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SILK

Silk Road Medical reported Q1 2024 earnings with a smaller loss per share of $(0.36) compared to estimates of $(0.40) and a 16.28% improvement from last year. Sales reached $48.484M, surpassing estimates of $44.676M and marking a 20.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:28 pm

CZR

Caesars Entertainment Inc. (NASDAQ:CZR) reported Q1 financial results with a loss of 73 cents per share and quarterly sales of $2.74 billion, missing the analyst consensus estimate of $2.84 billion. The company highlighted record occupancy in Las Vegas due to the Super Bowl and Chinese New Year, offset by lower-than-expected hold and weather-related weakness in its Regional segment. Caesars Digital saw strong revenue growth despite challenges. Shares fell 3.13% after-hours to $34.70. The company remains optimistic for the rest of the year.

Portfolio Pulse from Erica Kollmann

April 30, 2024 | 8:28 pm

NARI

Inari Medical has updated its FY24 revenue forecast to $592.5M-$602.5M, surpassing the previous estimate of $588.35M and significantly improving from its prior forecast of $580M-$595M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:28 pm

INVH

Invitation Homes has confirmed that its 2024 guidance remains unchanged from the initial guidance provided in February. The company expects its Core FFO (Funds From Operations) per share to be in the range of $1.82-$1.90, aligning with the analyst estimate of $1.87.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:28 pm

SBUX

Starbucks Corp reported a decrease in fiscal Q2 revenue to $8.6 billion, missing estimates of $9.129 billion, and earnings of 68 cents per share, below the expected 79 cents. Global comparable store sales fell 4%, with notable declines in North America and China. Despite challenges, active U.S. rewards memberships grew by 6%, and 364 new stores were opened. The company declared a dividend of 57 cents per share. Starbucks shares dropped 9.92% after hours.

Portfolio Pulse from Adam Eckert

April 30, 2024 | 8:23 pm

OI

O-I Glass reported Q1 2024 earnings of $0.45 per share, surpassing the $0.38 estimate, but its sales of $1.600B fell short of the $1.698B estimate, marking a 12.62% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:22 pm

AX

Axos Financial (NYSE:AX) reported Q3 2024 adjusted EPS of $1.94, surpassing the $1.70 estimate, marking a 43.7% increase from the previous year. Sales reached $294.769M, exceeding the $284.944M estimate, a 27.48% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:20 pm

EXEL

Exelixis reported Q1 2024 adjusted EPS of $0.17, missing the $0.24 estimate, and sales of $425.226M, below the $460.621M estimate. This represents a 6.25% increase in earnings and a 4.02% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:19 pm

AMD

AMD shares are trading lower due to in-line Q2 revenue guidance and a year-over-year decline in Gaming and Embedded segment revenues.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:18 pm

WPC

W.P. Carey reported Q1 2024 FFO of $1.14 per share, missing the $1.16 estimate, and sales of $386.842M, below the $397.594M estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:18 pm