Streetbeat News

Revenues

PEN

Penumbra has reaffirmed its FY2024 sales guidance, projecting sales between $1.18 billion and $1.20 billion, aligning with market estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:26 pm

STEM

Stem has revised its FY2024 sales guidance downward from $200-270 million to $135-155 million, which is significantly below the estimated $225.15 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:25 pm

STEM

Stem has significantly lowered its Q4 sales guidance from a range of $110 million-$160 million to $45 million-$65 million, indicating potential challenges in its business operations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:24 pm

ALKT

Alkami Technology has increased its FY2024 sales guidance from a range of $330.50 million-333.50 million to $333.20 million-334.20 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:23 pm

CVNA

Carvana Co (NYSE:CVNA) reported strong Q3 earnings, with revenue and EPS beating estimates. Vehicle sales increased by 34% year-over-year, and the company anticipates further growth in Q4. Carvana's stock surged over 22% in after-hours trading.

Portfolio Pulse from Adam Eckert

October 30, 2024 | 9:22 pm

CSV

Carriage Services (NYSE:CSV) reported strong Q3 results, with earnings per share of $0.64 beating estimates by 52.38% and sales of $100.69 million surpassing expectations by 8.35%. This marks significant growth compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:20 pm

PEB

Pebblebrook Hotel Trust reports negative AFFO for Q3, Q4, and FY 2024 due to the impact of named storms, with significant losses in net income and revenue.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:20 pm

CWST

Casella Waste Systems has reaffirmed its FY2024 sales guidance, maintaining its outlook at $1.52 billion to $1.55 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:17 pm

PLPC

Preformed Line Products reported a significant decrease in Q3 earnings per share (EPS) and sales compared to the previous year. The EPS dropped from $3.03 to $1.54, and sales decreased from $160.4 million to $147 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:16 pm

HUBG

Hub Group has revised its FY2024 guidance, narrowing its GAAP EPS range to $1.85-1.95 and sales outlook to $4.00 billion, both slightly below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:16 pm