Streetbeat News

Earnings

ALK

Alaska Air Group has projected its FY23 capacity growth to be between 11% and 13%, with revenue growth expected to be between 8% and 10%. The company also anticipates a 1% to 3% decrease in CASMex. The estimated EPS is between $5.50 and $7.50, which is lower than the $6.6 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:15 am

ALK

Alaska Air Group has projected its 3Q23 capacity to grow by 10%-13% YoY, total revenue to increase by 0%-3% YoY, and CASMex to decrease by 0%-2% YoY. The economic fuel cost per gallon is expected to be between $2.70 and $2.80, with an adjusted pre-tax margin of 14%-16%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:14 am

ARCC

Ares Capital (NASDAQ:ARCC) reported Q2 adjusted earnings of $0.58 per share, beating the analyst consensus estimate of $0.57 by 1.75%. This is a 26.09% increase from the same period last year. The company also reported quarterly sales of $634.00 million, beating the analyst consensus estimate of $622.05 million by 1.92%, a 32.36% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:14 am

TRU

TransUnion has maintained its 2023 guidance with a revenue forecast of $3.825B-$3.885B, which is in line with the consensus estimate of $3.86B. The company also expects its adjusted EPS to be between $3.49 and $3.62, matching the consensus estimate of $3.58.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:11 am

TRU

TransUnion has provided its Q3 revenue guidance, expecting to generate between $973M and $988M, which is slightly below the consensus estimate of $986.3M. The company also anticipates an adjusted EPS of $0.92-$0.95, lower than the consensus estimate of $0.97.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:09 am

PII

Polaris has revised its FY23 adjusted EPS growth forecast to -2% - +3%, a change from its previous estimate of -3% - +3%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:07 am

AWI

Armstrong World Indus (NYSE:AWI) reported Q2 earnings of $1.38 per share, beating the analyst consensus estimate of $1.31 by 5.34%. This is a 6.98% increase from the same period last year. However, the company's quarterly sales of $325.40 million missed the analyst consensus estimate of $335.50 million by 3.01%, though it's a 1.37% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:07 am

ST

Sensata Technologies has projected its Q3 revenue to be between $980M and $1.02B, lower than the estimated $1.03B. The company also expects its adjusted EPS to be between $0.84 and $0.94, which is below the estimated $0.96. Changes in foreign currency exchange rates are anticipated to decrease revenue by about $6 million and adjusted EPS by $0.03.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:06 am

TRU

TransUnion (NYSE:TRU) reported Q2 adjusted earnings of $0.86 per share, beating the analyst consensus estimate of $0.83 by 3.61%. However, this is a 12.24% decrease from the same period last year. The company also reported quarterly sales of $968.00 million, beating the analyst consensus estimate of $957.62 million by 1.08%, and marking a 2.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:06 am

SPOT

Spotify has reported its Q3 results, with total Monthly Active Users (MAUs) reaching 572 million, total premium subscribers at 224 million, and total revenue of €3.3 billion.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:05 am