Streetbeat News

Stock Prices

CAR

Avis Budget Group, Inc. (NASDAQ:CAR) reported mixed Q4 results, with earnings per share of $7.10, surpassing estimates but showing a decrease from the previous year. Quarterly sales of $2.76 billion missed estimates slightly and also decreased year-over-year. Despite this, the company highlighted record full-year revenue of $12 billion for 2023, driven by strong demand. Shares dropped 3.48% in after-hours trading.

Portfolio Pulse from Erica Kollmann

February 12, 2024 | 9:47 pm

BHF

Brighthouse Financial (BHF) reported Q4 2023 adjusted EPS of $2.92, missing the $3.69 estimate, and sales of $2.11B, below the $2.13B estimate. This represents a 13.35% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:46 pm

HP

Helmerich & Payne has finalized contractual terms with Saudi Aramco for a recent award involving 7 rigs for unconventional gas drilling. This agreement solidifies HP's position in the energy sector and expands its operational footprint in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:45 pm

BLKB

Blackbaud (NASDAQ:BLKB) reported Q4 earnings of $1.14 per share, surpassing the $1.05 estimate, marking a 67.65% increase from last year. However, their sales of $295.01M fell short of the $299.05M estimate, despite being a 7.37% increase from the previous year.

Portfolio Pulse from Happy Mohamed

February 12, 2024 | 9:40 pm

WTS

Watts Water Technologies (NYSE:WTS) reported Q4 earnings with an EPS of $1.97, beating estimates by 10.67% and showing a revenue increase of $45.60 million from the previous year. The company has consistently beaten EPS estimates over the past four quarters, with share price increases following earnings announcements.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:40 pm

ICMB

Investcorp Credit (NASDAQ:ICMB) reported Q2 earnings with an EPS of $0.14, beating estimates by 7.69% but with a revenue decrease of $537 thousand from the previous year. The company had previously missed EPS estimates last quarter, leading to a 0.85% share price drop the following day. This mixed performance highlights a beat on earnings expectations but a challenge in maintaining revenue levels.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:40 pm

JHX

James Hardie Industries (JHX) reported Q3 2024 adjusted EPS of $0.41, surpassing the $0.40 estimate, with sales of $978.30M exceeding the $963.95M forecast. This represents a 13.65% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:39 pm

WTS

Watts Water Technologies (WTS) reported Q4 2023 adjusted EPS of $1.97, surpassing the $1.78 estimate, with sales of $547.50M exceeding the $532.59M forecast. This represents a 9.09% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:39 pm

TRIP

TripAdvisor Inc (NASDAQ:TRIP) shares rose in Monday's after-hours trading following the announcement of a special committee formation to evaluate potential transaction proposals. This move comes after Liberty TripAdvisor Holdings expressed intent to explore alternatives involving both companies. TripAdvisor is also anticipated to report its fourth-quarter earnings soon, with expectations set at 22 cents per share and revenue of $374.44 million.

Portfolio Pulse from Adam Eckert

February 12, 2024 | 9:37 pm

METC

Ramaco Resources (METC) has significantly increased its sales commitments for 2024 to 3.8 million tons, nearly 90% above its previous guidance. This includes 1.5 million tons to North American customers at $167 per ton and 2.3 million tons to export markets at index-linked pricing. As a result, the company has raised its 2024 sales and production guidance, with sales expected to be between 4.2 and 4.6 million tons and production between 4.0 and 4.4 million tons. This update reflects strong market acceptance of Ramaco's coal and suggests a potential annual sales run-rate of 5 million tons by year-end 2024.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:37 pm