Streetbeat News

Earnings

ACHC

Acadia Healthcare has provided its financial outlook for FY24, projecting adjusted EPS in the range of $3.40 to $3.70, compared to the estimated $3.54. The company also forecasts revenue to be between $3.18 billion and $3.25 billion, aligning closely with the estimated $3.22 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:45 pm

MCW

Mister Car Wash has reaffirmed its fiscal year 2024 outlook, projecting net revenues between $988 million and $1.016 billion, with an estimated consensus of $1.002 billion. The company also expects its adjusted EPS to range from $0.30 to $0.34, aligning with the consensus estimate of $0.32.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:45 pm

UGI

UGI Corporation reported Q2 2024 adjusted EPS of $1.97, surpassing the $1.64 estimate, marking a 20.12% beat and a 17.26% increase from the previous year. However, their sales of $2.467B fell short of the $3.067B estimate, a 19.56% miss and a 20.57% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:45 pm

MAA

MAA has updated its FY24 Core FFO guidance from $8.68-$9.08 to $8.70-$9.06, maintaining the midpoint at $8.88. The company also provided Q2 2024 Core FFO guidance at $2.11-$2.27 per diluted share, with a midpoint of $2.19. This adjustment reflects changes in same store revenues, expenses, and non-same store NOI. MAA's same store portfolio metrics remain unchanged, with property revenue growth at 0.15%-1.65% and NOI growth at -2.80% to 0.20%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:45 pm

BALY

Ballys reported Q1 2024 GAAP EPS of $(3.61), missing the $(1.18) estimate, with sales of $618.482M also missing the $626.783M estimate. This represents a 3.30% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:44 pm

RYN

Rayonier's President and CEO, Mark McHugh, announced that the company is on track to meet its previously stated adjusted EBITDA guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:44 pm

VGR

Vector Group (NYSE:VGR) reported Q1 2024 adjusted EPS of $0.24, missing the $0.25 estimate, and sales of $324.567M, below the $333.300M estimate. This represents a 9.09% increase in EPS and a 2.87% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:44 pm

CTSH

Cognizant Technology Solutions' shares surged following the announcement of their Q1 financial results, which exceeded expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:43 pm

FRSH

Freshworks has revised its FY24 revenue forecast downwards from $703.5M-$711.5M to $695M-$705M, below the estimated $708.351M, but raised its adjusted EPS forecast from $0.29-$0.31 to $0.32-$0.35, above the estimated $0.30.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:43 pm

CVNA

Carvana reported Q1 2024 earnings of $0.23 per share, surpassing the $(0.71) estimate, with sales of $3.061B also beating the $2.673B estimate. This marks a significant improvement over the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:42 pm