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SEDG

SolarEdge shares are trading lower following the announcement of mixed Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:36 pm

CMTG

Claros Mortgage Trust (CMTG) reported Q4 2023 adjusted EPS of $0.26, missing the $0.28 estimate, but sales of $75.98M exceeded the $70.46M estimate. This represents a 9.13% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:36 pm

JBGS

JBG SMITH Props (NYSE:JBGS) reported Q4 2023 FFO of $0.38 per share, surpassing the $0.29 estimate, and sales of $147.58M, exceeding the $120.70M estimate. This represents a 26.67% increase in earnings and a 2.10% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:35 pm

VIV

Telefonica Brasil reported a 6.9% year-over-year increase in its Q4 net revenue. The company, which is listed in the US under the ticker VIV, showed positive financial growth during the quarter.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:35 pm

TDOC

Teladoc Health Inc (NYSE:TDOC) reported its Q4 earnings with a 4% year-over-year revenue increase to $660.5 million, missing estimates of $671.43 million. The company had a smaller-than-expected quarterly loss of 17 cents per share, against estimates of a 21-cent loss. Teladoc generated $93.6 million in free cash flow and expects Q1 revenue between $630 million and $645 million, below estimates of $672.87 million. Full-year revenue is projected to be between $2.635 billion and $2.735 billion, under the $2.77 billion estimate. Shares dropped 11.7% after hours to $18.10.

Portfolio Pulse from Adam Eckert

February 20, 2024 | 9:35 pm

QUAD

Quad/Graphics (NYSE:QUAD) reported Q4 earnings, surpassing estimated earnings by 76.92% with an EPS of $0.23 against an estimate of $0.13. However, revenue declined by $97.30 million from the same period last year. In the previous quarter, despite beating EPS estimates, the share price dropped by 12.68% the following day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:35 pm

RWT

Redwood Trust (NYSE:RWT) reported Q4 earnings with an EPS of $0.05, missing estimates by 64.29% against an expected $0.14. Revenue decreased by $7M from the same period last year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to an 8.59% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 9:35 pm

TDOC

Teladoc Health's shares dropped following mixed Q4 financial results and disappointing future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:32 pm

RWT

Redwood Trust (NYSE:RWT) reported Q4 2023 adjusted EPS of $0.05, missing the $0.14 estimate, and sales of $20.00M, missing the $27.21M estimate. This represents a 25.93% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:32 pm

CLW

Clearwater Paper (NYSE:CLW) reported Q4 2023 earnings of $1.04 per share with sales of $512.80M, surpassing the $497.00M estimate. This represents a 2.64% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:32 pm