Streetbeat News

Revenues

BITF

Bitfarms reported earning 236 BTC in October, a 9% increase month-over-month but a 41% decrease year-over-year. The company saw a 3% increase in average operating efficiency and an 8% increase in Bitcoin difficulty. Their operational capacity reached 11.5 EH/s, up 83% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:02 am

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

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

CON

Concentra Group Holdings (NYSE:CON) projects FY2024 sales to be $1.900 billion, aligning with the market estimate of $1.90 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:59 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

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

SILC

Silicom projects Q4 revenues between $14M and $15M, slightly above the estimated $14.635M. Growth in 2025 is expected to be low single digits, with a strong 20%-30% CAGR anticipated from 2026.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:53 am

CAH

Cardinal Health has raised its fiscal year 2025 outlook for adjusted EPS to $7.75-$7.90, surpassing the consensus of $7.63. The company also updated its profit outlook for its Pharmaceutical and Specialty Solutions segment and its Global Medical Products and Distribution segment, as well as its adjusted free cash flow expectations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:48 am

CAH

Cardinal Health reported Q1 2025 earnings of $1.88 per share, surpassing the $1.62 estimate, and sales of $52.28 billion, exceeding the $50.90 billion estimate. Despite beating estimates, sales decreased by 4.54% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:46 am

NVT

nVent Electric reported Q3 2024 earnings per share of $0.84, surpassing the analyst estimate of $0.77. Sales reached $939.1 million, exceeding the expected $894.2 million and marking a 9.35% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:39 am