Streetbeat News

Earnings

RLI

RLI (NYSE:RLI) reported strong Q2 2024 results with adjusted EPS of $1.72, beating the $1.34 estimate by 28.36%. Sales were $459.899M, surpassing the $443.658M estimate by 3.66%. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:21 pm

MEDP

Medpace Holdings has revised its 2024 revenue forecast from $2.15B - $2.20B to $2.125B - $2.175B, slightly below the estimated $2.17B. The EPS forecast has been adjusted from $10.79 - $11.47 to $11.24 - $11.93, above the estimated $11.25. GAAP net income for 2024 is expected to be between $361.0 million and $383.0 million, and EBITDA is forecasted to be in the range of $430.0 million to $460.0 million.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:20 pm

ELS

Equity Lifestyle Properties (ELS) has provided its forecast for FY24 normalized funds from operations (FFO) in the range of $2.86 to $2.96, compared to the estimated $2.90.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:19 pm

ELS

Equity Lifestyle Properties (ELS) has announced its Q3 normalized FFO guidance to be between $0.69 and $0.75, surpassing the estimated $0.65.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:19 pm

CCK

Crown Holdings (CCK) has updated its financial outlook, projecting Q3 EPS between $1.75 and $1.85, compared to the previous estimate of $1.79. The company has also raised its FY24 EPS guidance to $6.00-$6.25 from $5.80-$6.20, surpassing the $5.97 estimate. Free cash flow for the year is expected to be at least $750 million.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:19 pm

SSD

Simpson Manufacturing Co (NYSE:SSD) reported Q2 2024 earnings per share of $2.31, missing the analyst estimate of $2.48 by 6.85%. The company also reported sales of $597.00 million, missing the estimate of $607.92 million by 1.80%. Sales decreased by 0.10% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:17 pm

ELS

Equity Lifestyle Properties (NYSE:ELS) reported Q2 2024 earnings per share of $0.66, beating the analyst estimate of $0.65. The company also reported sales of $380.019 million, surpassing the $375.128 million estimate and marking a 2.70% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:17 pm

NBTB

NBT Bancorp (NASDAQ:NBTB) reported Q2 2024 earnings per share (EPS) of $0.69, which met analyst expectations. The company also reported sales of $140.406 million, beating the estimate of $139.253 million and marking a 15.91% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:17 pm

CCK

Crown Holdings (NYSE:CCK) reported Q2 earnings of $1.81 per share, beating the analyst estimate of $1.58. However, sales of $3.04 billion missed the $3.06 billion estimate. Earnings increased by 7.74% year-over-year, while sales decreased by 2.22%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:17 pm

ARE

Alexandria Real Estate Equities (ARE) has raised its FY24 EPS outlook from $2.98-$3.10 to $3.60-$3.72, surpassing the $3.38 estimate. The company also updated its funds from operations (FFO) per share guidance and key credit metrics, indicating strong financial health and strategic capital management.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:16 pm