Streetbeat News

Revenues

ZTS

Zoetis has raised its 2024 revenue guidance to a range of $9.1 billion to $9.25 billion, up from the previous range of $9.05 billion to $9.2 billion. The company attributes this increase to strong performance in the first half of the year and robust growth in the companion animal segment. Zoetis also updated its net income and EPS projections, indicating strong operational growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:10 am

FIS

Fidelity National Information Services (FIS) has announced its Q3 adjusted EPS guidance of $1.27-$1.31, surpassing the estimated $1.23. Additionally, the company expects revenue between $2.55 billion and $2.57 billion, higher than the estimated $2.486 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

BSY

Bentley Systems announced that its Q2 financial performance aligns well with its annual outlook for ARR growth, profitability, and operating cash flow.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

DK

DKL

Delek US announced the sale of its retail assets to FEMSA for $385 million. The company also executed contract amendments and extensions with Delek Logistics, and dropped its interest in the Wink to Webster pipeline. These actions will result in a cash infusion of over $500 million for Delek US with minimal impact on EBITDA. Delek Logistics will benefit from contract extensions, acquisition of Wink to Webster interest, a new processing plant, and acquisition of H2O Midstream.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

NURO

NeuroMetrix (NASDAQ:NURO) reported Q2 EPS of $(0.74), an improvement from $(1.52) YoY, but sales plummeted to $769,148 from $1.65M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

SSTK

Shutterstock (NYSE:SSTK) reported Q2 2024 earnings per share of $1.00, meeting analyst expectations. The company also reported sales of $220.053 million, surpassing the analyst estimate of $213.480 million by 3.08%, and marking a 5.37% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:08 am

BR

Broadridge Financial Solutions has provided guidance for fiscal year 2025, expecting recurring revenue growth of 5-7% year-over-year and adjusted EPS growth of 8-12% year-over-year, compared to an estimated $8.47.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:07 am

OFIX

Orthofix has projected its net sales for 2024 to be between $795 million and $800 million, slightly above the market estimate of $793.79 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:06 am

NOVT

Novanta Inc. has provided its Q3 guidance, expecting GAAP revenue between $241M and $244M, which is below the estimated $251.15M. The company also expects adjusted EPS to be in the range of $0.85 to $0.89, aligning with the estimated $0.86. Adjusted gross profit margin is anticipated to be between 47.0% and 47.5%, and adjusted EBITDA is expected to be between $56M and $58M.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:06 am

DIBS

1stdibs.com has announced its Q3 revenue forecast to be between $20.8 million and $22.1 million, which is slightly below the estimated $22.206 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:05 am