Streetbeat News

Earnings

LOGI

Logitech has raised its full-year outlook for Fiscal Year 2024. The company now expects revenues to be between $4.0 billion and $4.15 billion, up from the previous estimate of $3.8 billion to $4.0 billion. Non-GAAP operating income is also expected to increase to $525 million - $575 million from the previous $400 million - $500 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:28 am

CADE

Cadence Bank (NYSE:CADE) reported Q3 earnings of $0.56 per share, missing the analyst consensus estimate of $0.57 by 1.75 percent. This represents a 28.21 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:15 am

LOGI

Logitech International (NASDAQ:LOGI) reported Q2 earnings of $1.09 per share, beating the analyst consensus estimate of $0.60 by 81.67%. This is a 29.76% increase from the same period last year. The company also reported quarterly sales of $1.06 billion, beating the analyst consensus estimate of $966.17 million by 9.40%. However, this is an 8.00% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:13 am

HLX

Helix Energy Solns Gr (NYSE:HLX) reported Q3 earnings of $0.10 per share, missing the analyst consensus estimate of $0.21 by 52.38%. However, the company's quarterly sales of $395.67 million beat the estimate of $346.10 million by 14.32%. This represents a 183.33% increase in earnings and a 45.17% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 10:27 pm

PKG

Packaging Corporation Of America (PKG) has projected its Q4 earnings per share (EPS), excluding special items, to be $1.76, which is higher than the estimated $1.73.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:42 pm

TFII

TFI International (NYSE:TFII) reported Q3 adjusted earnings of $1.57 per share, missing the analyst consensus estimate of $1.73 by 9.25%. This is a 21.89% decrease from the same period last year. However, the company's quarterly sales of $1.91 billion beat the analyst consensus estimate of $1.87 billion by 2.19%, despite being a 14.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:34 pm

SMBC

Southern Missouri Bancorp has reported a preliminary net income of $13.2M for Q1 of fiscal 2024, marking a 36.9% increase from the same period in the previous year. The income per fully diluted common share has also increased by $0.12 to $1.16.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:25 pm

BRO

Brown & Brown (NYSE:BRO) reported Q3 adjusted earnings of $0.71 per share, beating the analyst consensus estimate of $0.62 by 14.52%. This is a 42% increase from the same period last year. The company also reported quarterly sales of $1.07 billion, beating the analyst consensus estimate of $1.03 billion by 3.59%. This is a 15.03% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:20 pm

MEDP

Medpace Holdings Inc (NASDAQ:MEDP) shares rose in after-hours trading following the release of its Q3 results. The company reported earnings per share of $2.22, beating the estimate of $2.05, and sales of $492.50 million, surpassing the $475.75 million estimate. Medpace also generated $114.4 million in cash flow from operating activities during the quarter. The company anticipates 2023 revenue in the range of $1.870 billion to $1.890 billion and 2024 revenue in the range of $2.150 billion to $2.200 billion.

Portfolio Pulse from Ryan Gustafson

October 23, 2023 | 9:15 pm

CALX

Calix Inc (NYSE:CALX) reported Q3 earnings of 45 cents per share, beating the analyst consensus estimate of 36 cents. The company also reported quarterly sales of $263.83 million, surpassing the analyst consensus estimate of $263.23 million. Despite these positive results, the company's shares traded lower in the after-hours session. The company also issued Q4 guidance, expecting earnings per share between 33 cents and 39 cents, and revenue between $261 million and $267 million.

Portfolio Pulse from Ryan Gustafson

October 23, 2023 | 9:11 pm