Streetbeat News

Earnings

MDT

Medtronic has raised its adjusted EPS guidance for fiscal year 2024 from the previous range of $5.13-$5.19 to a new range of $5.19-$5.21, surpassing the consensus estimate of $5.16.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:50 am

RNW

ReNew Energy Glb (NASDAQ:RNW) reported Q3 earnings, beating estimates with an EPS of $-0.1 against an expected $-0.15, and revenue increased by $38M from the previous year. Despite beating last quarter's EPS estimate, the share price dropped by 1.86% the following day. Historical earnings show fluctuating performance over the past quarters.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:50 am

CAMT

Camtek (NASDAQ:CAMT) reported Q4 earnings, beating estimates with an EPS of $0.57 against the expected $0.53, and revenue increased by $6.51 million year-over-year. Despite beating last quarter's EPS estimate, CAMT's share price dropped by 5.45% the following day. The company has consistently surpassed EPS estimates in the past four quarters.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:50 am

MDT

Medtronic has revised its fiscal year 2024 organic revenue growth guidance upwards from the initial 4.75% to a new range of 4.75%-5%. The company now expects revenue growth on a reported basis to be between 2.9% and 3.3%.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:49 am

CAMT

Camtek anticipates Q1 2024 revenues to be between $93M-$95M, surpassing the estimated $92.02M. This forecast represents a 30% increase from Q1 2023, setting the stage for a record revenue year for Camtek.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:48 am

MDT

Medtronic reported Q3 earnings of $1.30 per share, surpassing the $1.26 estimate, and sales of $8.09B, exceeding the $7.95B estimate. This represents a 4.68% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:47 am

CAMT

Camtek (NASDAQ:CAMT) reported Q4 adjusted EPS of $0.57, surpassing the $0.53 estimate, marking a 14% increase from last year. Sales reached $88.69M, exceeding the $88.03M estimate, up 7.93% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:47 am

RNW

ReNew Energy has increased the lower end of its FY24 adjusted EBITDA guidance from INR 62 billion to INR 63 billion, while maintaining the upper end at INR 66 billion.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:44 am

SPNS

Sapiens Intl Corp (NASDAQ:SPNS) reported Q4 adjusted EPS of $0.36, surpassing the $0.34 estimate, and sales of $130.86M, slightly above the $130.73M estimate. This represents a 12.5% increase in EPS and a 9.54% increase in sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

February 20, 2024 | 11:42 am

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.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:40 am