Streetbeat News

Earnings

OLK

Olink Holding (NASDAQ:OLK) has reiterated its 2023 reported revenue guidance of $192M-$200M, which is in line with the consensus of $196.09M. This represents a growth of 37% to 43% on a reported basis, and 38% to 44% on a constant currency basis.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:13 am

NVEI

Nuvei Corp has revised its Q3 revenue forecast to $300M-$308M, lower than the estimated $316.85M. However, the company has increased its FY23 revenue projection to $1.225B-$1.264B from the previous $1.170B-$1.195B, which is still slightly below the estimated $1.24B.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:12 am

VVV

Valvoline has raised its FY23 adjusted net income outlook to $185M-$200M from the previous $160M-$180M. The company is focused on creating value for shareholders by growing the core business, expanding the network, and evolving with the car parc.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:12 am

VST

Vistra has revised its 2023 guidance for Ongoing Operations Adjusted EBITDA to $3.6 billion to $4 billion, up from the previous range of $3.4 billion to $4 billion. The midpoint of the new guidance is now $3.8 billion, higher than the top of the potential range first announced in May 2022. The company also adjusted its Ongoing Operations Adjusted FCFbG guidance to $1.9 billion to $2.35 billion, with a midpoint of $2.125 billion.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:12 am

VST

Vistra (NYSE:VST) reported Q2 sales of $3.19 billion, missing the analyst consensus estimate of $5.91 billion by 46.04 percent. However, this represents a 100.82 percent increase over sales of $1.59 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:10 am

VFF

Village Farms has announced that it is on track to achieve its goal of positive adjusted EBITDA for the full year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:10 am

RMBL

RumbleOn has revised its FY23 outlook, now expecting total Powersports and Transportation revenue of $1.38B-$1.48B, down from the previous estimate of $1.4B-$1.6B. The company also anticipates an adjusted EBITDA of $55M-$65M, a significant decrease from the prior view of $95M-$105M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am

REYN

Reynolds Consumer Products has projected a decline in its Q3 revenue by 3% to 5%. The company also expects its earnings per share (EPS) to be between $0.34 and $0.38, compared to the estimated $0.37.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am

OLK

Olink Holding (NASDAQ:OLK) reported Q2 earnings per share of $(0.07), beating the analyst consensus estimate of $(0.10) by 30%. However, the company's quarterly sales of $29.44 million missed the analyst consensus estimate of $33.34 million by 11.71%. This represents a 75% decrease in losses from the same period last year and a 6.99% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am

VVV

Valvoline (NYSE:VVV) reported Q3 earnings of $0.43 per share, beating the analyst consensus estimate of $0.36 by 19.44%. This is a 104.76% increase from the same period last year. The company also reported quarterly sales of $376.20 million, beating the analyst consensus estimate of $366.58 million by 2.62%, a 18.53% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:09 am