Streetbeat News

Revenues

POOL

Pool Corporation has revised its FY24 EPS outlook downwards due to weak demand for new pool construction and remodel activity. The company is focusing on managing expenses and generating free cash flow.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:06 pm

POOL

Pool Corporation reports that year-to-date sales are trending down approximately 6.5% from the comparable period in 2023.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:03 pm

POOL

Pool Corporation announced that its Q2 2024 revenues are below previous expectations due to a decline in new pool construction and remodel activity.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:02 pm

HYZN

Hyzon Motors announced a strategic realignment to focus on North American markets and the refuse industry. The company has retained PJT Partners to explore capital raising and strategic options, including the potential sale or divestiture of its European and Australia/New Zealand businesses. Hyzon continues its cost reduction and liquidity management efforts and is preparing for large fleet trial programs in the U.S. and Canada.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 8:01 pm

SRE

Analysts have mixed ratings for Sempra (NYSE:SRE) with recent updates showing a blend of bullish and bearish perspectives. The average 12-month price target has increased to $81.25. Sempra faces revenue challenges but maintains strong net margins and a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 8:00 pm

SRPT

Sarepta Therapeutics (NASDAQ:SRPT) has outperformed the market over the past 10 years with an average annual return of 18.37%, surpassing the market by 7.68% annually. A $1000 investment in SRPT 10 years ago would be worth $5,478.18 today.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 8:00 pm

CAT

Caterpillar (NYSE:CAT) has significantly outperformed the market over the past 15 years, delivering an average annual return of 16.6%. A $1000 investment in CAT 15 years ago would be worth $9,517.56 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 8:00 pm

STEP

Analysts have provided mixed ratings for StepStone Group (NASDAQ:STEP) over the past three months, with a recent increase in the average 12-month price target to $42.2. The company has shown strong revenue growth but faces challenges in net margin and ROA.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 8:00 pm

RACE

Ferrari (NYSE:RACE) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.14%. A $1000 investment in RACE 5 years ago would now be worth $2,617.80. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 7:30 pm

JPM

JPMorgan Chase (NYSE:JPM) has outperformed the market over the past 10 years with an average annual return of 13.19%, resulting in a $100 investment growing to $344.76. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 7:30 pm