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RNG

RingCentral's shares dropped following the company's announcement of Q1 and FY24 revenue guidance, along with Q1 adjusted EPS guidance, which were all below market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 10:00 pm

UUU

Universal Security (AMEX:UUU) reported a significant decrease in both earnings and sales for Q3, with EPS dropping to $0.04 from $0.15 YoY and sales falling to $4.66M from $5.76M YoY.

Portfolio Pulse from Happy Mohamed

February 20, 2024 | 9:58 pm

FANG

Diamondback Energy, Inc. (NASDAQ:FANG) reported Q4 earnings surpassing analyst expectations with adjusted earnings of $4.74 per share and quarterly sales of $2.23 billion. The company also exceeded its production guidance and announced significant returns to stockholders including dividends and share repurchases. Diamondback expects full-year 2024 oil production of between 270 and 275 MBO/D and capital expenditures of between $2.3 billion and $2.55 billion.

Portfolio Pulse from Erica Kollmann

February 20, 2024 | 9:57 pm

WK

Workiva projects its full-year 2024 total revenue to be between $718M-$722M, which is below the estimated $731.727M. The company also forecasts its adjusted EPS to range from $0.56 to $0.63, lower than the expected $0.80.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:56 pm

SPT

Sprout Social's shares declined following the announcement of its Q4 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:55 pm

ESI

Element Solutions (NYSE:ESI) reported Q4 earnings of $0.32 per share, missing the consensus estimate of $0.33, and sales of $573.40M, missing the estimate of $590.63M. This represents a 10.34% increase in earnings per share over the same period last year but a slight 0.07% decrease in sales.

Portfolio Pulse from Happy Mohamed

February 20, 2024 | 9:51 pm

KEYS

Keysight Technologies' shares dropped following the company's announcement of Q2 earnings per share (EPS) and revenue guidance that fell short of analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:51 pm

MGM

Former NFL star Dez Bryant, known for his tenure with the Dallas Cowboys and Baltimore Ravens, has recently gained attention for his successful sports betting, particularly in college basketball. Bryant won $416,970.35 from a $767.68 bet on a 13-leg NCAA Men's Basketball parlay with BetMGM, a joint venture between MGM Resorts International (NYSE:MGM) and Entain. His betting streak also includes a win on the Kansas City Chiefs in Super Bowl LVIII and a successful tennis parlay.

Portfolio Pulse from Chris Katje

February 20, 2024 | 9:50 pm

GFL

GFL Environmental (NYSE:GFL) reported Q4 earnings with an EPS of $0.04, missing estimates by 82.61% against an expected $0.23. Revenue increased by $27.00 million from the previous year. The company's past earnings performance shows mixed results, with the last quarter beating EPS estimates but followed by a 2.18% drop in share price.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:50 pm

MANU

Sir Jim Ratcliffe, through Trawlers Limited, has completed the acquisition of 25% of Manchester United plc's (NYSE:MANU) Class A and Class B shares. The transaction included a tender offer for Class A shares at $33.00 each, with Ratcliffe ultimately investing $200 million for additional shares, raising his total ownership to approximately 27.7% in both share classes. An additional $100 million investment is planned by the end of 2024 to support infrastructure improvements at Old Trafford.

Portfolio Pulse from Happy Mohamed

February 20, 2024 | 9:49 pm