Streetbeat News

Revenues

WWW

Wolverine Worldwide has reaffirmed its FY24 adjusted EPS guidance of $0.65 to $0.85 and reduced its revenue forecast from $1.70B-$1.75B to $1.68B-$1.73B, adjusting for a new licensing model for Merrell and Saucony kids business. This updated revenue range represents a 13.2% to 15.7% decline from 2023, with a constant currency decline of 13.0% to 15.5%.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:37 am

KMT

Kennametal projects its FY24 revenue to be in the range of $2.030 billion to $2.050 billion, which aligns closely with the estimated $2.05 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:35 am

ELAN

Elanco Animal Health has updated its 2024 revenue forecast to $4.46B-$4.515B, slightly adjusting its previous guidance of $4.45B-$4.54B and aligning closely with the consensus estimate of $4.49B.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:32 am

CLVT

Clarivate has projected a sequential improvement in its Q2 organic revenue growth and has reaffirmed its full-year 2024 outlook, expecting revenues to be between $2.57 billion and $2.67 billion, with an estimated adjusted EPS of $0.70 to $0.80, aligning closely with the estimated $0.74.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:22 am

YOU

Clear Secure anticipates significant growth in revenue and total bookings for FY24, with expectations of expanding margins and a minimum of 30% growth in free cash flow compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:20 am

YOU

Clear Secure anticipates its Q2 revenue to be between $182.5M and $184.5M, surpassing the estimated $182.1M. The company also forecasts total bookings to range from $192M to $198M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:19 am

TMCI

Treace Medical Concepts' stock trades lower following the announcement of Q1 financial results and FY24 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:07 am

MPLN

MultiPlan projects its Q2 2024 revenues to be between $235M-$250M, falling short of the consensus estimate of $252.80M. The company also forecasts its adjusted EBITDA to range from $145M to $160M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:06 am

EYE

National Vision projects its FY24 revenue to be between $1.965 billion and $2.005 billion, which is around the analyst estimate of $1.99 billion.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:05 am

ACMR

ACM Research has reaffirmed its FY24 revenue guidance of $650M-$725M, aligning with expectations despite challenges from trade policies, customer spending, supply chain constraints, and tool evaluation timelines.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:05 am