Streetbeat News

Revenues

CHD

Church & Dwight has updated its 2024 financial outlook, projecting an 8% increase in adjusted EPS and a 4% rise in net sales, slightly above previous estimates. The company also anticipates a 110 basis point expansion in adjusted gross margin.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:59 am

NVT

nVent projects a strong financial outlook for FY24, with adjusted EPS expected to be between $2.49 and $2.51. The company anticipates reported sales growth of approximately 13% and organic sales growth of around 3%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:54 am

SILC

Silicom projects Q4 revenues between $14M and $15M, slightly above the estimated $14.635M. Growth in 2025 is expected to be low single digits, with a strong 20%-30% CAGR anticipated from 2026.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:53 am

CAH

Cardinal Health has raised its fiscal year 2025 outlook for adjusted EPS to $7.75-$7.90, surpassing the consensus of $7.63. The company also updated its profit outlook for its Pharmaceutical and Specialty Solutions segment and its Global Medical Products and Distribution segment, as well as its adjusted free cash flow expectations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:48 am

CAH

Cardinal Health reported Q1 2025 earnings of $1.88 per share, surpassing the $1.62 estimate, and sales of $52.28 billion, exceeding the $50.90 billion estimate. Despite beating estimates, sales decreased by 4.54% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:46 am

NVT

nVent Electric reported Q3 2024 earnings per share of $0.84, surpassing the analyst estimate of $0.77. Sales reached $939.1 million, exceeding the expected $894.2 million and marking a 9.35% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:39 am

GTLS

Chart Industries has provided its financial outlook for FY25, projecting sales between $4.65B and $4.85B, which is below the $4.90B estimate. The adjusted EPS is expected to be between $12.00 and $13.00, also below the $12.53 estimate. The company anticipates ending 2025 with approximately $3 billion of net debt.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:38 am

GTLS

Chart Industries has revised its FY24 sales outlook to $4.20B-$4.30B from $4.45B-$4.60B, and adjusted EPS to $9.00 from $10.75-$11.75. The changes are due to timing of orders, foreign exchange impact, tax rate, and share count changes.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:36 am

ASIX

AdvanSix has revised its 2024 capital expenditures to $135M-$140M, down from $140M-$150M. The company anticipates strong demand for ammonium sulfate and balanced acetone supply. However, a delayed ramp-up at the Hopewell site will negatively impact 4Q24 pre-tax income by $17M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:35 am

TXNM

TXNM Energy reported Q3 2024 earnings per share of $1.43, slightly beating the estimate of $1.41, but sales of $569.26 million missed the $588.88 million estimate. Earnings decreased by 7.14% from last year, while sales increased by 12.53%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:34 am