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THG

Hanover Insurance Group (THG) reported Q1 2024 adjusted EPS of $3.08, surpassing the $2.71 estimate, marking a 2269.23% increase from last year's $0.13. However, their sales of $1.454B fell short of the $1.465B estimate, a slight 0.75% miss, but still a 2.25% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:29 pm

Z

ZG

Zillow's stock price declined following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:29 pm

ETSY

Etsy Inc (NASDAQ:ETSY) reported Q1 financial results with both revenue and EPS missing estimates. Revenue was $645.954 million against an estimate of $646.33 million, and EPS was 48 cents, missing the 49 cents estimate. GMS decreased by 3.7% year-over-year to $3 billion, with the Etsy marketplace contributing $2.6 billion, a 5.3% decrease. The company cited a challenging macroeconomic environment impacting discretionary spending as a key factor. Etsy ended the quarter with $1.1 billion in cash and investments. The outlook for Q2 GMS is expected to be similar to Q1, with potential for a modest acceleration in the second half of the year. Etsy shares dropped 13.56% after hours to $60.28.

Portfolio Pulse from Adam Eckert

May 01, 2024 | 8:28 pm

PCOR

Procore Technologies (NYSE:PCOR) reported Q1 2024 adjusted EPS of $0.30, surpassing the $0.16 estimate, with sales of $269M beating the $263.154M estimate, marking a 25.98% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:27 pm

INFA

Informatica (NYSE:INFA) reported Q1 2024 adjusted EPS of $0.22, surpassing the $0.21 estimate, with sales of $388.61M exceeding the $387.36M forecast. This represents a 6.34% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:27 pm

ACHC

Acadia Healthcare Co (NASDAQ:ACHC) reported Q1 2024 adjusted EPS of $0.84, surpassing the $0.81 estimate, marking a 12% increase from the previous year. However, their sales of $768.051M fell short of the $779.166M estimate, despite being a 9.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm

TTEK

Tetra Tech forecasts its Q3 2024 earnings per share (EPS) to be in the range of $1.50-$1.55, compared to the analyst estimate of $1.52. The company also projects its revenue to be between $1.05 billion and $1.1 billion, versus the estimated $1.069 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm

DVN

Devon Energy announced the addition of a 4th Delaware completion crew in January, leading to a capital program in 2024 that will be weighted towards the first half of the year. This adjustment is expected to increase Q2 production to 670K-690K BOE per day and raise capital spending to approximately $950M for the quarter.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm

MPWR

Monolithic Power Systems projects its Q2 revenue to be between $480M-$500M, surpassing the estimated $474.265M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm

Z

Zillow Group (Z) reported Q1 2024 adjusted EPS of $0.36, surpassing the $0.34 estimate, with sales of $529M also beating the $508.524M estimate. This represents a year-over-year earnings increase of 2.86% and a sales increase of 12.79%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm