Streetbeat News

Revenues

INSW

International Seaways (NYSE:INSW) reported Q2 2024 adjusted EPS of $2.37, missing the $2.51 estimate, while shipping revenues of $257.4M slightly beat the $257.304M estimate. Sales decreased by 11.91% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:46 am

ENLT

Enlight Renewable Energy has raised its FY24 revenue guidance to $345M-$360M from the previous $335M-$360M, citing strong financial performance in the second quarter and first half of 2024. The company also increased its adjusted EBITDA guidance to $245M-$260M from $235M-$255M. Additionally, 90% of 2024's expected generation output will be sold at fixed prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:44 am

NCDL

Nuveen Churchill Direct (NYSE:NCDL) reported Q2 earnings per share of $0.57, meeting analyst expectations, and sales of $55.09 million, beating estimates by 1.15%. EPS decreased by 6.56% year-over-year, while sales increased by 48.48%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:43 am

ZBH

Zimmer Biomet has updated its FY24 outlook, affirming its adjusted EPS guidance of $8.00-$8.15 but lowering its sales forecast from $7.73B-$7.80B to $7.69B-$7.76B. The company also adjusted its foreign currency exchange impact and reported revenue change.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:42 am

VLN

Valens Semiconductor expects Q3 revenue between $14.7M and $15.4M, surpassing the $14.28M estimate. The company anticipates a gross margin of 52.0%-53.0% and an adjusted EBITDA loss of $(6.8)M to $(6.3)M. Valens is confident in its long-term growth strategy and plans for selective M&A deals.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:42 am

PLTK

Playtika Holding (NASDAQ:PLTK) reported Q2 earnings per share of $0.23, beating the analyst estimate of $0.16. However, sales of $627.00 million missed the $640.84 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:41 am

GHM

Graham has reaffirmed its FY25 outlook with net sales projected to be between $200M and $210M, aligning closely with the estimated $206.25M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:39 am

BXSL

Blackstone Secured (NYSE:BXSL) reported Q2 2024 earnings per share (EPS) of $0.89, missing the analyst consensus estimate of $0.90 by 1.11%. However, the company reported sales of $327.064 million, beating the analyst consensus estimate of $316.871 million by 3.22%. This represents a 12.64% increase over sales of $290.365 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am

WWW

Wolverine World Wide has updated its FY24 revenue guidance to $1.71B-$1.73B, slightly below the $1.73B estimate. The company expects adjusted diluted EPS of $0.75-$0.85, compared to the $0.81 estimate. Other financial metrics, including gross margin, operating margin, and effective tax rate, have also been updated.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am

NI

NiSource has reaffirmed its 2024 adjusted EPS guidance of $1.70-$1.74, aligning closely with the consensus of $1.72. The company also projects annual adjusted EPS growth of 6-8% and rate base growth of 8-10% for 2023-2028, with a capital expenditure plan of $16.4 billion for 2024-2028.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am