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SNAP

Snap Inc. shares are trading lower following the release of mixed financial results for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:24 pm

WERN

Werner Enterprises reported Q4 adjusted EPS of $0.39, missing the consensus estimate of $0.43, a 60.61% decrease from last year. Sales were $821.95M, slightly above the $820.37M estimate, but down 4.59% from the previous year.

Portfolio Pulse from mahesh@benzinga.com

February 06, 2024 | 9:24 pm

SNAP

Snap Inc. shares are trading lower following the release of mixed financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:24 pm

SNEX

StoneX Group (NASDAQ:SNEX) reported Q1 adjusted EPS of $2.24, surpassing the $1.70 estimate, a 31.76% beat. Sales reached $784.20M, exceeding the $400.75M estimate by 95.68%, marking a 19.76% increase from the previous year.

Portfolio Pulse from saritha@benzinga.com

February 06, 2024 | 9:23 pm

CMG

Chipotle Mexican Grill's shares surged following the announcement of impressive Q4 financial results, future guidance, and a share repurchase program valued at up to $200 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:23 pm

LSAK

Lesaka Technologies (NASDAQ:LSAK) reported Q2 adjusted EPS of $0.01, surpassing the $(0.03) estimate, marking a 200% increase from last year's losses. However, their sales of $143.89M fell short of the $144.47M estimate, despite being a 5.75% increase from the previous year.

Portfolio Pulse from mahesh@benzinga.com

February 06, 2024 | 9:21 pm

MSTR

MicroStrategy Inc (NASDAQ:MSTR) reported a Q4 revenue decrease of 6.1% year-over-year to $124.5 million, missing the consensus estimate of $132.9 million. Adjusted earnings were $5.62 per share. The company saw declines in product licenses, subscription services, and other revenues. It raised approximately $1.2 billion from at-the-market offerings, ending the quarter with $46.8 million in cash. MicroStrategy increased its Bitcoin holdings to 189,150 at an average cost of $31,224 per coin. Shares were down 0.62% after hours.

Portfolio Pulse from Adam Eckert

February 06, 2024 | 9:21 pm

DHT

DHT Holdings reported Q4 earnings of $0.22 per share, missing the consensus estimate of $0.23, and adjusted net revenues of $94.52M, missing the $102.22M estimate. This represents a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:21 pm

ESS

Essex Property Trust projects its 2024 Core FFO per share to range between $14.76 and $15.30, closely aligning with the estimated $15.27. For Q1, the expected Core FFO per share is between $3.68 and $3.80, which is in line with the estimated $3.75.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:21 pm

ATEN

A10 Networks (NYSE:ATEN) reported Q4 earnings with an EPS of $0.25, missing estimates by 3.85% against an expected $0.26. Revenue decreased by $7.22 million compared to the same period last year. Despite beating EPS estimates in the previous quarter leading to a 4.65% share price increase, this quarter's performance shows a downturn.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:20 pm