Streetbeat News

Earnings

RNW

ReNew Energy Global (RNW) reported an increase in its Q3 adjusted EBITDA to $150 million from $140 million in the prior year, indicating financial growth.

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February 20, 2024 | 11:40 am

ETRN

Equitrans Midstream (NYSE:ETRN) reported Q4 earnings, beating estimates with an EPS of $0.32 against the expected $0.2, a 60% beat. Revenue increased by $5.37 million from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 1.69% the following day. Historical performance shows fluctuating EPS and revenue figures.

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February 20, 2024 | 11:40 am

CNP

CenterPoint Energy reaffirmed its 2024 adjusted EPS guidance of $1.61-$1.63, indicating an 8% growth over its full-year 2023 non-GAAP EPS. The company also maintains its non-GAAP EPS growth target of 8% for 2024 and 6%-8% annually through 2030.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:39 am

RNW

ReNew Energy Global (RNW) reported Q3 sales of $192.00 million, surpassing the analyst consensus estimate of $175.58 million by 9.35%. However, this represents a 1.03% decrease from the $194.00 million sales reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:38 am

CNP

CenterPoint Energy (NYSE:CNP) reported its Q4 adjusted earnings per share (EPS) at $0.32, meeting the analyst consensus estimate. This represents a 14.29% increase from the $0.28 EPS reported in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:37 am

GIS

General Mills is focusing on its Accelerate strategy to drive long-term growth and shareholder returns, investing in brand building for its iconic brands. The company has reaffirmed its fiscal 2024 financial targets, expecting organic net sales to be down 1 percent to flat, and adjusted operating profit and EPS to increase by 4 to 5 percent in constant currency.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:35 am

NPO

Enpro (NYSE:NPO) reported Q4 earnings with an EPS of $1.19, missing estimates by 17.36% and a revenue decrease of $22.80 million from the previous year. Despite past earnings misses, the company's share price increased by 4.99% the day after last quarter's earnings were announced.

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February 20, 2024 | 11:35 am

OMI

Owens & Minor (NYSE:OMI) reported Q4 earnings, beating estimates with an EPS of $0.69 against the expected $0.66. Revenue increased by $105.15 million year-over-year. Following a previous earnings beat, the share price surged by 27.08% the next day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:35 am

WLKP

Westlake Chemical (NYSE:WLKP) reported Q4 earnings with an EPS of $0.41, missing estimates by 8.89% and a revenue decrease of $69.57 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, leading to a 3.25% share price drop after last quarter's earnings announcement.

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February 20, 2024 | 11:35 am

CHH

Choice Hotels Intl (NYSE:CHH) reported Q4 earnings with an EPS of $1.44, beating estimates by 6.67% but with a revenue decrease of $3.59 million from the previous year. The company had previously missed EPS estimates last quarter, leading to a 3.58% share price drop the following day.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:35 am