Streetbeat News

Earnings

BDX

BD (Becton, Dickinson and Company) has announced an increase in its financial guidance for the fiscal year 2024, signaling stronger performance expectations.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:31 am

BDX

Becton, Dickinson (BDX) reported Q1 2024 adjusted EPS of $2.68, surpassing the $2.40 estimate, but its sales of $4.71B fell short of the $4.73B estimate, marking a 2.62% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:30 am

TT

Trane Technologies (NYSE:TT) reported Q4 adjusted EPS of $2.17, surpassing the $2.13 estimate, marking a 19.23% year-over-year increase. However, its sales of $4.42B slightly missed the $4.43B estimate, though still up 8.59% from last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:25 am

BC

Brunswick Corporation projects Q1 2024 net sales to be between $1.3B-$1.4B, significantly lower than the estimated $1.64B. Additionally, the company forecasts its FY24 adjusted diluted EPS to be $1.30-$1.40, well below the estimated $2.22.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:24 am

SHEL

Shell PLC (NYSE:SHEL) shares rose in premarket trading after reporting Q4 FY23 results. Despite missing revenue expectations with $78.73 billion against a consensus of $84.71 billion, adjusted earnings per ADS were $2.22, surpassing the consensus of $0.97. Net income significantly dropped to $474 million from $10.41 billion a year ago. The company announced a new $3.5 billion share buyback program and raised its quarterly dividend by 4% to $0.344. FY24 capital expenditure is projected between $22 billion and $25 billion.

Portfolio Pulse from Lekha Gupta

February 01, 2024 | 11:24 am

DGHI

Digihost Technology Inc. (DGHI) reported a significant 65% year-over-year increase in the daily amount of Bitcoin mined, totaling 107 Bitcoin in January 2024. This marks a substantial growth in the company's mining operations.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:24 am

BC

Brunswick Corporation projects its FY24 net sales to be between $6B-$6.2B, which is below the estimated $6.34B. Additionally, the company forecasts its FY24 adjusted diluted EPS to be in the range of $7-$8, also lower than the expected $8.67.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:22 am

BC

Brunswick (NYSE:BC) reported Q4 adjusted EPS of $1.45, missing the $1.65 estimate, and sales of $1.36B, below the $1.44B estimate. This represents a decrease in earnings by 27.14% and in sales by 13.96% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:18 am

RACE

Ferrari projects its adjusted earnings per share (EPS) to be equal to or greater than €7.50 by 2024, with net revenues expected to exceed €6.4 billion.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:17 am

LPG

Dorian LPG reported a significant increase in its Time Charter Equivalent (TCE) rate per operating day for Q3 FY24, rising by 44.7% year-over-year to $76,337. However, vessel operating expenses also increased slightly to $9,936 per day from $9,739 in Q3 FY23.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:17 am