Streetbeat News

Earnings

WEX

WEX has increased its FY24 revenue outlook from $2.70B-$2.74B to $2.73B-$2.77B, surpassing the estimated $2.735B. Additionally, the adjusted EPS forecast has been raised from $15.90-$16.40 to $16.10-$16.60, aligning with the estimated $16.25.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:37 am

TRU

Transunion projects its Q2 adjusted EPS to be between $0.95 and $0.98, surpassing the estimated $0.90. Revenue is expected to be between $1.017 billion and $1.026 billion, also exceeding the $1.01 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:37 am

CMS

CMS Energy has reaffirmed its FY24 adjusted EPS guidance in the range of $3.29-$3.35, aligning with the estimated $3.33. The company also maintains its long-term adjusted EPS growth forecast of 6%-8%, expressing continued confidence in achieving the higher end of this range.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:37 am

CBZ

CBIZ (NYSE:CBZ) reported Q1 adjusted earnings of $1.54 per share, surpassing the $1.50 estimate, and sales of $494.30M, exceeding the $490.88M estimate. This represents a 5.48% increase in earnings and an 8.73% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:36 am

CARR

Carrier updated its financial outlook, projecting a 2024 adjusted operating margin of approximately 15.5%. The company has lowered its sales guidance from around $26.5 billion to about $26 billion, compared to the estimated $26.22 billion. However, Carrier reaffirmed its adjusted EPS guidance for the year, maintaining it at $2.80-$2.90, in line with the $2.84 estimate.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:36 am

AMAL

Amalgamated Financial (NASDAQ:AMAL) reported Q1 2024 adjusted EPS of $0.83, surpassing the $0.74 estimate, with sales of $78.266M also beating the $75.891M forecast. This represents a 12.16% increase in EPS and a 7.97% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:35 am

GRC

Gorman-Rupp reported Q1 adjusted earnings of $0.30 per share, missing the $0.34 estimate, and sales of $159.27M, below the $168.24M estimate. This represents an 11.11% increase in earnings but a 0.75% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:35 am

MTLS

Materialise (NASDAQ:MTLS) reported Q1 2024 earnings of $0.07 per share, with sales of $68.798M surpassing the $62.700M estimate, a 9.73% beat. However, this represents a 3.98% decrease from the previous year's sales of $71.651M.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:35 am

WEX

WEX Inc. forecasts its Q2 revenue to be between $675M-$685M, slightly below the estimated $678.959M by analysts. The company also projects its adjusted EPS to be in the range of $3.75-$3.85, which is below the estimated $3.98 by analysts.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:35 am

PDS

Precision Drilling (NYSE:PDS) reported Q1 2024 earnings of $1.88 per share, missing the $2.63 estimate, with sales of $391.580M also missing the $530.500M estimate, marking a 5.23% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:34 am