Streetbeat News

Earnings

STGW

Stagwell has reiterated its financial guidance for FY24, projecting organic net revenue growth of 5%-7% YoY and adjusted EPS of $0.75-$0.88, compared to the $0.78 estimate. The company also expects adjusted EBITDA of $400 million to $450 million and free cash flow conversion of approximately 50%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:40 am

APG

APi Group has announced its Q3 and FY24 revenue guidance. The company expects Q3 revenue to be between $1.86B and $1.91B, slightly below the $1.93B estimate. For FY24, revenue is projected to be between $7.15B and $7.35B, close to the $7.23B estimate. The company also reaffirmed its full-year net revenue guidance and narrowed its adjusted EBITDA range.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:39 am

SO

Southern Company has reaffirmed its FY24 adjusted EPS guidance of $3.95-$4.05, which is in line with the market estimate of $4.02.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:39 am

ATUS

Altice USA shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:38 am

JHG

Janus Henderson Group (NYSE:JHG) reported Q2 2024 adjusted EPS of $0.85, beating the estimate of $0.73. Sales were $588.4M, surpassing the $568.79M estimate and showing a 13.92% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:38 am

IDA

IDACORP has raised the lower-end of its FY24 earnings guidance to a range of $5.30-$5.45 per share, citing additional tax credits from Idaho Power's 2023 battery storage projects and regulatory mechanisms.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:38 am

IONS

Ionis Pharmaceuticals reported Q2 2024 adjusted EPS of $(0.24), beating the estimate of $(0.92). Sales were $225 million, surpassing the $150.073 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:37 am

ATEC

Alphatec Holdings shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:37 am

CCRD

CoreCard reported Q2 2024 adjusted EPS of $0.15, surpassing the estimated $0.07.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:36 am

BDC

Belden Inc. (BDC) has announced its Q3 adjusted EPS expectations to be between $1.55 and $1.65, significantly higher than the consensus of $1.37. Additionally, the company expects revenue to be between $635 million and $650 million, surpassing the consensus estimate of $574.32 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:36 am