Streetbeat News

Revenues

CB

Chubb reported Q3 earnings of $5.72 per share, beating estimates of $4.98, marking a 15.56% increase from last year. However, sales of $12.28 billion missed the $12.54 billion estimate, though they increased by 5.36% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:16 pm

IVT

InvenTrust Properties reported Q3 2024 earnings of $0.44 per share, surpassing the analyst estimate of $0.42. The company's sales were $68.521 million, exceeding the expected $67.404 million and marking a 6.96% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:15 pm

EXEL

Exelixis has increased its FY2024 sales guidance from a range of $1.98 billion-$2.08 billion to $2.15 billion-$2.20 billion, surpassing the estimated $2.050 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:15 pm

SAGE

Sage Therapeutics announced it does not expect any milestone payments from collaborations for the rest of 2024. Additionally, the company anticipates a continued decrease in the use of ZULRESSO and plans to cease its commercial availability by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:15 pm

ALSN

Allison Transmission has increased its FY2024 sales guidance, raising the expected range from $3.09 billion-$3.17 billion to $3.13 billion-$3.21 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:14 pm

V

Visa projects high single-digit net revenue growth for Q1 2025 and high single-digit to low-double-digit growth for FY25.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:14 pm

STAG

Stag Industrial reported Q3 2024 earnings per share of $0.60, meeting analyst expectations. The company's sales were $190.29 million, surpassing the $189.09 million estimate and marking a 6.99% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:14 pm

CMG

Chipotle Mexican Grill reported a 6.0% increase in comparable restaurant sales for Q3.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:14 pm

EXLS

ExlService Holdings reported Q3 2024 earnings per share of $0.44, surpassing the analyst estimate of $0.41. The company's sales reached $472.073 million, exceeding the expected $462.351 million and marking a 14.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:13 pm

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