Streetbeat News

Earnings

CMG

Chipotle Mexican Grill Inc (NYSE:CMG) reported Q3 revenue of $2.5 billion, beating the consensus estimate of $2.47 billion. Earnings per share were $11.36, surpassing analyst estimates of $10.55. Comparable restaurant sales increased by 5% YoY, largely due to higher transactions. Digital sales accounted for 36.6% of food and beverage revenue. The company opened 62 new restaurants in the quarter, 54 of which included a Chipotlane. Chipotle expects full-year 2023 comparable restaurant sales growth in the mid to high-single-digit range and plans to open 255 to 285 new locations in 2023 and 285 to 315 in 2024.

Portfolio Pulse from Adam Eckert

October 26, 2023 | 8:26 pm

RSG

Republic Services has updated its FY23 adjusted EPS guidance to $5.46-$5.49, which is higher than the previous estimate of $5.35.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:26 pm

TEX

Terex Corporation has increased its FY23 earnings per share (EPS) forecast from approximately $7.00 to $7.05.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:26 pm

FHI

Federated Hermes (NYSE:FHI) reported Q3 earnings of $0.86 per share, a 10.26% increase from the same period last year. The company's quarterly sales were $402.66 million, beating the analyst consensus estimate of $400.43 million by 0.56% and marking a 5.64% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:26 pm

DRQ

Dril-Quip (NYSE:DRQ) reported Q3 losses of $0.15 per share, missing the analyst consensus estimate of $0.10 by 250%. This is a 400% decrease from the same period last year. However, the company reported quarterly sales of $117.24 million, beating the analyst consensus estimate of $111.73 million by 4.94%. This is a 33.02% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

October 26, 2023 | 8:25 pm

FIX

Comfort Systems USA reported Q3 earnings with diluted EPS excluding tax gains of $2.74, beating the estimate of $2.15. The company also reported revenue of $1.378B, surpassing the estimate of $1.298B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:25 pm

RSG

Republic Services has raised its guidance, indicating a positive outlook for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:25 pm

UDR

UDR has updated its Q4 2023 and full-year 2023 guidance. The company expects Q4 AFFO per share to be between $0.56 and $0.58. The full-year 2023 AFFO per share guidance has been revised from $2.24-$2.28 to $2.23-$2.25. Other key metrics such as Net Income per share, FFO per share, FFOA per share, and same-store growth have also been updated.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 8:24 pm

AJG

Arthur J Gallagher reported Q3 2023 adjusted EPS of $2.15, beating the estimate of $1.95. The company's revenue of $2.4B also surpassed the estimate of $2.389B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:23 pm

TEX

Terex Corporation reported Q3 earnings per share (EPS) of $1.75, up from $1.20 year over year. The company's revenue of $1.290 billion beat the estimate of $1.262 billion.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:23 pm