Streetbeat News

Revenues

SCL

Stepan Company expects its second half EBITDA to improve compared to the previous year. The company is positioned to deliver full-year adjusted EBITDA growth and positive free cash flow.

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July 31, 2024 | 11:13 am

CHEF

The Chefs' Warehouse has projected its FY24 revenue to be between $3.665 billion and $3.785 billion, compared to the estimated $3.76 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:12 am

RSVR

Reservoir Media (NASDAQ:RSVR) reported a Q1 EPS of $(0.01), missing the $0.03 estimate, but achieved sales of $34.32M, beating the $33.92M estimate. Sales increased by 7.79% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:12 am

SCL

Stepan (NYSE:SCL) reported Q2 2024 adjusted EPS of $0.41, missing the $0.67 estimate by 38.81%. Sales were $556.405M, missing the $589.800M estimate by 5.66% and down 4.06% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:12 am

LNTH

Lantheus Holdings (NASDAQ:LNTH) reported Q2 2024 earnings per share (EPS) of $1.80, missing the analyst estimate of $1.83 by 1.64%. However, the company beat sales estimates with $394.091 million, a 22.50% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:11 am

BLCO

Bausch + Lomb has raised its revenue and Adjusted EBITDA guidance for the full year of 2024. The new revenue forecast is $4.70B-$4.80B, up from the previous $4.60B-$4.70B, and the Adjusted EBITDA is now expected to be $850M-$900M, compared to the prior $840M-$890M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:11 am

AVNS

Avanos Medical has reaffirmed its FY24 revenue guidance from continuing operations to be between $685M and $705M, with an estimated $695.40M. The company also expects adjusted EPS from continuing operations to be between $1.30 and $1.45, with an estimated $1.38.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:11 am

COCO

Vita Coco (NASDAQ:COCO) reported Q2 earnings per share of $0.32, beating the analyst estimate of $0.29. Sales were $144.12 million, slightly above the $143.96 million estimate. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:10 am

DAN

Dana Inc. has provided its financial outlook for FY24, projecting revenue between $10.45 billion and $10.95 billion, compared to the estimated $10.83 billion. The company also expects adjusted EPS to range from $0.80 to $1.30, against the $1 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:10 am

BXP

BXP announced that global engineering firm Bechtel signed a lease for approximately 289,000 square feet at Reston Overlook in Reston Town Center, Reston, Virginia.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:09 am