Streetbeat News

Earnings

PEBO

Peoples Bancorp reported Q2 2024 GAAP EPS of $0.82, missing the estimate of $0.84. However, sales were $110.317M, beating the estimate of $109.949M.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:18 am

CNC

Centene Corporation expects to reaffirm its FY24 GAAP EPS guidance floor of greater than $5.94 and adjusted EPS guidance floor of greater than $6.80, which is slightly below the estimated $6.84.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:16 am

CNC

Centene expects to report Q2 GAAP EPS of $2.16 and adjusted EPS of $2.42, surpassing estimates of $1.96. The Centers for Medicare and Medicaid Services published the final risk adjustment transfers for the 2023 benefit year, resulting in a $0.0 billion receivable for Centene. As of March 31, 2024, Centene had recorded a $1.3 billion 2023 risk adjustment payable on its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:14 am

CSTM

Constellium has paused its FY24 guidance for adjusted EBITDA due to uncertainty around the impact of severe flooding at its facilities in Switzerland. The extent of the damage and the timing to restart production are currently unknown.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:14 am

MMYT

MakeMyTrip (NASDAQ:MMYT) reported strong Q1 2025 earnings, with an adjusted EPS of $0.39 beating the $0.27 estimate and sales of $243.658 million surpassing the $242.186 million estimate. This represents a 30% increase in EPS and a 22.88% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:13 am

CSTM

Constellium anticipates generating free cash flow exceeding €100 million in 2024, indicating strong financial health and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:11 am

DHR

Danaher anticipates a low-single digit year-over-year decline in non-GAAP core revenue for both the third quarter and full year of 2024.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:10 am

UPS

UPS shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:09 am

PII

Polaris shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its guidance.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:09 am

PII

Polaris has revised its 2024 sales outlook, now expecting a decline of 17-20% compared to the previous forecast of a 5-7% decline. Additionally, the company anticipates adjusted EPS to drop by 56-62%, a significant revision from the prior outlook of a 10-15% decline year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:08 am