Streetbeat News

Earnings

PLOW

Douglas Dynamics reported Q3 2024 earnings per share of $0.24, beating estimates of $0.21, but sales of $129.398M missed the $141.200M estimate. EPS decreased by 4% from last year, and sales decreased by 10.22% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 10:07 pm

DKNG

DraftKings Inc (NASDAQ:DKNG) is expected to provide updated financial guidance in its third-quarter earnings report. Bank of America analyst Shaun C. Kelley reiterated a Buy rating with a $50 price target, highlighting potential revenue growth and EBITDA protection. Concerns include slower app downloads and unfavorable NFL outcomes.

Portfolio Pulse from Chris Katje

October 28, 2024 | 10:07 pm

SMBC

Southern Missouri Bancorp reported Q1 2025 earnings per share of $1.10, missing the analyst consensus estimate of $1.11. This represents a 5.17% decrease from the previous year's earnings of $1.16 per share.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:44 pm

WM

WM is on track to exceed its 2024 financial guidance, with expected revenue growth of 6% and adjusted operating EBITDA near the upper end of its range. The company has achieved strong revenue growth driven by pricing and increased landfill volumes. WM is also advancing its sustainability projects and acquisitions, including the planned acquisition of Stericycle.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:24 pm

FSUN

FirstSun Capital Bancorp reported a Q3 EPS of $0.84, excluding merger costs, down from $1.00 last year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:24 pm

WM

Waste Management reported Q3 earnings of $1.96 per share, surpassing the $1.89 estimate, and sales of $5.61 billion, exceeding the $5.51 billion estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:22 pm

HKIT

Hitek Global reported a significant decline in its financial performance for the first half of the year. The company's earnings per share (EPS) dropped to $0.01 from $0.05, and revenue decreased to $1.83 million from $2.95 million compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:14 pm

TMDX

TransMedics Group Inc (NASDAQ:TMDX) shares fell nearly 24% in after-hours trading following disappointing Q3 earnings. The company reported revenue of $108.76 million, missing estimates of $115 million, and EPS of 12 cents, below the expected 30 cents. Despite a 64% year-over-year revenue increase, driven by the Organ Care System and logistics services, the market reacted negatively. TransMedics maintains a positive outlook for 2024 and beyond, with a full-year revenue forecast between $425 million and $445 million.

Portfolio Pulse from Adam Eckert

October 28, 2024 | 9:11 pm

CVI

CVR Energy reported a significant earnings miss for Q3 2024, with an adjusted EPS of $(0.50) compared to the expected $(0.09). Sales also fell short at $1.83 billion against the $1.91 billion estimate, marking a substantial decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:08 pm

UAN

CVR Partners reported a significant increase in Q3 EPS to $0.36, up 414.29% from $0.07 YoY, despite a 4.13% decrease in sales to $125.20M from $130.59M YoY.

Portfolio Pulse from totan@benzinga.com

October 28, 2024 | 9:07 pm