Streetbeat News

Earnings

SJW

SJW Group has reaffirmed its non-linear long-term EPS growth of 5%-7%, anchored off of 2022 EPS of $2.43.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:11 am

SJW

SJW Group has raised its FY23 EPS guidance to $2.65-$2.70, up from the previous guidance of $2.40-$2.50. This is also higher than the consensus estimate of $2.47.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:10 am

RVTY

Revvity has revised its FY23 adjusted EPS guidance to $4.53-$4.57, down from the previous guidance of $4.70-$4.90. This is also below the consensus estimate of $4.79.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:09 am

RVTY

Revvity has lowered its FY23 revenue guidance to $2.72B-$2.74B, down from the previous guidance of $2.80B-$2.85B. This is also below the consensus estimate of $2.83B.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:07 am

SJW

SJW Group (NYSE:SJW) reported Q3 earnings of $1.13 per share, beating the analyst consensus estimate of $0.96 by 17.71%. This is a 37.8% increase from the same period last year. The company also reported quarterly sales of $204.84 million, beating the analyst consensus estimate of $187.50 million by 9.25%, a 16.40% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:07 am

CNA

CNA Financial reported Q3 adjusted earnings of $1.06 per share, beating the analyst consensus estimate of $0.99 by 7.07%. The company also reported quarterly sales of $3.34 billion, surpassing the analyst consensus estimate of $2.42 billion by 37.85%. This represents a 12.82% increase over sales of $2.96 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:07 am

RVTY

Revvity (NYSE:RVTY) reported Q3 earnings of $1.18 per share, missing the analyst consensus estimate of $1.19 by 0.84 percent. This is a 2.48 percent decrease from the same period last year. The company also reported quarterly sales of $670.74 million, missing the analyst consensus estimate of $695.50 million by 3.56 percent, a 5.77 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:05 am

XPO

XPO Logistics reported Q3 adjusted earnings of $0.88 per share, beating the analyst consensus estimate of $0.63 by 39.68%. However, this is a 39.31% decrease from the same period last year. The company also reported quarterly sales of $1.98 billion, beating the estimate of $1.93 billion by 2.59%, but this is a 34.91% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:04 am

BTCUSD

HTZ

The Department of Defense plans to develop a new variant of the B61 gravity bomb, signaling a resurgence in US nuclear weapons production. Hertz Global Holdings Inc reported that costs associated with Tesla EVs have negatively impacted the company’s EBITDA. Bitcoin surged over 14% and hit fresh yearly highs at $35,000, despite the Nasdaq’s slump. The U.S. and China are working towards a high-level meeting between President Joe Biden and Chinese leader Xi Jinping. Gold closed the week at $2,016.30 an ounce, up 0.89% from the previous session.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 10:03 am

L

Loews Corporation (NYSE:L) reported Q3 earnings of $1.12 per share, a significant increase from losses of $(0.09) per share YoY. The company's sales also increased by 13.44% to $3.93 billion from $3.46 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 10:02 am