Streetbeat News

Earnings

ABBV

AbbVie has raised its 2024 adjusted diluted EPS guidance from $10.61-$10.81 to $10.71-$10.91, surpassing the consensus of $10.78. This includes an unfavorable impact of $0.60 per share related to acquired IPR&D and milestones expense incurred year-to-date through Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:39 am

FCN

FTI Consulting has revised its FY24 revenue forecast from $3.65B-$3.79B to $3.70B-$3.79B, and its EPS forecast from $7.75-$8.50 to $8.10-$8.60. The estimates were $3.77B for revenue and $8.45 for EPS.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:37 am

ABBV

AbbVie reported Q2 2024 adjusted EPS of $2.65, beating the estimate of $2.57. Sales were $14.462 billion, surpassing the expected $14.027 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:37 am

EME

EMCOR Group has increased its 2024 revenue guidance range to $14.5B-$15.0B from $14.0B-$14.5B, surpassing the estimated $14.305B. Additionally, the company has raised its EPS guidance to $19.00-$20.00 from $15.50-$16.50, exceeding the estimated $16.21.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:35 am

NTCT

NetScout Systems has reiterated its FY25 revenue guidance of $800M-$830M and adjusted EPS of $2.10-$2.30. However, the GAAP net loss per share is now expected to be between ($5.28) and ($5.03) due to goodwill impairment and restructuring charges.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:35 am

SHYF

Shyft Group (NASDAQ:SHYF) reported Q2 earnings of $0.16 per share, beating the analyst estimate of $0.09. However, sales of $192.78 million missed the $201.47 million estimate. Earnings decreased by 36% year-over-year, and sales decreased by 14.36% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:34 am

COFS

ChoiceOne Financial Services (COFS) reported Q2 2024 GAAP EPS of $0.87, beating the estimate of $0.76. Sales were $22.454 million, up from $19.576 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:34 am

FSV

FirstService (NASDAQ:FSV) reported Q2 2024 adjusted EPS of $1.36, beating the estimate of $1.29. Sales were $1.298 billion, surpassing the $1.281 billion estimate and marking a 16% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:32 am

EME

EMCOR Group (NYSE:EME) reported Q2 2024 earnings per share (EPS) of $5.25, significantly beating the analyst estimate of $3.76. The company also reported sales of $3.667 billion, surpassing the estimate of $3.522 billion. This represents a 20.39% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:32 am

HNI

HNI (NYSE:HNI) reported Q2 earnings of $0.79 per share, beating the analyst estimate of $0.61 by 29.51%. However, sales of $623.70 million missed the estimate of $637.82 million by 2.21%. Earnings increased by 43.64% year-over-year, while sales grew by 10.68%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:32 am