Streetbeat News

Revenues

RENT

Rent The Runway has projected its fiscal year 2024 revenue growth to be between 1% and 6%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:04 pm

RENT

Rent The Runway has projected its Q2 2024 revenue to be between $76 million and $78 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:04 pm

RENT

Rent The Runway reported its Q1 2024 earnings per share (EPS) of $(6.03), an improvement from $(9.14) year-over-year. Revenue increased to $75 million from $74.2 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:02 pm

IR

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years with an average annual return of 21.19%, resulting in a $100 investment growing to $259.20. The company currently has a market capitalization of $35.80 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 8:02 pm

CGC

GTBIF

SAM

TLRY

Green Thumb Industries (OTC:GTBIF) is rumored to be interested in merging with Boston Beer (NYSE:SAM), potentially creating a company with $3 billion in proforma 2023 revenues. The merger could reshape the cannabis and beverage sectors, offering strategic advantages and profitability improvements. Boston Beer shares rose by 30% following acquisition talks with Suntory (OTC:STBFY). The merger could set a precedent for future deals in the cannabis and beverage industries.

Portfolio Pulse from Nicolás Jose Rodriguez

June 06, 2024 | 8:02 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has significantly outperformed the market over the past 15 years, delivering an average annual return of 17.92%. A $1000 investment in AJG 15 years ago would be worth $11,711.09 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 8:02 pm

WISA

WiSA Technologies shares surged due to increased demand for its WiSA E wireless audio technology and new licensing deals. The company is gaining traction in the $296 billion wireless audio market, with significant momentum and market interest in its innovative solutions.

Portfolio Pulse from Vaishali Prayag

June 06, 2024 | 7:44 pm

HUBB

Hubbell (NYSE:HUBB) has significantly outperformed the market over the past 5 years, delivering an average annual return of 24.22%. A $1000 investment in HUBB 5 years ago would now be worth $2,938.52. The company's current market capitalization is $20.49 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:30 pm

HIG

Hartford Financial Services Group (NYSE:HIG) has outperformed the market over the past 15 years, delivering an average annual return of 14.58%. A $1000 investment in HIG 15 years ago would be worth $7,088.07 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:30 pm

BALL

Ball Corporation (NYSE:BALL) has significantly outperformed the market over the past 20 years, delivering an average annual return of 10.99%. A $1000 investment in BALL 20 years ago would be worth $8,060.05 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 7:00 pm