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LEV

Lion Electric (LEV) reported a Q4 GAAP EPS of $(0.25), missing the $(0.09) estimate significantly, with a 177.78% miss rate. Year-over-year, this represents a 1150% increase in losses. Q4 sales were $60.43M, missing the $89.99M estimate by 32.85%, but marking a 29.21% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:03 pm

BBY

Best Buy forecasts its adjusted earnings per share (EPS) for fiscal year 2024 to be in the range of $5.75 to $6.20, compared to the estimated $6.13. The company also projects its revenue to be between $41.3 billion and $42.6 billion, versus the estimated $42.37 billion.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:02 pm

OPRA

Opera (NASDAQ:OPRA) reported Q4 sales of $113.00M, surpassing the analyst consensus estimate of $112.19M by 0.72%. This represents a 17.38% increase over the previous year's sales of $96.27M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:02 pm

PZZA

Papa John's International (PZZA) reported Q4 adjusted EPS of $0.91, surpassing the $0.72 estimate, marking a 26.39% beat and a 28.17% increase from last year's $0.71. However, their Q4 sales of $571.32M fell short of the $577.86M estimate by 1.13%, though it's an 8.57% increase from the previous year's $526.23M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:01 pm

BBY

Best Buy Co (BBY) reported Q4 2024 adjusted EPS of $2.72, surpassing the $2.51 estimate, with enterprise revenue of $14.65B exceeding the $14.53B estimate. This represents a slight 0.60% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:01 pm

XHR

In the past three months, Xenia Hotels & Resorts (NYSE:XHR) received 4 analyst ratings, showing a shift towards a more bullish outlook with a recent rating upgrade and an increased average price target of $15.25 from $14.25. Analysts from Jefferies, Wells Fargo, and Keybanc adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Xenia, a REIT focusing on upscale hotels, has shown a revenue growth of 9.2% as of December 31, 2023, but struggles with below-average net margin, ROE, and ROA, despite a sound debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 12:00 pm

LPRO

Open Lending (NASDAQ:LPRO) has received mixed analyst ratings over the last quarter, with a shift towards a more cautious stance in the last 30 days. The average 12-month price target for LPRO has increased to $7.88, up 43.27% from the previous $5.50. Analysts from Canaccord Genuity, Needham, Morgan Stanley, and JMP Securities have updated their ratings and price targets, reflecting changes in market conditions and company performance. Open Lending's financial performance shows a significant revenue decline of -48.67% over the past 3 months, with below-industry benchmarks in market capitalization, net margin, ROE, ROA, and a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 12:00 pm

BBWI

Bath & Body Works (NYSE:BBWI) reported Q4 earnings of $2.06 per share, surpassing the $1.87 estimate, a 10.75% increase from last year. Sales reached $2.91B, exceeding the $2.84B estimate, marking a 0.80% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:56 am

ANIP

ANI Pharmaceuticals (NASDAQ:ANIP) reported Q4 adjusted EPS of $1.00, surpassing the $0.85 estimate, and sales of $131.65M, exceeding the $122.21M estimate. This represents a 31.58% increase in earnings and a 39.71% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:52 am

BTCUSD

Cryptocurrency analyst Willy Woo expressed optimism about Bitcoin's future, attributing it to increased institutional interest following the approval of spot Bitcoin ETFs. Woo's banker, with 33 years in wealth management, changed his stance to bullish on Bitcoin after the ETF approval, highlighting its recommendation for all investors. Since the introduction of spot Bitcoin ETFs, Bitcoin's price surged by 34.62%, trading at $62,423.10. The approval of Bitcoin ETFs is seen as a significant development, with predictions of $150 billion inflows into spot Bitcoin ETFs by 2025.

Portfolio Pulse from Benzinga Neuro

February 29, 2024 | 11:48 am