Streetbeat News

Earnings

GEHC

GE Healthcare has updated its 2024 financial guidance, expecting adjusted EPS of $4.25-$4.35, slightly up from prior guidance. Organic revenue growth is expected at the lower end of 1%-2% due to China market softness. Adjusted EBIT margin is projected to expand to 15.8%-16.0%, with free cash flow around $1.8 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:24 am

EAT

Brinker International has raised its fiscal year 2025 total revenue outlook from $4.55B-$4.62B to $4.70B-$4.75B, surpassing the estimated $4.616B. Additionally, the adjusted EPS forecast has been increased from $4.35-$4.75 to $5.20-$5.50, exceeding the estimated $4.83.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:23 am

GEHC

GE HealthCare Techs reported Q3 2024 earnings per share of $1.14, surpassing the analyst estimate of $1.05, marking a 15.15% increase from last year. However, sales of $4.86 billion slightly missed the $4.87 billion estimate, though they were up 0.85% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:21 am

EAT

Brinker International (NYSE:EAT) reported Q1 2025 earnings per share of $0.95, surpassing the analyst estimate of $0.69 by 37.68%. The company also reported sales of $1.14 billion, exceeding the $1.10 billion estimate and marking a 12.55% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:18 am

CWEN

Clearway Energy has reaffirmed its 2024 Cash Available for Distribution (CAFD) outlook of $395 million, indicating confidence in its financial projections.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:18 am

ARCC

Ares Capital (NASDAQ:ARCC) reported Q3 earnings of $0.58 per share, missing the $0.59 estimate, but sales of $775M beat the $774.28M estimate. Earnings decreased by 1.69% from last year, while sales increased by 18.32%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:17 am

GO

Grocery Outlet has announced that it expects to lower its full-year adjusted EBITDA guidance to below the previously disclosed range of $252 million to $260 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:17 am

CWEN

Clearway Energy reported a significant increase in Q3 earnings per share (EPS) to $0.31, up 933.33% from $0.03 last year. Sales also rose by 31% to $486 million from $371 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:17 am

GO

Grocery Outlet is reassessing its full-year guidance and expects to exceed the high end of its net sales guidance range of $4.30B - $4.35B, with estimates at $4.36B.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:16 am

AMD

GOOG

GOOGL

SNAP

Alphabet Inc. shares rose 6% in pre-market trading after reporting better-than-expected Q3 results with $88.27 billion in revenue. Other stocks like Haoxi Health Technology and Snap Inc. also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 10:16 am