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LYFT

Lyft, Inc. (NASDAQ:LYFT) reported Q4 sales of $1.22 billion, meeting analyst estimates and marking a 4.22% increase year-over-year. Q4 gross bookings rose 17% to $3.7 billion, with full-year revenue up 8% to $4.4 billion. The number of rides increased 26% year-over-year. CFO Erin Brewer highlighted strong foundations for profitable growth and the company's focus on operational excellence for 2024. Lyft anticipates Q1 gross bookings between $3.5 billion and $3.6 billion. Lyft shares surged nearly 24% in after-hours trading to $15.00.

Portfolio Pulse from Erica Kollmann

February 13, 2024 | 9:28 pm

Z

Zillow Group (Z) reported Q4 earnings of $0.20 per share, surpassing the $0.12 estimate, and sales of $474M, exceeding the $451.41M estimate. This represents a slight decrease in earnings but an increase in sales compared to last year.

Portfolio Pulse from Happy Mohamed

February 13, 2024 | 9:26 pm

GEG

Great Elm Group (GEG) reported a Q2 EPS of $(0.01), a significant decrease from $0.48 YoY. However, sales increased to $2.82M from $1.88M YoY, marking a 50.03% growth.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:26 pm

HOOD

Robinhood Markets (NASDAQ:HOOD) reported Q4 earnings with a revenue of $471 million, up 24% YOY, beating estimates. EPS was 3 cents, surpassing expectations of a 1 cent loss per share. The company saw increases in transaction-based revenues, net interest, and cryptocurrency revenue. Funded customers grew to 23.4 million, and assets under custody rose to $102.6 billion. The full fiscal 2023 revenue was $1.87 billion, a 37% increase YOY, with a loss of 61 cents per share. Robinhood anticipates continued growth in 2024, focusing on new products, features, and international expansion.

Portfolio Pulse from Chris Katje

February 13, 2024 | 9:25 pm

VTGN

Vistagen Therapeutics (NASDAQ:VTGN) reported Q3 earnings, beating estimates with an EPS of $-0.22 against an expected $-0.3, and revenue increased by $231 thousand year-over-year. Despite beating last quarter's EPS estimates, the share price dropped by 11.07% the following day.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:25 pm

LYFT

Lyft's stock price increased following the announcement of their Q4 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:24 pm

AKAM

Akamai Technologies' shares dropped following mixed Q4 financial results, indicating a disparity between expected and actual performance metrics.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 9:20 pm

MCY

Mercury General (NYSE:MCY) reported Q4 earnings with an EPS of $1.15, significantly beating the estimate of $0.19 by 505.26%. Revenue increased by $223.00 million from the same period last year. The company had previously beaten EPS estimates last quarter, leading to a 21.6% share price increase the following day. Historical earnings performance shows varied results over the past quarters.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:20 pm

PRI

Primerica (NYSE:PRI) reported Q4 earnings with an EPS of $4.25, missing estimates by 0.47% against an expected $4.27. Revenue increased by $39.40 million from the same period last year. In the previous quarter, PRI beat EPS estimates by $0.25, leading to a 1.75% share price increase the next day. The company's earnings performance over the past four quarters shows fluctuating EPS but generally increasing revenue.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:20 pm

DENN

Denny's (NASDAQ:DENN) reported Q4 earnings with an EPS of $0.14, missing the estimated $0.17 by 17.65%. Revenue decreased by $5.50 million from the same period last year. In the previous quarter, Denny's beat the EPS estimate but experienced a 0.35% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 9:20 pm