Streetbeat News

Revenues

ZYXI

Zynex, Inc. has reaffirmed its revenue guidance for the year 2024, maintaining its forecast of at least $227 million. This announcement underscores the company's confidence in its financial growth and stability moving forward.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:04 pm

HURN

Huron Consulting projects its FY24 adjusted EPS to be between $5.60 and $6.10, compared to the estimated $5.65, with revenues forecasted to range from $1.46 billion to $1.54 billion, against an estimated $1.51 billion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:04 pm

EXEL

Exelixis has reaffirmed its financial guidance for FY24, projecting total revenues to be between $1.825 billion and $1.925 billion, aligning closely with the estimated $1.909 billion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:59 pm

HAIN

Hain Celestial Group (NASDAQ:HAIN) announced strategic actions to simplify its portfolio and operating footprint, aiming to reduce complexity and strengthen its balance sheet. The company is reducing its portfolio assortment by 62%, consolidating its personal care manufacturing footprint, and streamlining its co-manufacturing network globally. These actions are part of the Hain Reimagined business strategy, focusing on driving a core portfolio of brands across five categories and leveraging scale and synergies across five core geographies. The initiatives include global SKU reductions, the sale of the Thinsters cookie brand, and the consolidation of manufacturing plants, which are expected to unlock annualized savings, generate operating cash flow to pay down debt, and drive gross margin expansion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:58 pm

FSP

Franklin Street Props (AMEX:FSP) reported Q1 2024 FFO of $0.04 per share, meeting analyst estimates but marking a 50% decrease from the previous year. Sales were $31.225M, missing estimates by 1.79% and showing a 17.32% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:56 pm

PRU

Prudential Financial (NYSE:PRU) reported Q1 earnings of $3.12 per share, slightly missing the consensus estimate of $3.13. However, their quarterly sales of $21.70 billion significantly exceeded the $14.50 billion estimate, marking a substantial year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:55 pm

CHCT

Community Healthcare reported Q1 2024 FFO of $0.59 per share, surpassing the $0.56 estimate, but its sales of $29.333M fell short of the $29.810M forecast, marking a 7.94% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:55 pm

CC

Chemours anticipates a 15% sequential increase in Q2 consolidated net sales and a similar 15% rise in consolidated adjusted EBITDA compared to Q1 2024 results.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:52 pm

FPI

Farmland Partners (NYSE:FPI) reported a Q1 2024 FFO of $0.06 per share, doubling from $0.03 YoY. However, their sales of $11.990M fell short of the $12.150M estimate, marking a 5.38% decrease from last year's $12.672M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:49 pm

AAT

American Assets Trust (NYSE:AAT) reported Q1 2024 FFO of $0.71 per share, surpassing the $0.66 estimate, and sales of $110.695M, exceeding the $110.512M forecast. This represents a 7.58% increase in earnings and a 2.73% rise in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:49 pm