Streetbeat News

Revenues

BJ

BJ's Wholesale Club reported Q1 2024 adjusted EPS of $0.85, beating the estimate of $0.83. Total revenues were $4.918 billion, surpassing the expected $4.831 billion.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 11:00 am

TITN

Titan Machinery has lowered its FY25 EPS outlook to $2.25-$2.75 from the previous range of $3.00-$3.50, which is below the estimate of $3.18. Additionally, the company has reduced its Australia revenue outlook to $240M-$260M from the prior view of $250M-$270M.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:58 am

BA

ITA

PPA

Boeing's aircraft deliveries to China are delayed due to a regulatory review of cockpit voice recorder batteries by Chinese authorities. The company is working with Chinese clients on delivery schedules, but the impact on delivery targets remains uncertain. Trade tensions between the U.S. and China and new tariffs are compounding the issues. Boeing's stock has declined by 8% over the past year.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 10:57 am

ACM

AECOM's Perfect Circle joint venture with Pick Everard and Gleeds has been appointed to two new consultancy frameworks worth up to £1.25 billion for SCAPE, the UK's public sector procurement authority.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:56 am

TITN

Titan Machinery's CEO Bryan Knutson has highlighted a challenging market environment with softening demand and excess inventory. Lower net farm income and higher interest rates are affecting farmers' equipment purchasing decisions. The company is focusing on customer care, managing fixed overhead, and aligning inventory with demand to improve financial results.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:53 am

MDT

Medtronic has announced its expectation for fiscal year 2025 organic revenue growth to be between 4% and 5%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:52 am

TITN

Titan Machinery (NASDAQ:TITN) reported Q1 earnings per share of $0.41, missing the analyst estimate of $0.64 by 35.94%. Sales were $628.70M, below the $661.73M estimate. EPS decreased by 65.55% year-over-year, while sales increased by 10.37%.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:48 am

CSWI

CSW Industrials (NASDAQ:CSWI) reported Q4 2024 earnings per share (EPS) of $2.04, surpassing the analyst consensus estimate of $1.86 by 9.68%. The company's quarterly sales were $210.859 million, exceeding the estimate of $203.900 million by 3.41%. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:48 am

MDT

Medtronic reported its Q4 2024 results, with adjusted EPS of $1.46 beating the estimate of $1.45, and sales of $8.589 billion surpassing the $8.437 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:47 am

BJ

BJ's Wholesale Club (NYSE:BJ) reported Q1 2025 adjusted EPS of $0.85, beating the estimate of $0.83. Total revenues were $4.918 billion, surpassing the $4.831 billion estimate and showing a 4.13% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:46 am