Streetbeat News

Earnings

APTV

Aptiv has revised its FY24 revenue outlook, lowering its sales forecast to $19.6B-$19.9B from $20.10B-$20.40B, and adjusted EPS to $6.00-$6.30 from $6.15-$6.45. This is below the $20.207B and $6.22 estimates, respectively.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:01 am

W

Wayfair reported Q3 2024 earnings of $0.22 per share, surpassing the analyst estimate of $0.13. Sales reached $2.900 billion, slightly above the $2.876 billion estimate, despite a 1.49% decrease from last year's $2.944 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:00 am

COHU

Cohu anticipates its fourth quarter 2024 sales to be around $95 million, with a possible variation of $7 million, which is slightly below the consensus estimate of $98.192 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:00 am

CHD

Church & Dwight has updated its 2024 financial outlook, projecting an 8% increase in adjusted EPS and a 4% rise in net sales, slightly above previous estimates. The company also anticipates a 110 basis point expansion in adjusted gross margin.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:59 am

AXTI

AXT Inc. has provided guidance for Q4 with adjusted EPS expected to be between $(0.05) and $(0.03), which is below the analyst estimate of $(0.04). The company also anticipates sales between $23 million and $25 million, falling short of the $27.60 million estimate.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:59 am

FOXF

Fox Factory has lowered its fiscal year 2024 outlook for net sales and adjusted EPS. The company now expects net sales between $1.341 billion and $1.381 billion, down from the previous estimate of $1.407 billion to $1.477 billion. Adjusted EPS is now expected to be between $1.27 and $1.42, compared to the previous range of $1.40 to $1.72.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:58 am

CHD

Church & Dwight Co reported Q3 2024 adjusted EPS of $0.79, surpassing the estimate of $0.68. Sales reached $1.511 billion, exceeding the expected $1.495 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:56 am

FOXF

Fox Factory has revised its Q4 guidance, expecting net sales between $300M and $340M, significantly below the previous estimate of $385.6M. Additionally, the adjusted EPS is projected to be between $0.25 and $0.40, compared to the consensus of $0.49.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:55 am

NVT

nVent projects a strong financial outlook for FY24, with adjusted EPS expected to be between $2.49 and $2.51. The company anticipates reported sales growth of approximately 13% and organic sales growth of around 3%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:54 am

AAPL

AMZN

META

MSFT

USO

U.S. markets closed lower due to concerns over rising AI-related costs at Microsoft and Meta, despite strong earnings from Amazon and Apple. Crude oil prices rose over 2% amid geopolitical tensions and potential OPEC+ production delays. European markets gained, while Asian markets mostly declined.

Portfolio Pulse from Akanksha Bakshi

November 01, 2024 | 10:52 am