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ELF

E.l.f. Beauty, Inc. (NYSE:ELF) shares surged after reporting Q3 earnings of 74 cents per share, surpassing the 51 cents estimate, and raising its 2024 guidance above expectations. Quarterly sales reached $270.94 million, beating the $231.13 million estimate. The company has seen consistent growth, marking its 20th consecutive quarter of growth in sales and market share. E.l.f. raised its FY 2024 EPS guidance to $2.84-$2.87 and revenue guidance to $980-$990 million.

Portfolio Pulse from Erica Kollmann

February 06, 2024 | 9:53 pm

JKHY

Jack Henry & Associates has updated its FY24 revenue forecast, slightly adjusting its expected range. The new forecast for total revenue is between $2.215 billion and $2.228 billion, a slight increase from the previous range of $2.211 billion to $2.232 billion. The adjusted revenue forecast has also been updated to a range of $2.197 billion to $2.210 billion, from the earlier forecast of $2.193 billion to $2.214 billion. This revision comes amidst expectations of a $2.22 billion revenue by analysts.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:50 pm

KREF

KKR Real Estate Finance (NYSE:KREF) reported Q4 earnings with an EPS of $-0.37, missing estimates by 436.36% and showing a revenue decrease of $5.42 million from the previous year. This performance contrasts with the previous quarter where KREF beat EPS estimates, leading to a 2.17% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:50 pm

TRVG

trivago (NASDAQ:TRVG) reported Q4 earnings, beating estimated EPS by 200% with an actual EPS of $0.01 versus an estimate of $-0.01. However, revenue decreased by $8.36 million from the same period last year. Despite beating last quarter's EPS estimate, the share price dropped by 7.14% the following day.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:50 pm

ATO

Atmos Energy (NYSE:ATO) reported Q1 earnings with an EPS of $2.08, beating estimates by 1.46% but with a revenue decrease of $326.01 million from the previous year. The company has a history of surpassing EPS estimates, which has positively impacted its share price in the past.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:50 pm

JKHY

Jack Henry & Associates (NASDAQ:JKHY) reported Q2 earnings with an EPS of $1.22, beating estimates by 7.02% and showing a revenue increase of $40.39 million year-over-year. The company has consistently beaten EPS estimates in the past four quarters, leading to share price increases. For FY 2024, earnings are expected to be between $5.09 and $5.13 per share.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:50 pm

KRE

NYCB

New York Community Bancorp Inc. (NYSE:NYCB) shares plummeted 22.15% to a 26-year low amid commercial real estate concerns and a disappointing quarterly report showing a loss. The bank's market cap halved following a 38% value loss after the report. NYCB, having acquired Signature Bank post the regional banking crisis, faces stricter regulations due to its asset growth. A significant portion of its loans are in commercial real estate, prompting a dividend cut and increased reserves for potential loan losses. Bank of America remains bullish with a price target of $8.50. The SPDR S&P Regional Banking ETF (NYSE:KRE) also saw a decline, closing 1.26% lower.

Portfolio Pulse from Piero Cingari

February 06, 2024 | 9:46 pm

DOX

Amdocs (NASDAQ:DOX) has been selected by Magyar Telekom to deploy a cloud-native policy control platform for 5G, expanding their collaboration. This multi-year agreement will modernize Magyar Telekom's Policy and Charging Control function, enabling the delivery of new 5G services and enhancing customer experience. The Amdocs platform will provide a single convergent platform for both 4G and 5G networks, offering flexibility, scalability, and adherence to industry standards.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:45 pm

TRVG

trivago (NASDAQ:TRVG) reported Q4 earnings of $0.01 per share, beating the $(0.01) estimate, but missed sales estimates with $98.70M against the expected $100.64M. This represents a 93.33% decrease in earnings and a 7.81% decrease in sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

February 06, 2024 | 9:45 pm

WFRD

Weatherford International (NASDAQ:WFRD) reported Q4 earnings with a 35.71% beat on EPS estimates, posting $1.9 versus the expected $1.4. Revenue increased by $153 million year-over-year. The company has a history of surpassing EPS estimates, which previously led to a slight increase in share price.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:45 pm