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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

TRIP

Tripadvisor's stock is trading higher following the announcement that it has established a Special Committee of independent board members to assess proposals.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:36 pm

METC

Ramaco Resources, Inc. (METC) provided a positive guidance update for Q4 2023 and FY23, with anticipated EPS exceeding estimates. The company also increased its full-year 2024 guidance and announced the purchase of a prep plant for the Maben Mine Complex. Q4 2023 highlights include a net income range of $28-$30 million and Adjusted EBITDA of $56-$58 million, marking the strongest quarter of 2023. Annual highlights for 2023 include a net income range of $80-$82 million and Adjusted EBITDA of $180-$182 million, with a record 3.5 million tons sold. For 2024, Ramaco has increased its sales and production guidance, with sales commitments now at 3.8 million tons, nearly 90% above prior guidance.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:36 pm

ASPN

Aspen Aerogels (NYSE:ASPN) reported Q4 earnings with an EPS of $-0.01, beating estimates by 91.67% against an expected $-0.12. Revenue increased by $24.61 million from the same period last year. The company has a history of beating EPS estimates, which previously led to an 11.28% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:35 pm

NTB

Bank of N.T Butterfield (NYSE:NTB) reported Q4 earnings, beating estimates with an EPS of $1.15 against the expected $1.11 but saw a revenue decrease of $3.60 million from the previous year. Despite beating last quarter's EPS estimates, the share price dropped by 2.41% the following day.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:35 pm

CETX

Cemtrex (NASDAQ:CETX) reported Q1 earnings with an EPS of $-1.15, missing estimates by 33.72% against an expected $-0.86. Revenue increased by $4.91 million from the same period last year. In the previous quarter, the company exceeded EPS estimates but experienced a 16.95% share price drop the following day. Historical performance shows fluctuating EPS and revenue figures.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 9:35 pm

NTB

Bank of N.T Butterfield (NYSE:NTB) reported Q4 2023 adjusted EPS of $1.15, surpassing the $1.11 estimate, with sales of $144.90M also beating the $141.34M estimate. However, this represents a 2.42% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:34 pm