Streetbeat News

Revenues

KHC

Kraft Heinz has revised its FY24 organic net sales outlook to a range of down 2% to flat, compared to the previous forecast of 0-2% growth. However, the company reaffirmed its adjusted EPS growth guidance of 1-3%.

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July 31, 2024 | 11:02 am

MAR

Marriott International (NASDAQ: MAR) reported Q2 2024 adjusted EPS of $2.69, beating the analyst estimate of $2.47. However, sales of $6.44 billion missed the $6.48 billion estimate. Sales increased by 5.99% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:02 am

DAY

Dayforce (NYSE:DAY) reported Q2 2024 adjusted EPS of $0.48, beating the $0.36 estimate by 33.33%. Sales were $423.3M, surpassing the $417.478M estimate and marking a 15.69% increase from last year's $365.9M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:01 am

TEVA

Teva Pharmaceutical Industries reported Q2 2024 adjusted EPS of $0.61, beating the estimate of $0.55. Sales were $4.164 billion, surpassing the expected $4.056 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:01 am

SHOO

Steven Madden (NASDAQ:SHOO) reported Q2 2024 adjusted EPS of $0.57, beating the $0.53 estimate. Sales were $523.553M, surpassing the $515.414M estimate. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:01 am

JCI

Johnson Controls has updated its fiscal 2024 fourth quarter and full year guidance. The company expects Q4 adjusted EPS to be between $1.23 and $1.26, slightly above the $1.20 estimate. For the full year, Johnson Controls has tightened its adjusted EPS guidance to $3.66-$3.69, with organic sales growth of ~3% and an adjusted segment EBITA margin improvement of ~110 basis points.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:01 am

KHC

Kraft Heinz (NASDAQ:KHC) reported Q2 2024 adjusted EPS of $0.78, beating the estimate of $0.74. However, sales of $6.476 billion missed the estimate of $6.553 billion and were down 3.65% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:01 am

CMRE

Costamare (NYSE:CMRE) reported Q2 2024 adjusted EPS of $0.77, beating the $0.71 estimate. Sales were $477.483M, surpassing the $316.489M estimate and marking a 30.48% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:00 am

ADP

ADP has provided its fiscal 2025 outlook, projecting consolidated revenue growth of 5-6%, adjusted EBIT margin expansion of 60-80 basis points, and adjusted diluted EPS growth of 8-10%.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:00 am

MAC

Macerich (NYSE:MAC) reported Q2 2024 earnings of $0.39 per share, missing the $0.40 estimate, but achieved sales of $215.521 million, surpassing the $205.006 million estimate.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:00 am