Streetbeat News

Earnings

MMM

3M Company (NYSE:MMM) is set to report its Q3 earnings, with expectations of $1.90 per share. Despite a 26.6% revenue drop due to a spin-off, 3M has beaten earnings estimates for six consecutive quarters. The new CEO is reversing remote work policies to boost innovation.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 8:21 pm

ESRT

Empire State Realty Trust has raised its FY2024 Core FFO guidance from $0.90-0.94 to $0.92-0.94, aligning closely with the analyst estimate of $0.93.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:21 pm

SSD

Simpson Manufacturing Co (NYSE:SSD) reported Q3 2024 earnings per share of $2.21, missing the analyst estimate of $2.40. Sales were $587.153 million, slightly below the $591.072 million estimate, but up 1.22% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:21 pm

RBB

RBB Bancorp reported Q3 earnings per share of $0.39, surpassing the analyst estimate of $0.38, despite a year-over-year decrease. Sales also exceeded expectations at $30.29 million, though slightly down from last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:20 pm

HXL

Hexel has withdrawn its mid-term guidance for 2024-2026 and plans to issue new guidance for 2025 with its Q4 earnings report in January.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:20 pm

ESRT

Empire State Realty Trust reported Q3 2024 earnings per share of $0.26, beating estimates, but sales of $153.117 million missed expectations. Sales increased by 1.10% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:20 pm

IPAR

Interparfums, Inc. reported record Q3 net sales of $425 million, a 15% increase from the previous year, and reaffirmed its 2024 guidance of $1.45 billion in net sales. The growth was driven by strong performance in both European and US markets, with notable contributions from brands like Jimmy Choo, Montblanc, and GUESS. The company plans to announce its 2025 guidance on November 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:19 pm

SIGI

Selective Insurance Group reported Q3 sales of $1.24 billion, surpassing the analyst estimate of $1.17 billion and marking a 17.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:19 pm

HXL

Hexcel Corporation has provided its 2024 financial guidance, projecting sales between $1.90 billion and $1.98 billion, compared to the estimated $1.924 billion. The adjusted EPS is expected to be between $2.02 and $2.18 per share, against the estimated $2.05.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:18 pm

BOKF

BOK Financial (NASDAQ:BOKF) reported Q3 2024 earnings per share of $2.18, surpassing the analyst estimate of $1.98 by 10.1%. Sales reached $516.311 million, exceeding the $510.580 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:17 pm