Streetbeat News

Earnings

RELY

Remitly Global shares rose after the company reported strong Q3 financial results and provided Q4 revenue guidance that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:40 am

MGPI

MGP Ingredients has revised its fiscal year 2024 outlook, lowering its sales projection to $695M-$705M from a previous range of $742M-$756M. The company also adjusted its EPS forecast to $5.55-$5.65, down from $6.12-$6.23.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:40 am

TDOC

Teladoc Health shares rose after the company reported Q3 earnings and sales that exceeded analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:40 am

BSIG

BrightSphere Investment reported Q3 2024 earnings of $0.59 per share, surpassing the $0.48 estimate, and sales of $122.2M, exceeding the $111.6M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:38 am

BDC

Belden Inc. has announced its revenue and adjusted EPS expectations for Q4, projecting revenues between $645M and $660M and adjusted EPS between $1.62 and $1.72. The company expects steady order patterns across its markets.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:37 am

LIN

Linde's shares are declining following the release of its Q3 financial results, which included Q4 and FY24 adjusted EPS guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am

PHIN

Phinia reported Q3 earnings of $1.17 per share, surpassing the $0.85 estimate, marking a 69.57% increase from last year. However, sales of $839M missed the $859.64M estimate, showing a 6.36% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am

LNG

Cheniere Energy has revised its FY24 consolidated adjusted EBITDA forecast to a range of $6.0 billion to $6.3 billion, up from the previous estimate of $5.7 billion to $6.1 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am

PACK

Ranpak Holdings (NYSE:PACK) reported Q3 2024 earnings with a GAAP EPS of $(0.10), missing the estimate of $(0.04). However, sales were $92.2M, beating the $90.76M estimate and showing an 11.35% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am

MGPI

MGP Ingredients reported Q3 2024 earnings per share of $1.29, surpassing the analyst estimate of $1.25. However, sales were slightly below expectations at $161.461 million, marking a 23.70% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am