Streetbeat News

Revenues

CTAS

Cintas Corporation has projected its fiscal year 2025 revenue to be between $10.16 billion and $10.31 billion, compared to the estimated $10.27 billion.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:36 pm

CTAS

Cintas (NASDAQ:CTAS) reported Q4 2024 earnings per share (EPS) of $3.99, surpassing the analyst estimate of $3.80 by 5%. The company also reported sales of $2.471 billion, slightly above the $2.468 billion estimate, marking an 8.19% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:35 pm

OSTK

Overstock.com has reopened and management is optimistic about the accelerating revenue run-rate in the first 90 days. The company is expanding into new categories such as closeouts, liquidation, reverse logistics, and factory direct, in addition to its core legacy categories, to drive its growth plan.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:34 pm

SBEV

Splash Beverage Group's Chocolate SALT Tequila has received authorization from the Pennsylvania Liquor Control Board and will be available in nearly 600 stores across Pennsylvania starting in September.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

CDZI

Cadiz, Inc.'s subsidiary ATEC Water Systems has secured three new sales contracts for iron and manganese filtration systems, expected to add $1.5 million in revenue in 2024. The contracts will serve communities in Wisconsin, Nevada, and Washington.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

TAOP

Taoping Inc. has announced a new order for its AI-powered smart terminals, expanding its AI business. This move is expected to enhance the company's market position in the AI sector.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

FSLR

First Solar has commissioned the largest solar R&D center in the Western Hemisphere, part of a half-billion dollar investment in U.S. thin film R&D infrastructure. The new facility, named the Jim Nolan Center for Solar Innovation, aims to reinforce America's leadership in thin film PV and has announced a new world record with 23.1% efficient CdTe cells.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:32 pm

SPY

The USA's continuing jobless claims have risen to 1,867K, slightly above the estimated 1,860K and the previous 1,847K. This indicates a slight increase in unemployment claims, which could impact market sentiment.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:30 pm

SPY

The latest report on initial jobless claims in the USA shows an increase to 243,000, higher than the estimated 229,000 and the previous 223,000. This could indicate a weakening labor market.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:30 pm

SPY

The Philadelphia Fed Manufacturing Index for July came in at 13.9, significantly higher than the estimated 2.7. This indicates stronger-than-expected manufacturing activity in the region.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 12:30 pm