Streetbeat News

Earnings

PINC

Premier Inc. forecasts FY24 adjusted EPS of $2.06-$2.18, slightly below the $2.16 estimate. Revenue projections are $1.265B-$1.325B, also below the expected $1.331B.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:37 pm

CBT

Cabot (NYSE:CBT) reported Q1 earnings with an EPS of $1.56, beating estimates by 4.7% but with a revenue decrease of $7M from the previous year. The company's past performance shows a consistent pattern of beating EPS estimates. Cabot provided FY 2024 earnings guidance between $6.3 and $6.8 per share.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 9:35 pm

CHX

ChampionX (NASDAQ:CHX) reported its Q4 earnings with an EPS of $0.44, matching estimates, but saw a revenue decrease of $42.30 million from the previous year. The company's past earnings performance shows a mixed track record, with a notable 8.0% share price drop after missing EPS estimates last quarter.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 9:35 pm

FMC

FMC Corporation (NYSE:FMC) reported its Q4 earnings on February 5, 2024, missing estimated earnings by 0.93% with an EPS of $1.07 versus an estimate of $1.08. Revenue decreased by $476 million from the same period last year. This follows a pattern of missing EPS estimates in previous quarters, which has previously led to a significant drop in share price.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 9:35 pm

PINC

Premier Inc. (PINC) reported Q2 2024 adjusted EPS of $0.60, surpassing the $0.57 estimate, but its sales of $334.75M fell short of the $341.50M estimate, marking a 6.92% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:35 pm

CBT

Cabot Corporation (CBT) has maintained its outlook for the 2024 adjusted EPS in the range of $6.30-$6.80, aligning with the estimated $6.59. This announcement indicates a stable financial forecast for the company.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:34 pm

CHX

ChampionX (NASDAQ:CHX) reported Q4 2023 earnings of $0.44 per share, meeting analyst estimates, but missed revenue expectations with $943.55M against a forecast of $948.02M, marking a 4.29% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:33 pm

FMC

FMC Corporation's shares are trading lower due to the company reporting worse-than-expected results for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:32 pm

FMC

FMC Corporation has provided its financial outlook for FY24, projecting adjusted EPS to be in the range of $3.23-$4.41, which is below the estimated $4.38. The company also forecasts revenue to be between $4.50B-$4.70B, slightly below the estimated $4.69B.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:32 pm

CBT

Cabot Corporation (NYSE:CBT) reported Q1 adjusted EPS of $1.56, surpassing the $1.49 estimate, marking a 59.18% increase from last year. Q1 sales reached $958M, slightly above the $952.85M estimate but a 0.73% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 9:31 pm