Streetbeat News

Earnings

GE

GE Aerospace projects high single-digit growth in adjusted revenue for 2024, with adjusted EPS expected between $4.20 and $4.35, and operating profit ranging from $6.7 billion to $6.9 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:26 am

GE

General Electric's aviation segment reported a Q3 GAAP revenue of $9.842 billion, indicating strong performance in this sector.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:25 am

GE

GE Aero reported its Q3 2024 adjusted EPS at $1.15, surpassing the estimate of $1.14. The adjusted revenue was $8.9 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:22 am

PII

Polaris has revised its 2024 adjusted EPS forecast, expecting a decline of approximately 65% year-over-year, compared to the previous outlook of a 56% to 62% decrease.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:07 am

BANC

Banc of California reported Q3 2024 sales of $232.175 million, surpassing the analyst estimate of $227.499 million and marking a 235.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:05 am

PEBO

Peoples Bancorp (NASDAQ:PEBO) reported Q3 2024 earnings of $0.89 per share, surpassing the $0.82 estimate, and sales of $114.893M, exceeding the $111.681M estimate. Despite beating estimates, both earnings and sales showed a slight decline compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:05 am

BANC

Banc of California reported Q3 2024 adjusted earnings per share of $0.25, significantly surpassing the analyst consensus estimate of $0.10 by 150%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:03 am

PII

Polaris reported Q3 2024 earnings per share of $0.73, missing the analyst estimate of $0.88, and sales of $1.72 billion, missing the $1.77 billion estimate. Both figures represent significant declines from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:03 am

DHR

Danaher Corporation reported its Q3 2024 financial results, with adjusted EPS of $1.71 surpassing the estimated $1.57, and sales of $5.798 billion exceeding the expected $5.587 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:02 am

LMT

Lockheed Martin's shares rose 1.04% in pre-market trading as the company is set to release its Q3 financial results. Analysts expect continued outperformance with earnings of $6.50 per share and $17.351 billion in revenue. The company is also in focus for its acquisition of Terran Orbital Corp, $5.1 billion in secured contracts, and potential benefits from relaxed U.S. export restrictions.

Portfolio Pulse from Pooja Rajkumari

October 22, 2024 | 9:37 am