Streetbeat News

Earnings

THS

Treehouse Foods has projected an impact on its FY24 net sales and adjusted EBITDA of approximately $60M and $20M, respectively, due to efforts to restart one of its broth facilities.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:19 pm

THS

Treehouse Foods projects its FY24 revenues to range from $3.43B to $3.50B, falling short of the $3.56B estimate. For Q1, it anticipates net sales between $780M and $810M, below the expected $887.38M.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:17 pm

DTM

DT Midstream has updated its financial outlook, increasing its 2024 Adjusted EBITDA guidance to $930M-$980M and providing an early outlook for 2025 with an Adjusted EBITDA range of $980M-$1.04B, indicating a 6% annual growth from 2024. The company also forecasts 2024 Adjusted EPS to be between $3.43 and $3.83, compared to the estimated $3.85.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:15 pm

VMC

Vulcan Materials (NYSE:VMC) reported Q4 adjusted EPS of $1.46, surpassing the $1.39 estimate, marking a 35.19% year-over-year increase. Sales reached $1.83B, slightly above the $1.83B estimate, representing a 5.89% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:12 pm

NHC

National Healthcare reported a significant increase in Q4 adjusted EPS to $1.03 from $0.72 YoY, with sales rising to $300.91M from $264.55M YoY.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:09 pm

QDEL

QuidelOrtho has revised its 2024 financial guidance, widening the range for adjusted EPS to $1.88-$3.60 from the previously announced $2.40-$3.07. This adjustment is made to align with the adjusted EBITDA guidance, while the midpoint of the adjusted EPS range remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:09 pm

DTM

DT Midstream reported Q4 adjusted earnings of $1.24 per share, surpassing the analyst consensus estimate of $0.92 by 34.78%. This represents a 33.33% increase over the same period last year's earnings of $0.93 per share.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:05 pm

THS

Treehouse Foods (NYSE:THS) reported Q4 adjusted EPS of $0.77, surpassing the $0.73 estimate, but its sales of $910.80M fell short of the expected $925.44M. This reflects a 21.43% decrease in earnings and an 8.57% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:03 pm

BCPC

Balchem Corporation (NASDAQ:BCPC) reported Q4 adjusted EPS of $0.95, surpassing the $0.93 estimate, marking a 1.06% year-over-year increase. However, their Q4 sales of $228.70M fell short of the $234.66M estimate, a 1.65% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 12:02 pm

FND

Floor & Decor Holdings (NYSE:FND) received mixed ratings from 7 analysts, with an average 12-month price target of $100.71, indicating a 20.37% increase from the previous target. The company shows strong revenue growth and net margin but lags in ROE. Its debt management and ROA are above industry averages.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 12:00 pm