Streetbeat News

Revenues

BA

HWM

Howmet CEO reports that parts orders from Boeing are slightly trimmed but remain above the actual build rates for the 737 and 787 models.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:27 pm

SYY

Sysco's executive announced that the company expects net sales growth to include low single-digit volume growth in fiscal 2025.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:25 pm

SYY

Sysco Corporation expects sales growth between 4%-5% and adjusted EPS growth between 6%-7% during fiscal 2025, according to a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:25 pm

JBLU

JetBlue CEO emphasizes the need to keep costs low and avoid investing in capital-intensive assets that do not yield returns.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:23 pm

AQWA

CGW

XYL

Xylem Inc. (NYSE:XYL) reported strong Q2 FY24 results, beating revenue and EPS estimates. Despite this, shares are trading lower. The company raised its FY24 EPS outlook and revised its revenue outlook. Investors can gain exposure via Global X Clean Water ETF (NASDAQ:AQWA) and Invesco S&P Global Water Index ETF (NYSE:CGW).

Portfolio Pulse from Lekha Gupta

July 30, 2024 | 2:20 pm

JBLU

RTX

JetBlue Airways CEO has stated that the company's revenue growth has not been sufficient to outpace cost challenges. Additionally, Pratt & Whitney engine-related aircraft groundings are significantly impeding JetBlue's growth rate and pressuring profitability.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:15 pm

SYY

Sysco Corp (NYSE:SYY) reported Q4 FY24 sales growth of 4.2% to $20.556 billion, missing the analyst estimate of $20.573 billion. Despite this, adjusted EPS of $1.39 beat the consensus of $1.38. The company plans for consistent growth in FY25, targeting a 4%-6% CAGR for net sales and 6%-8% for adjusted EPS.

Portfolio Pulse from Shivani Kumaresan

July 30, 2024 | 2:07 pm

SYY

Sysco's executive reported a 3% year-over-year decline in restaurant traffic for Q4 during a conference call.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 2:07 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.17%. A $100 investment in GOOGL 5 years ago would be worth $284.89 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 2:02 pm

HON

Honeywell International (NASDAQ: HON) has outperformed the market over the past 20 years with an average annual return of 9.51%, resulting in a $100 investment growing to $595.33. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 2:02 pm