Streetbeat News

Earnings

MDLZ

Mondelez International reported Q1 2024 adjusted EPS of $0.95, surpassing the $0.89 estimate, with sales of $9.29B exceeding the $9.16B forecast. This represents a 1.35% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:07 pm

PINS

Pinterest reported Q1 2024 earnings with a GAAP EPS of $(0.04), surpassing the $(0.09) estimate. Sales reached $740M, exceeding the $699.872M forecast and marking a 22.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:07 pm

MMSI

Merit Medical Systems (MMSI) reported Q1 2024 adjusted EPS of $0.77, surpassing the $0.71 estimate, with sales of $323.5M also beating the $315.509M estimate, marking an 8.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:07 pm

SYK

Stryker (NYSE:SYK) reported Q1 2024 adjusted earnings of $2.50 per share, surpassing the consensus estimate of $2.35. Quarterly sales reached $5.243 billion, exceeding estimates of $5.103 billion and marking a 9.73% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:06 pm

PSA

Public Storage (NYSE:PSA) reported Q1 FFO of $4.03 per share, missing the consensus estimate of $4.09, and sales of $1.09B, below the expected $1.15B. This represents a slight decrease in earnings and a moderate increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:06 pm

EIX

Edison Intl (NYSE:EIX) reported Q1 2024 earnings of $1.13 per share, missing the consensus estimate of $1.15. Quarterly sales were $4.078B, also missing the estimate of $4.155B, but marking a 2.82% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:06 pm

FBIN

Fortune Brands (NYSE:FBIN) reported Q1 2024 adjusted EPS of $0.76, surpassing the $0.74 estimate, with sales of $1.10B exceeding the $1.08B estimate, marking a 5.77% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:06 pm

SBUX

Starbucks reported Q2 2024 earnings with an adjusted EPS of $0.68, missing the $0.79 estimate, and sales of $8.600B, below the $9.129B estimate. This represents a 1.37% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:06 pm

MATX

Matson (NYSE:MATX) reported Q1 earnings of $1.04 per share, meeting analyst estimates and marking a 10.64% increase from last year. However, their quarterly sales of $722.10M fell short of the expected $730.44M, a slight miss by 1.14% but still a 2.45% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:05 pm

FANG

Diamondback Energy projects its Q2 2024 capital expenditures to be between $580M and $620M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:05 pm