Streetbeat News

Revenues

GDRX

GoodRx has projected its 2024 revenue to be between $800M-$810M, which is below the consensus estimate of $857.80M. However, the company expects its adjusted EBITDA to exceed $250M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:54 am

TPR

Tapestry forecasts FY24 revenue to be around $6.6 billion, slightly below the $6.73 billion estimate, with EPS expected to be between $4.20 and $4.25, closely aligning with the $4.22 estimate. The company anticipates approximately 1% growth on a constant currency basis, an 8% to 9% increase in EPS compared to the previous year, and expects to generate about $1.1 billion in free cash flow, excluding deal-related costs.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:53 am

TIXT

TELUS International has reaffirmed its fiscal year 2024 revenue forecast to be in the range of $2.790 billion to $2.850 billion, aligning closely with the consensus estimate of $2.813 billion.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:52 am

USFD

US Foods projects its FY24 revenue to be between $37.5B and $38.5B, surpassing the estimated $37.82B. The company also forecasts its adjusted EPS to range from $3.00 to $3.20, closely aligning with the $3.1 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:50 am

INFU

InfuSystem has reaffirmed its fiscal year 2024 guidance, projecting net revenue growth in the high-single-digit range. This announcement indicates a positive outlook for the company's financial performance in the upcoming year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:49 am

DNUT

Krispy Kreme has reaffirmed its fiscal year 2024 outlook, projecting a net revenue growth of 5% to 7% and an adjusted EPS of $0.27 to $0.31, aligning with an estimated EPS of $0.28.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:48 am

PLTK

Playtika projects its FY24 revenue to be in the range of $2.52B to $2.62B, surpassing the estimated $2.57B.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:42 am

SOHO

Sotherly Hotels has reiterated its FY2024 financial outlook, maintaining its adjusted FFO (Funds From Operations) projection at $0.64 to $0.69 per share, against an estimate of $0.66. The company expects total revenue to range between $178.952 million and $182.567 million, closely aligning with the estimated $182.5 million. Other key projections include a net income of $1.598 million to $2.593 million, a net loss available to common stockholders and unitholders between $6.377 million and $5.382 million, and a RevPAR (Revenue Per Available Room) of $117.16 to $119.52.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:38 am

PRMW

Prime Water forecasts its Q2 revenue to be between $472M and $482M, which is around the analyst estimate of $476.1M.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:34 am

AVAH

Aveanna Healthcare has updated its FY24 revenue forecast to over $1.97B, surpassing the estimated $1.975B and previous guidance of $1.96B-$1.98B. The company also revised its Adjusted EBITDA expectation to more than $150 million, up from the prior range of $146 million to $150 million.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:34 am