Streetbeat News

Earnings

NVT

NVent Electric Plc (NYSE:NVT) anticipates Q3 adjusted EPS of $0.72-$0.74, in line with the consensus of $0.73. The company also expects Q3 reported sales growth of 16%-18%, which represents 1%-3% growth on an organic basis.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:44 am

NVT

NVent Electric Plc (NYSE:NVT) has revised its FY23 guidance, now expecting an adjusted EPS of $2.85-$2.91, up from the previous guidance of $2.65-$2.73. The company also anticipates a reported sales growth of 13%-15%, a significant increase from the prior guidance of 4% to 6%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:41 am

NVT

nVent Electric reported Q2 adjusted earnings of $0.77 per share, beating the analyst consensus estimate of $0.68 by 13.24%. This is a 35.09% increase over earnings of $0.57 per share from the same period last year. The company also reported quarterly sales of $803.00 million, beating the analyst consensus estimate of $786.75 million by 2.07%. This is a 10.38% increase over sales of $727.50 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:36 am

GTLS

Chart Industries (NYSE:GTLS) reported Q2 earnings of $1.19 per share, beating the analyst consensus estimate of $0.93 by 27.96%. This is a 35.23% increase from the same period last year. However, the company's quarterly sales of $908.10 million missed the analyst consensus estimate of $971.81 million by 6.56%, despite a 124.33% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:36 am

B

Barnes has reiterated its FY23 adjusted EPS outlook of $2.15 - $2.30, which is in line with the previous outlook and slightly below the $2.25 estimate. The company forecasts organic sales growth of 7% to 9% for 2023, with adjusted operating margin between 12.5% and 13.5%. The 2023 outlook excludes any impacts from the pending MB Aerospace acquisition.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:35 am

STVN

Stevanato Gr (NYSE:STVN) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.14 by 9.29%. This is a 17.69% increase from the same period last year. The company also reported quarterly sales of $278.26 million, beating the analyst consensus estimate of $276.87 million by 0.50%. This is an 11.48% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:34 am

XOM

Exxon Mobil's Q2 adjusted EPS of $1.94 missed the estimated $2.01, a decrease of 53.14% from the same period last year. However, the company's quarterly sales of $82.91 billion beat the estimated $80.19 billion, despite a decrease of 28.33% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:32 am

LAZY

Lazydays Hldgs reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. However, the company's quarterly sales of $308.40 million missed the analyst consensus estimate of $315.17 million by 2.15%. This represents a decrease in earnings and sales compared to the same period last year.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 10:32 am

B

Barnes Gr (NYSE:B) reported Q2 earnings of $0.58 per share, beating the analyst consensus estimate of $0.54 by 7.41%. However, the company's quarterly sales of $338.98 million missed the analyst consensus estimate of $339.16 million by 0.05%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:31 am

CVEO

Civeo (NYSE:CVEO) reported Q2 earnings of $0.30 per share, missing the analyst consensus estimate of $0.31 by 3.23%. This is a 44.44% decrease from the same period last year. However, the company's quarterly sales of $178.84 million beat the analyst consensus estimate of $173.59 million by 3.03%, despite being a 3.30% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 10:31 am