Streetbeat News

Earnings

SCHW

TD

TD Bank Group anticipates a C$194M boost from Schwab's Q1 earnings in its Q2 2024 financials, forecasting C$229M in adjusted income from the investment. TD Bank will announce Q2 results and host an earnings call on May 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:42 am

PNC

PNC Financial Services Group reported Q1 adjusted EPS of $3.36, surpassing the $3.02 estimate, but its sales of $5.14B fell short of the $5.188B forecast. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:38 am

BK

Bank of New York Mellon (NYSE:BK) reported Q1 2024 adjusted EPS of $1.29, surpassing the $1.19 estimate, with quarterly sales of $4.527 billion also beating the $4.388 billion estimate, marking a 3.74% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:34 am

BK

Bank of New York Mellon (NYSE:BK) reported Q1 2024 earnings of $1.25 per share, surpassing the $1.19 estimate, with sales of $4.527B also beating the $4.388B estimate, marking a 3.74% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:34 am

JNJ

Johnson & Johnson has updated its fiscal year 2024 operational sales forecast to $88.7B-$89.1B, an increase from its previous guidance of $88.2B–$89.0B, surpassing the consensus estimate of $88.43B.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:28 am

JNJ

Johnson & Johnson has updated its 2024 adjusted EPS forecast to $10.57–$10.72, aligning closely with the consensus estimate of $10.66 and slightly adjusting its prior guidance of $10.55–$10.75. The company also provided an adjusted operational EPS range of $10.60–$10.75.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:26 am

UNH

UnitedHealth shares are trading higher after the company reported better-than-expected earnings for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:23 am

JNJ

Johnson & Johnson (JNJ) reported Q1 2024 adjusted EPS of $2.71, surpassing the $2.64 estimate, marking a 12.45% year-over-year increase. However, their sales of $21.383B slightly missed the $21.398B estimate, though still representing a 2.34% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:22 am

UNH

UnitedHealth has reaffirmed its full-year 2024 adjusted EPS forecast to be in the range of $27.50-$28.00, aligning closely with the consensus estimate of $27.53. This outlook excludes direct response costs and the impact of the Brazil sale but includes an estimated $0.30 to $0.40 per share impact from business disruptions related to Change Healthcare services.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:06 am

UNH

UnitedHealth has revised its full-year 2024 GAAP net earnings forecast to $17.60-$18.20 per share, accounting for the sale of its Brazil operations and the estimated direct costs associated with a recent cyberattack.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 10:05 am