Streetbeat News

Revenues

GWW

Grainger has updated its 2024 financial guidance, projecting net sales between $17.1 billion and $17.3 billion, slightly up from the previous range. The EPS forecast is now $38.65 to $39.35, a slight adjustment from the prior range.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:02 pm

SWI

SolarWinds reported its Q3 2024 financial results, with adjusted EPS of $0.27, surpassing the estimate of $0.25. The company's sales reached $200.025 million, exceeding the expected $194.035 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:01 pm

TFX

Teleflex shares declined following the release of mixed Q3 financial results and a reduction in FY24 revenue growth guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:00 pm

CYN

Cyngn has received a signed letter of intent from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025. This development indicates potential future revenue and growth opportunities for Cyngn.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:54 am

TZUP

Thumzup Media plans to significantly expand its advertiser base by 2025, targeting a 1,000% increase from 500 to over 5,000 advertisers.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:50 am

MCS

Marcus Corporation (NYSE:MCS) reported Q3 sales of $232.67 million, surpassing the analyst estimate of $213.26 million by 9.10% and marking an 11.45% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:49 am

SN

SharkNinja has raised its FY2024 adjusted EPS guidance and sales outlook, indicating stronger than expected financial performance. The company now expects adjusted EPS between $4.13 and $4.24, and sales between $5.30 billion and $5.34 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:49 am

HII

Huntington Ingalls Industries shares declined following disappointing Q3 results and a revised FY24 revenue outlook. The company also withdrew its 5-year free cash flow outlook.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:49 am

SABR

Sabre Corporation has revised its Q4 2024 revenue forecast to approximately $715 million, down from a prior estimate of $725 million, and below the consensus estimate of $721.8 million. The full-year 2024 revenue forecast is now $3.03 billion, slightly down from the previous $3.05 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:45 am

SCPX

Scorpius Holdings has announced strategic cost-saving measures expected to save over $2 million annually. These include divesting non-core assets and optimizing operational efficiency, aiming to enhance financial position and focus on high-margin growth areas.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:44 am