Streetbeat News

Revenues

TOL

Toll Brothers Inc (NYSE:TOL) reported strong Q3 earnings, surpassing analyst expectations with revenue of $2.73 billion and EPS of $3.60. The company saw an 11% increase in homes delivered and a 10% decrease in backlog. With favorable market conditions, Toll Brothers raised its full-year guidance.

Portfolio Pulse from Adam Eckert

August 20, 2024 | 8:59 pm

H

Hyatt Hotels plans to acquire the brands and most affiliates of Standard International, including The Standard and Bunkhouse Hotels, for a base price of $150 million, with potential additional payments of up to $185 million. Stabilized fees are expected to be $17 million, with potential additional fees of up to $30 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:51 pm

ALC

Alcon has updated its 2024 financial outlook, projecting EPS between $3.00 and $3.10, slightly below the $3.07 estimate, and revenue between $9.9 billion and $10.1 billion, aligning with the $9.96 billion estimate. The company maintains its core operating margin and tax rate forecasts while reducing interest expense expectations.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:36 pm

COTY

Coty has raised its FY25 adjusted EPS guidance to $0.54 - $0.57, surpassing the previous estimate of $0.44. The company also anticipates its FY25 free cash flow to grow to the low-mid $400 million range.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:34 pm

ALC

Alcon reported Q2 earnings per share of $0.74, surpassing the $0.73 estimate, but sales of $2.48 billion fell short of the $2.52 billion estimate. Earnings increased by 7.25% and sales by 3.33% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:32 pm

BBAI

BigBear.ai has been awarded a subcontract under a multiple-award IDIQ contract with a $2.4 billion shared ceiling over ten years, in collaboration with Concept Solutions.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:32 pm

AGYS

Agilysys has acquired Book4Time for approximately $150 million. This acquisition aims to extend Agilysys's global presence, consolidate its market leadership in spa management software, and create further subscription revenue growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:31 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past decade, with an annualized return of 23.05%. A $100 investment 10 years ago would now be worth $803.18, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 8:30 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has significantly outperformed the market over the past 20 years, with an annualized return of 27.55%. A $1000 investment in REGN 20 years ago would be worth $132,765.03 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 8:30 pm

PAGS

PagSeguro Digital reported Q2 2024 sales of $874.6M, beating the $771.54M estimate but missing the earnings per share estimate significantly. Sales increased by 13.16% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:29 pm