Streetbeat News

Earnings

SCI

Service Corp International shares rose following the announcement of better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:59 pm

SUM

Summit Materials has updated its financial projections for fiscal year 2024, estimating an adjusted EBITDA between $970 million and $1 billion, and capital expenditures ranging from $390 million to $410 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

PGRE

Paramount Group (NYSE:PGRE) reported Q3 2024 earnings of $0.19 per share, surpassing the analyst estimate of $0.18. Sales reached $194.899 million, exceeding the expected $176.890 million and marking a 3.02% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

SNCY

Sun Country Airlines projects Q4 sales between $250 million and $260 million, slightly above the estimated $251.80 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

MTW

Manitowoc Co reported Q3 2024 earnings with an adjusted EPS of $(0.08), missing the consensus estimate of $0.06. However, sales were $524.8M, beating the estimate of $516.493M and showing a slight increase from last year's $520.9M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

MGM

MGM Resorts shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

OFLX

Omega Flex reported its Q3 2024 earnings with an EPS of $0.46, down from $0.55 year-over-year, and revenue of $24.88 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

ACR

ACRES Commercial Realty reported Q3 earnings of $0.24 per share, missing the $0.39 estimate, but sales of $22.35M beat the $21.08M estimate. Earnings decreased by 67.12% from last year, while sales decreased by 6.89%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

CTOS

Custom Truck One Source (NYSE:CTOS) reported a Q3 2024 GAAP EPS of $(0.07), missing the consensus estimate of $(0.03). Sales were $447.220M, slightly below the $448.357M estimate, but up 2.96% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:57 pm

SBUX

Starbucks reported Q4 earnings with revenue and EPS below estimates. Comparable store sales declined globally, but active U.S. rewards memberships increased. CEO Brian Niccol plans a strategic shift to regain customers. Starbucks shares initially fell but recovered after Niccol's commentary.

Portfolio Pulse from Adam Eckert

October 30, 2024 | 8:57 pm