Streetbeat News

Stock Prices

ED

Consolidated Edison (NYSE:ED) reported Q4 adjusted EPS of $1.00, surpassing the $0.96 estimate, marking a 23.46% year-over-year increase. However, its sales of $3.44B fell short of the $3.70B estimate, a 14.66% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 10:01 pm

STNG

Scorpio Tankers Inc. (STNG) announced that its President, Robert Bugbee, has invested $7M in call options for 555,600 common shares, with a strike price of $60, expiring in September 2024.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:58 pm

BLZE

Backblaze shares surged following the announcement of Q4 financial results that exceeded expectations. The company also provided optimistic revenue guidance for Q1 and the full year 2024, surpassing analysts' forecasts.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:54 pm

BE

Bloom Energy projects its FY24 revenue to be between $1.4 billion and $1.6 billion, which is below the estimated $1.769 billion.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:54 pm

TOST

Toast, Inc. (NYSE:TOST) shares surged in after-hours trading following its Q4 earnings report, which exceeded analyst expectations. The company reported a smaller-than-expected quarterly loss of 7 cents per share and sales of $1.04 billion, surpassing estimates. Additionally, Toast announced a $250 million share repurchase program and provided optimistic guidance for Q1 and full-year 2024, forecasting significant growth in gross profit and adjusted EBITDA.

Portfolio Pulse from Erica Kollmann

February 15, 2024 | 9:54 pm

ELME

Elme Communities has projected its 2024 Core Funds From Operations (FFO) to be in the range of $0.90 to $0.96, aligning closely with the estimated $0.95 by analysts. This forecast provides insight into the company's financial health and future performance expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:54 pm

MSFT

Microsoft's Xbox division announced significant advancements in gaming hardware, promising the 'largest technical leap' in a hardware generation. The new Xbox hardware is expected in Q4, with more console and controller options. Additionally, Xbox plans to incorporate Activision Blizzard games into Game Pass, starting with Diablo 4. Xbox also confirmed the release of four titles on other platforms, speculated to be Hi-Fi Rush, Pentiment, Sea of Thieves, and Grounded. Phil Spencer emphasized the diminishing role of exclusive games and Xbox's strategy to publish more games on PlayStation and Nintendo platforms.

Portfolio Pulse from Franca Quarneti

February 15, 2024 | 9:53 pm

UEIC

Universal Electronics projects its Q1 2024 adjusted revenue to be between $86M and $96M, which is below the $95.926M estimate. The company also anticipates its adjusted EPS to range from $(0.27) to $(0.17).

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:53 pm

SWAV

ShockWave Medical's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:52 pm

TXRH

Texas Roadhouse shares are trading higher following the announcement of their Q4 financial results, indicating a positive market response to the company's performance.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 9:52 pm