Streetbeat News

Earnings

NWG

NatWest Group (NYSE:NWG) reported a decrease in Q1 2024 earnings to $0.26 per share, down 16.13% from $0.31 YoY. Sales also fell to $4.407B, a 6.39% decrease from $4.708B YoY.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:37 am

B

Barnes has increased its FY24 adjusted EPS forecast to $1.62-$1.82, up from the previous range of $1.55-$1.80, surpassing the estimated $1.70.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:36 am

CVEO

Civeo maintains its FY24 revenue guidance range of $625M-$700M, with an estimated $653.562M. The company also reaffirms its Adjusted EBITDA guidance of $80M-$90M and capital expenditure guidance of $30M-$35M for the full year of 2024.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:34 am

B

Barnes has updated its FY24 guidance, increasing its expected sales growth to 13%-16% from the previously forecasted 12%-16%. Additionally, the company has raised its organic sales growth expectations to 5%-8%, up from 4%-8% previously.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:33 am

LYB

LyondellBasell Industries (NYSE:LYB) reported Q1 2024 adjusted EPS of $1.53, surpassing the $1.37 estimate, with sales of $9.925B also beating the $9.730B estimate. However, this represents a 38.8% decrease in earnings and a 3.14% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:33 am

CVEO

Civeo reported Q1 2024 GAAP EPS of $(0.35), missing the $(0.20) estimate, but its sales of $166.120M exceeded the $154.726M forecast. This represents a slight decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:32 am

XOM

Exxon Mobil's stock price declined due to a miss in Q1 earnings expectations.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:32 am

XOM

Exxon Mobil reported Q1 2024 adjusted EPS of $2.06, missing the $2.20 estimate, but total revenues of $83.083B exceeded the $78.352B forecast. This represents a 4.02% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:31 am

B

Barnes Group Inc. (B) reported Q1 2024 adjusted EPS of $0.38, surpassing the $0.36 estimate, with sales of $430.638M exceeding the $427.891M forecast. This represents a 28.41% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 10:31 am

ACMR

BYD

DXCM

HTZ

INTC

ROKU

TDOC

TEAM

Intel Corporation reported weaker-than-expected Q1 sales and issued lower EPS guidance, leading to a 7.2% drop in pre-market trading. Other companies like Boyd Gaming, Hertz Global Holdings, DexCom, Atlassian, ACM Research, Teladoc Health, and Roku also saw pre-market losses following disappointing financial results or corporate announcements.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 10:26 am