Streetbeat News

Earnings

NCNO

nCino has entered into a definitive agreement to acquire UK-based FullCircl for $135 million in cash. This acquisition aims to enhance nCino's capabilities in onboarding and client lifecycle management. $15 million of the purchase price will be retained by nCino for two years as security for performance warranties. nCino will update on the financial impact during its Q3 earnings release.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:08 am

TEL

TE Connectivity has released its financial outlook for the first quarter of fiscal year 2025, expecting net sales of $3.9 billion and adjusted EPS of $1.88, slightly below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:08 am

AXTA

Axalta Coating Systems has raised its fiscal year 2024 adjusted EPS outlook to approximately $2.15, up from the previous $2.05, and above the $2.06 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:07 am

TT

Trane Technologies reported Q3 2024 earnings per share of $3.37, surpassing the analyst estimate of $3.24. The company's sales reached $5.441 billion, exceeding the expected $5.317 billion and marking an 11.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:06 am

THRM

Gentherm has revised its 2024 revenue outlook to $1.45B–$1.47B from the previous $1.5B-$1.6B, citing a decrease in light vehicle production. The adjusted EBITDA margin is expected near the mid-point of 12.5%–13.5%, with no changes in tax rate or capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:05 am

DQ

Daqo New Energy reported a Q3 2024 adjusted loss of $(0.59) per share, missing the $(0.31) estimate, but sales of $198.496M beat the $187.927M estimate. This marks a significant decline from last year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:05 am

SITE

SiteOne Landscape Supply reported Q3 2024 earnings per share of $0.97, missing the consensus estimate of $1.19, but sales of $1.209 billion exceeded expectations. EPS decreased by 22.4% year-over-year, while sales increased by 5.59%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:04 am

LIVN

LivaNova has updated its 2024 financial guidance, projecting revenue growth of 8.5%-9.5% and adjusted EPS of $3.30-$3.40, both higher than previous estimates. The company also forecasts adjusted free cash flow between $110 and $130 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:03 am

BG

Bunge reported Q3 2024 earnings per share of $2.29, surpassing the analyst estimate of $2.14. Sales were $12.908 billion, also beating the estimate of $12.774 billion. However, sales decreased by 9.27% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:03 am

AXTA

Axalta Coating Systems reported Q3 2024 earnings per share of $0.59, surpassing the analyst estimate of $0.51. However, their sales of $1.320 billion slightly missed the expected $1.322 billion, though it marks a 0.84% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:02 am