Streetbeat News

Earnings

SHW

Sherwin-Williams shares declined as the company reported Q3 adjusted EPS and sales below analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:21 am

MLI

Mueller Industries reported Q3 2024 earnings with a GAAP EPS of $1.48 and sales of $997.83 million, surpassing analyst estimates of $936 million. This marks a 21.72% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:21 am

PM

Philip Morris shares rose as the company reported Q3 adjusted EPS and sales that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:21 am

DENN

Denny's reported Q3 earnings of $0.14 per share, missing the $0.15 estimate, and sales of $111.76M, missing the $115.46M estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:15 am

MCO

Moody's has increased its FY24 adjusted EPS guidance from a range of $11.00 - $11.40 to $11.90 - $12.10, surpassing the estimated $11.68.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:13 am

GM

LMT

NVDA

US stocks remain cautious ahead of a busy earnings week, with companies like Lockheed Martin and GM in focus. The Nasdaq Composite started positively, while the Dow Jones and S&P 500 opened in the red. GM shares surged after strong earnings, and Lockheed Martin shares rose ahead of its earnings report.

Portfolio Pulse from Rounak Jain

October 22, 2024 | 11:11 am

AOS

A.O. Smith has reduced its 2024 adjusted EPS outlook to $3.70-$3.85 from the previous $3.95-$4.10, citing challenges in consumer demand in China and cautious expectations for North American markets. The company also projects net sales of $3.80B-$3.90B, slightly below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:11 am

FI

Fiserv has raised its organic revenue growth outlook to 16%-17% from the previous 15%-17% and increased its adjusted earnings per share outlook to $8.73-$8.80, compared to the prior view of $8.65-$8.80.

Portfolio Pulse from Nabaparna Bhattacharya

October 22, 2024 | 11:08 am

PM

Philip Morris has revised its FY24 adjusted EPS guidance to a range of $6.45 to $6.51, which is above the previous estimate of $6.41.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:07 am

PM

Philip Morris has announced its FY24 adjusted EPS guidance to be between $6.45 and $6.51, surpassing the previous estimate of $6.17.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:06 am