Streetbeat News

Earnings

RDDT

Reddit has announced its Q4 2024 revenue forecast to be between $385 million and $400 million, surpassing the estimated $356.716 million. The company also projects an adjusted EBITDA of $110 million to $125 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:13 pm

BMRN

BioMarin has reaffirmed its long-term financial guidance, targeting $4 billion in revenues by 2027 and a 40% non-GAAP operating margin starting in 2026. The company also projects over $1.25 billion in operating cash flow annually from 2027 and a mid-teen CAGR for revenues through 2034.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:13 pm

EA

Electronic Arts (EA) has provided guidance for its Q3 earnings, expecting EPS between $0.85 and $1.02 and revenue between $1.875 billion and $2.025 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:13 pm

BRSP

BrightSpire Capital reported Q3 2024 adjusted earnings per share of $0.21, surpassing the analyst consensus estimate of $0.20 by 5%.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm

GOOGL

META

Meta Platforms is expected to report strong Q3 earnings, with a focus on AI growth and plans for a new search engine. Analysts predict increased revenue and earnings per share, and the company has consistently beaten estimates. Meta's AI initiatives aim to reduce reliance on Google and Microsoft, potentially impacting Alphabet in the future.

Portfolio Pulse from Chris Katje

October 29, 2024 | 8:12 pm

RDDT

Reddit reported strong Q3 2024 financial results, with earnings per share of $0.16, significantly surpassing the expected loss of $0.08. The company's sales also exceeded expectations, reaching $348.40 million compared to the anticipated $311.42 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm

TCS

Container Store Group reported a Q2 2024 adjusted EPS loss of $(3.23) and sales of $196.575 million, missing the analyst consensus estimate of $205.290 million. This represents a 10.54% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm

RSG

Republic Services anticipates its FY24 revenue to be at the low end of its guidance range, but expects to achieve the high end of its adjusted EBITDA guidance range.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm

SNAP

Snap Inc. reported a 9% year-over-year increase in daily active users for Q3, reaching 443 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm

ZWS

Zurn Elkay Water (NYSE:ZWS) reported Q3 2024 earnings per share of $0.34, surpassing the analyst estimate of $0.32. The company's sales reached $410 million, exceeding the expected $405.8 million and marking a 2.91% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:12 pm