Streetbeat News

Revenues

DXCM

DexCom shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued weak revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:59 am

SXT

Sensient Technologies (NYSE:SXT) reported Q2 2024 earnings per share of $0.77, missing the analyst estimate of $0.82 by 6.1%. However, the company reported sales of $403.525 million, beating the estimate of $395.000 million by 2.16% and marking a 7.80% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:57 am

CL

Colgate-Palmolive has raised its FY24 organic sales growth guidance from 5-7% to 6-8%, indicating stronger than expected performance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:56 am

PODD

Insulet shares are trading higher after reporting better-than-expected preliminary Q2 revenue and raising FY24 Omnipod revenue outlook.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:56 am

CL

Colgate-Palmolive (NYSE:CL) reported Q2 2024 earnings per share of $0.91, beating the analyst estimate of $0.87. The company also reported sales of $5.058 billion, surpassing the $5.010 billion estimate and marking a 4.89% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:55 am

BAH

Booz Allen Hamilton projects FY25 revenue growth of 8%-11%, adjusted EBITDA between $1.260 billion and $1.30 billion, and adjusted diluted EPS of $5.80–$6.05, slightly below the $6.05 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:54 am

DXCM

PODD

Insulet Corporation (NASDAQ:PODD) shares are trading higher after reporting preliminary Q2 2024 results with a 23% revenue increase to $488 million, surpassing expectations. The company also raised its full-year 2024 revenue outlook. DexCom, Inc. (NASDAQ:DXCM) reported mixed results and weak guidance.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 10:53 am

BAH

Booz Allen Hamilton (NYSE: BAH) reported Q1 earnings of $1.38 per share, missing the analyst estimate of $1.52. However, sales of $2.94 billion beat the $2.93 billion estimate. Earnings decreased by 6.12% year-over-year, while sales increased by 10.81%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:49 am

NWG

NatWest Group (NYSE:NWG) reported Q2 earnings of $0.34 per share, beating the analyst estimate of $0.24. This represents a 21.43% increase from last year's $0.28 per share. However, sales decreased by 4.21% to $4.62 billion from $4.82 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:49 am

EAF

GrafTech International expects Q3 sales volume to be in line with Q2, with a modest improvement in FY24 sales volume YoY. The company anticipates a mid-teen percentage decline in FY24 cash cost of goods sold per MT compared to 2023, and reiterated FY24 capex of $35M-$40M.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:44 am