Streetbeat News

Earnings

IRM

Iron Mountain has provided its financial outlook for FY24, projecting AFFO between $4.39 and $4.51, significantly higher than the estimated $3.14. The company also expects revenue to be in the range of $6.00 billion to $6.15 billion, compared to the estimated $6.107 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:47 am

LTH

Life Time Group Holdings (NYSE:LTH) reported Q2 2024 adjusted EPS of $0.25, beating the estimate of $0.15 by 66.67%. Sales were $667.761M, surpassing the $634.925M estimate and showing an 18.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:47 am

ONIT

Onity Group (NYSE:ONIT) reported Q2 2024 earnings per share (EPS) of $1.33, missing the analyst estimate of $1.36. Sales were $246.4 million, also missing the estimate of $268.509 million. Both EPS and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:47 am

XPO

XPO (NYSE:XPO) reported Q2 2024 adjusted EPS of $1.12, beating the estimate of $1.01 by 10.89%. Sales were $2.097 billion, surpassing the $2.072 billion estimate and marking a 9.39% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:46 am

HSY

Hershey (NYSE:HSY) reported Q2 2024 earnings per share of $1.27, missing the analyst consensus estimate of $1.43 by 11.19%. The company also reported quarterly sales of $2.07 billion, missing the estimate of $2.31 billion by 10.27%. This represents a 16.87% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:46 am

GIL

Gildan Activewear (NYSE:GIL) reported Q2 2024 earnings of $0.74 per share, beating the analyst estimate of $0.71. Sales were $862.2 million, surpassing the $850.293 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:46 am

IRM

Iron Mountain (NYSE:IRM) reported Q2 2024 earnings per share (EPS) of $1.08, significantly beating the analyst consensus estimate of $0.74 by 45.95%. The company also reported quarterly sales of $1.534 billion, surpassing the estimate of $1.505 billion by 1.94%. This represents a 12.96% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:46 am

TRI

Thomson Reuters expects its third-quarter 2024 organic revenue growth to be approximately 6% and its adjusted EBITDA margin to be around 34%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:45 am

MBLY

Mobileye shares are trading lower after the company issued weak FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:44 am

TRI

Thomson Reuters has reported its full-year 2023 results and provided an updated outlook for 2024. The company expects FY24 revenue growth of approximately 7%, up from the prior estimate of 6.5%-7.0%, against a $7.277 billion estimate. Key metrics such as organic revenue growth, adjusted EBITDA margin, corporate costs, free cash flow, and accrued capex as a percentage of revenue were also detailed.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:43 am