Streetbeat News

Revenues

GRMN

Garmin has confirmed its fiscal year 2024 outlook, maintaining its guidance with expected sales of $5.75 billion and an adjusted EPS of $5.40, aligning closely with analyst estimates of $5.73 billion in sales and an EPS of $5.39.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:07 am

CHEF

Chefs' Warehouse projects its FY24 revenue to be between $3.640 billion and $3.785 billion, compared to the estimated $3.72 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:07 am

BLCO

Bausch + Lomb has increased its full-year 2024 revenue growth guidance in constant currency terms from 12-14% to 13-15%, with a new revenue target of $4.6B–$4.7B, compared to a consensus estimate of $4.66B.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:07 am

AVA

Avista (NYSE:AVA) reported Q1 2024 earnings of $0.91 per share, missing the consensus estimate of $1.00 by 9%. However, their quarterly sales of $594.936M exceeded estimates by 26.76%, marking a 29.29% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:05 am

KHC

Kraft Heinz reaffirms its fiscal year 2024 guidance, expecting organic net sales growth of 0-2%, adjusted operating income growth of 2-4%, and adjusted EPS of $3.01-$3.07. The company anticipates a positive price contribution, volume growth in H2, an adjusted gross profit margin expansion, and an effective tax rate of 20-22%. However, it also expects a $45 million unfavorable impact from foreign currency and debt refinancing.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:05 am

SRDX

Surmodics provided its FY24 earnings and revenue guidance, expecting an adjusted EPS between $(0.64) and $(0.47), which is an improvement over the estimated $(0.94). The company also forecasts revenue to be between $122M and $124M, surpassing the estimated $119.644M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:05 am

ALKS

Alkermes reported Q1 sales of $350.372M, missing the consensus estimate of $360.258M by 2.74%, but marking a 21.83% increase from last year's $287.595M.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:03 am

KHC

Kraft Heinz (NASDAQ:KHC) reported Q1 2024 earnings per share of $0.69, meeting analyst estimates, with a 1.47% increase from the previous year. However, their quarterly sales of $6.410 billion fell short of the $6.429 billion estimate, marking a 1.22% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:01 am

KKR

KKR & Co reported its Q1 2024 total revenues at $9.657 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:00 am

BIP

Brookfield Infrastructure Partners (BIP) reported a Q1 2024 GAAP EPS of $0.10 and a 22.97% increase in sales to $5.187B from $4.218B YoY.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:59 am