Streetbeat News

Revenues

ATGFF

AltaGas reported a 42.86% increase in Q3 EPS to $0.10, despite a 10.49% decrease in sales to $2.02 billion compared to the previous year.

Portfolio Pulse from totan@benzinga.com

October 31, 2024 | 10:38 am

BAND

Bandwidth has provided its Q4 and FY24 revenue guidance. The company expects Q4 revenue to be between $198M and $208M, surpassing the estimated $189.67M. However, its FY24 revenue guidance of $737M-$747M falls short of the $748.53M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

ETN

Eaton has released its Q4 2024 financial expectations, forecasting adjusted EPS between $2.78 and $2.84, slightly above the consensus estimate of $2.81. The company also anticipates organic growth of 6-7% and segment margins of 23.6-24.0%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

TFX

Teleflex has revised its FY24 financial guidance, lowering its GAAP revenue growth range and slightly adjusting its EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

VRN

Veren has updated its 2024 guidance, expecting an average production of 191,000 boe/d with 65% oil and liquids. The company plans $1.45-$1.50 billion in capital expenditures, focusing on Alberta Montney. It anticipates $625 million in excess cash flow and a net debt reduction to $2.5 billion. For 2025, Veren projects production of 188,000-196,000 boe/d, with a capital budget of $1.48-$1.58 billion, and plans to return 60% of excess cash flow to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:37 am

EL

Estée Lauder shares declined after the company withdrew its FY25 guidance due to uncertainties in market stabilization in China and Asia travel retail, along with recent leadership changes.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:36 am

VRN

Veren (NYSE:VRN) reported Q3 2024 earnings per share of C$0.29, missing the estimate of C$0.30, but sales of C$992.9M exceeded the estimate of C$950.95M. Earnings decreased by 50.85% from last year, while sales slightly decreased by 0.58%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:36 am

UTZ

Utz Brands has reaffirmed its outlook for FY24, expecting organic net sales growth of 2%-2.5% and projecting adjusted earnings per share growth of 28%-32%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:35 am

MBLY

Mobileye Global has updated its FY24 revenue guidance to a range of $1.62 billion to $1.66 billion, slightly narrowing from the previous range of $1.60 billion to $1.68 billion. The new guidance is close to the analyst estimate of $1.65 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:35 am

EL

Estee Lauder has withdrawn its FY25 guidance due to uncertainties in the stabilization of the Mainland China market and Asia travel retail, as well as leadership changes.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:34 am