Streetbeat News

Earnings

NUE

Nucor (NYSE:NUE) reported Q3 2024 earnings per share of $1.49, surpassing the analyst estimate of $1.47. The company's sales were $7.44 billion, exceeding the expected $7.28 billion, despite a 15.22% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:31 pm

ELS

Equity Lifestyle Properties has provided guidance for its fiscal year 2024 adjusted EPS to be between $1.89 and $1.95, which is below the estimated $1.96. Additionally, the company expects its Q4 adjusted EPS to range from $0.44 to $0.50.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:31 pm

MEDP

Medspace has revised its FY24 revenue guidance to $2.090B-$2.130B, which is below the previous estimate of $2.138B. However, the company expects its GAAP EPS to be between $11.71 and $12.09, surpassing the earlier estimate of $11.56.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:27 pm

MEDP

Medpace Holdings shares declined following the release of disappointing Q3 sales results.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:27 pm

SIGI

Selective Insurance Group (NASDAQ:SIGI) has revised its GAAP combined ratio guidance for 2024 to 102.5%, up from the previous 101.5%. This indicates a potential increase in costs relative to premiums earned.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:27 pm

SAP

SAP shares rose following the release of Q3 adjusted EPS results that exceeded expectations, along with the issuance of FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:26 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q3 earnings of $0.61 per share, surpassing the $0.57 estimate, and sales of $47.49M, exceeding the $47.20M estimate. Both earnings and sales showed slight increases from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:24 pm

ELS

Equity Lifestyle Properties (NYSE:ELS) reported Q3 2024 adjusted earnings per share of $0.44, which met analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:23 pm

SSD

Simpson Manufacturing Co. updates its 2024 financial outlook, anticipating a decrease in U.S. housing starts, with an operating margin of 19.0%-19.5% and an effective tax rate of 25.3%-25.8%. Capital expenditures are projected at $175-$185 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:23 pm

KREF

KKR Real Estate Finance (NYSE:KREF) reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.34. However, sales were $37.005 million, missing the $37.867 million estimate and marking a 17.05% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:22 pm