Streetbeat News

Earnings

BC

Brunswick Corporation (BC) anticipates a high-single-digit percent decrease in net sales for Q4 year-over-year. The company also expects an adjusted EPS of $1.65, lower than the consensus estimate of $2.00.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:16 am

LKQ

LKQ Corp has revised its FY23 outlook, expecting a lower organic revenue growth for parts and services of 4.75%-5.75%, down from the previous 6.0%-7.5%. The adjusted EPS is also expected to be lower at $3.68-$3.82, compared to the prior estimate of $3.90-$4.10. However, the company expects a slight increase in operating cash flow and free cash flow.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:15 am

BC

Brunswick Corporation has revised its FY23 net sales outlook downwards to $6.45B-$6.5B from the previous $6.7B-$6.8B, which is below the consensus estimate of $6.65B. The company also lowered its adjusted EPS forecast to $9.00 from $9.50, against the consensus estimate of $9.30.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:14 am

EXLS

EXL has projected its FY23 adjusted EPS to be between $1.40 and $1.42, which is in line with the estimated $1.4.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:12 am

BC

Brunswick (NYSE:BC) reported Q3 adjusted earnings of $2.42 per share, beating the analyst consensus estimate of $2.36 by 2.54 percent. However, this is a 9.36 percent decrease from the same period last year. The company's quarterly sales of $1.59 billion missed the analyst consensus estimate of $1.66 billion by 3.98 percent, marking a 6.12 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:12 am

EXLS

EXL has projected its FY23 revenue to be between $1.620B and $1.628B, which is in line with the estimated $1.62B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:11 am

CX

Cemex reported Q3 earnings of $0.09 per share, missing the analyst consensus estimate of $0.23 by 60.87 percent, a 50 percent decrease YoY. However, the company reported quarterly sales of $4.57 billion, beating the analyst consensus estimate of $4.49 billion by 1.80 percent, a 15.55 percent increase YoY.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:11 am

TPH

Tri Pointe Homes (TPH) reported Q3 net new home orders of 1,513, marking a 122% increase year-over-year. The company's active selling communities also increased by 23%.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:11 am

ALGN

ANET

DKNG

GGR

LAAC

MAT

META

MXL

PSTG

TSLA

Several US stocks traded lower in Thursday's pre-market session. Align Technology, MaxLinear, Mattel, Pure Storage, Gogoro, Arista Networks, DraftKings, Lithium Americas, Meta Platforms, and Tesla all recorded losses. This was largely due to worse-than-expected Q3 results and downgraded ratings.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 10:10 am

LIN

Linde has projected its Q4 adjusted EPS to be between $3.38 and $3.48.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:10 am