Streetbeat News

Earnings

AAL

American Airlines shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:21 am

LYTS

LSI Industries (NASDAQ:LYTS) reported Q3 2024 adjusted EPS of $0.21, surpassing the $0.15 estimate, with sales of $108.186M exceeding the $105.571M forecast. This represents a 10.53% increase in EPS and a 7.90% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:21 am

SPGI

S&P Global has projected its adjusted earnings per share (EPS) for fiscal year 2024 to be in the range of $13.85 to $14.10, slightly below the analyst estimate of $14.11.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:20 am

XPRO

Expro Group anticipates a 20% year-on-year increase in Q2 revenue and an 8% sequential growth, with Adjusted EBITDA Margin expected to be between 20% to 21%, marking a 200 to 300 basis points increase both year-on-year and sequentially.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:19 am

SPGI

S&P Global has updated its fiscal year 2024 revenue growth forecast, increasing it from the previously estimated range of 5.5% - 7.5% to a new range of 6.0% - 8.0%.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:18 am

XPRO

Expro Group has reaffirmed its 2024 guidance, projecting revenues of $1.6B-$1.7B and adjusted EBITDA of $325M-$375M, aligning with estimates around $1.652B in revenue.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:18 am

GM

General Motors (NYSE:GM) announced plans to relaunch its autonomous driving unit, Cruise, after a temporary halt due to a robotaxi accident. The company is focusing on building regulator and customer trust, enhancing safety, and expects $1.7 billion in expenses for Cruise this year. Operations have resumed in Phoenix with manual driving to collect road data, aiming for a gradual return to driverless operations. GM is exploring funding options for Cruise, including external investments.

Portfolio Pulse from Anan Ashraf

April 25, 2024 | 11:17 am

LUV

Southwest Airlines reported worse-than-expected Q1 financial results, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:17 am

LH

Labcorp has updated its 2024 adjusted EPS guidance to $14.45-$15.35, a slight adjustment from its previous forecast of $14.30-$15.40, positioning it around the consensus estimate of $14.82.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:17 am

FFWM

First Foundation (NYSE:FFWM) reported Q1 2024 adjusted EPS of $0.02, beating the $0.01 estimate, but missed sales estimates with $51.069M against the expected $56.690M. This represents a significant decrease in both earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 11:17 am