Streetbeat News

Earnings

SSTK

Shutterstock's stock price increased following the announcement of exceeding Q1 expectations, an upward revision of FY24 guidance, and plans to acquire Envato, a company specializing in digital creative assets and templates.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:38 am

PACK

Ranpak Holdings announced its commitment to generating cash in 2024 and aims to achieve a leverage target of 3.0X or less. This strategic financial goal underscores the company's focus on improving its balance sheet and financial health.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:38 am

ICE

Intercontinental Exchange (ICE) projects its Q2 adjusted operating expenses to be between $945 million and $955 million.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:37 am

ICE

Intercontinental Exchange forecasts its FY24 adjusted operating expenses to be between $3.79 billion and $3.82 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:37 am

OMCL

Omnicell (NASDAQ:OMCL) reported Q1 2024 adjusted EPS of $0.03, surpassing the $(0.09) estimate, with sales of $246.150M exceeding the $236.754M forecast. This represents a significant earnings beat but also a notable decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:37 am

CIGI

Colliers Intl Gr (CIGI) reported Q1 2024 earnings of $0.77 per share, missing the $0.94 estimate, a 10.47% decrease from last year. Sales reached $1.002B, beating the $992.178M estimate, marking a 3.74% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:37 am

MGPI

MGP Ingredients projects its FY24 revenue to be between $742M and $756M, compared to the estimated $754.62M. The adjusted EPS is forecasted to be between $6.12 and $6.23, closely aligning with the $6.16 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:36 am

APG

APi Group Corporation (APG) reported Q1 adjusted earnings of $0.34 per share, surpassing the consensus estimate of $0.33, marking a 36% increase from last year. Quarterly sales were $1.60 billion, meeting estimates but slightly down from $1.61 billion a year ago.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:36 am

VMC

Vulcan Materials (VMC) reported Q1 2024 adjusted EPS of $0.80, surpassing the $0.74 estimate, with sales of $1.546B also beating the $1.487B estimate. However, this represents a 15.79% decrease in earnings and a 6.25% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:35 am

DNB

Dun & Bradstreet projects its FY24 revenue to be between $2.4B and $2.44B, compared to the estimated $2.42B. The company also forecasts its adjusted EPS to range from $1.00 to $1.04, against the estimated $1.03.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:34 am