Streetbeat News

Revenues

AEIS

Advanced Energy Industries (NASDAQ:AEIS) has provided guidance for Q4 with adjusted EPS expected between $0.83 and $1.33, compared to the analyst estimate of $1.01. The company also anticipates sales between $372 million and $412 million, against the analyst estimate of $386.12 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:36 pm

ACA

ACA has revised its FY24 revenue guidance to $2.56B-$2.63B from $2.60B-$2.72B, while increasing its Adjusted EBITDA guidance to $435M-$450M. The changes reflect strategic portfolio actions, including the acquisition of Stavola and divestiture of steel components.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:36 pm

CNMD

Conmed (NYSE:CNMD) reported Q3 2024 earnings per share of $1.05, surpassing the analyst estimate of $0.99. However, sales were $316.701 million, slightly below the expected $318.128 million. Sales increased by 3.98% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:36 pm

VAL

Valaris reported Q3 2024 earnings with a GAAP EPS of $0.88, missing the $1.09 estimate, but sales of $643M beat the $615.24M estimate, marking a 41.29% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:36 pm

BHC

Bausch Health has increased its fiscal year 2024 revenue outlook from a range of $9.40 billion - $9.65 billion to $9.50 billion - $9.675 billion, surpassing the estimated $9.486 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:35 pm

FCPT

Four Corners Property Trust (FCPT) reported Q3 funds from operations (FFO) of $0.43 per share, which met expectations. However, their sales of $66.79 million fell short of the $67.36 million estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:35 pm

TK

Teekay (NYSE:TK) reported a decrease in Q3 earnings and sales compared to the same period last year. Earnings per share fell from $0.27 to $0.23, and sales dropped from $311.68 million to $272.62 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:35 pm

OHI

Omega Healthcare Invts (NYSE:OHI) reported Q3 2024 earnings of $0.74 per share, surpassing the $0.72 estimate. Sales reached $276.028M, exceeding the $264.447M estimate and marking a 14.05% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:34 pm

META

Meta Platforms reported strong Q3 earnings, beating analyst estimates with $40.59 billion in revenue and $6.03 EPS. Daily active users increased by 5%, and ad impressions rose by 7%. The company highlighted AI advancements and expects Q4 revenue between $45 billion and $48 billion.

Portfolio Pulse from Adam Eckert

October 30, 2024 | 8:33 pm

PPC

Pilgrims Pride reported Q3 2024 earnings per share of $1.63, surpassing the expected $1.38, but sales of $4.58 billion fell short of the $4.66 billion estimate. Sales increased by 5.16% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:33 pm