Streetbeat News

Earnings

UPS

UPS has reaffirmed its full-year 2024 financial guidance, projecting consolidated revenue between $92B-$94.5B, closely aligning with the estimated $93.03B. The company also expects an adjusted operating margin of 10.0% to 10.6% and plans for capital expenditures of approximately $4.5 billion.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:03 am

SPOT

Spotify Technology reported its Q1 2024 GAAP earnings per share (EPS) at €0.97, surpassing the estimated €0.68. This indicates a strong financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:03 am

SPOT

Spotify Technology reported Q1 sales of €3.636 billion, surpassing the estimated €3.607 billion.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:02 am

DHR

Danaher reported Q1 2024 adjusted EPS of $1.92, surpassing the $1.71 estimate, and sales of $5.796B, exceeding the $5.622B forecast. Despite beating estimates, this reflects a decrease from the previous year's earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:02 am

LKQ

LKQ Corporation reported Q1 adjusted earnings of $0.82 per share, missing the consensus estimate of $0.95, and sales of $3.70 billion, missing the estimate of $3.77 billion. This represents a decrease in earnings and an increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:02 am

UPS

United Parcel Service (UPS) reported Q1 2024 adjusted earnings of $1.43 per share, surpassing the $1.30 estimate, but saw a 35% decrease from the previous year's $2.20. Sales reached $21.700 billion, missing the $21.865 billion estimate and marking a 5.34% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:01 am

PEP

PepsiCo reported Q1 2024 adjusted EPS of $1.61, surpassing the $1.52 estimate, and sales of $18.250B, exceeding the $18.079B estimate. This represents a 7.33% increase in earnings and a 2.26% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:01 am

V

Visa Inc. is anticipated to report higher earnings for Q2, with expectations of $2.44 per share, up from $2.09, and revenue of $8.62 billion. The company recently expanded its Visa Protect suite with AI solutions for fraud prevention. Analysts have updated their ratings, with price targets now ranging from $280 to $325.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 9:47 am

NJDCY

Nidec reported its Q4 earnings per share (EPS) improved to ¥(35.66) from ¥(102.89) year-over-year (YoY), with sales increasing to ¥593.51 billion from ¥543.08 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:17 am

SSL

Sasol reported increases in its nine-month performance up to March 31, 2024, with mining productivity up by 4% YoY, gas production increasing by 8% YoY, SO production volumes rising by 3% YoY, and total chemicals sales volumes growing by 4% YoY.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 7:30 am