media Holdings (VSME) and Taboola.com (TBLA). On the losing end, Society Pass (SOPA) and 9F (JFU) experienced the largest declines. The movements reflect a mix of earnings reports and market reactions.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 8:31 pm