Streetbeat News

Revenues

EHAB

Enhabit has released its financial guidance for FY24, projecting adjusted EPS between $0.19 and $0.37, which is below the estimated $0.27. The company also expects revenue to be in the range of $1.050 billion to $1.063 billion, slightly below the estimated $1.076 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:43 pm

SCOR

comScore has revised its FY24 revenue guidance to $350M-$360M, down from the previous estimate of $372.04M. The company expects Q3 2024 revenue to decline by 4%-6% compared to Q3 2023, citing challenges in legacy media channels and unpredictable demand for custom digital products. However, comScore anticipates a return to growth in 2025 with investments in Proximic and CCR products.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:42 pm

BODI

The Beachbody Company has projected its Q3 revenue to be between $97 million and $107 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:42 pm

CYRX

Cryport has revised its FY24 revenue guidance to $225M-$235M, which is below the previous estimate of $240.513M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:42 pm

SLDP

Solid Power has revised its 2024 revenue expectations from $20M-$25M to $16M-$20M, primarily due to slower revenue recognition from SK On agreements and delays in electrolyte sales. The company still expects 2024 cash used in operations to be $60M-$70M and capital expenditures to be $40M-$50M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:42 pm

CPIX

Cumberland Pharmaceuticals (NASDAQ:CPIX) reported a significant decrease in Q2 earnings and sales compared to the same period last year. Earnings per share dropped by 93.75% to $0.01, and sales fell by 9.55% to $9.85 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:41 pm

DVN

Devon Energy Corporation (NYSE:DVN) shares rose after the company reported strong Q2 results, beating earnings and revenue estimates. The company achieved record oil production and expanded its share repurchase program. Devon Energy also raised its oil production guidance for the full year.

Portfolio Pulse from Erica Kollmann

August 06, 2024 | 9:39 pm

BCSF

Bain Capital Specialty (NYSE:BCSF) reported Q2 2024 GAAP EPS of $0.51, meeting analyst expectations. However, the company missed sales estimates, reporting $72.271 million against the expected $75.000 million, a 3.64% shortfall and a 4.55% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:39 pm

KFS

Kingsway Financial Services (NYSE:KFS) reported a Q2 GAAP EPS of $(0.09), a 50% decrease from $(0.06) YoY. Sales increased by 0.95% to $26.45M from $26.20M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:38 pm

RYAM

Rayonier Advanced Materials (NYSE:RYAM) reported Q2 2024 adjusted EPS of $0.19, significantly beating the analyst estimate of $(0.10). The company also reported sales of $419 million, surpassing the $402.167 million estimate and showing an 8.83% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:38 pm