Streetbeat News

Revenues

MPLN

MultiPlan projects its FY24 revenues to be between $1.00 billion and $1.03 billion, aligning closely with the estimated $1.01 billion. The company also forecasts its adjusted EBITDA to range from $630 million to $650 million.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:10 am

TWI

Titan International has acquired Carlstar Group LLC for around $296M in a cash and stock deal, valued at about 4x Carlstar's FY 2023 adjusted EBITDA of $73M. The acquisition is expected to boost Titan's earnings per share and operating margins in 2024. Carlstar, a global manufacturer and distributor of specialty tires and wheels, reported 2023 revenues of approximately $615M.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:07 am

SIX

Six Flags Entertainment (NYSE:SIX) reported Q4 sales of $292.55 million, missing the analyst consensus estimate of $297.46 million by 1.65%. This represents a 4.53% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:03 am

ITCL

Banco Itau Chile (NYSE:ITCL) reported its Q4 earnings, maintaining an EPS of $0.15, identical to last year's. Sales rose by 12.70% YoY, reaching $434.98M from $385.98M.

Portfolio Pulse from totan@benzinga.com

February 29, 2024 | 11:02 am

GLNG

Golar LNG (NASDAQ:GLNG) reported Q4 sales of $79.68M, surpassing the $79.18M estimate, marking a 34.73% increase from last year's $59.14M. The company concluded the quarter with $679.23M in cash and equivalents.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 10:50 am

BIRK

Birkenstock has reaffirmed its fiscal year 2024 revenue outlook, projecting revenues between €1.74 billion and €1.76 billion on a constant currency basis. This forecast represents a year-over-year revenue growth of 17% to 18%.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 10:43 am

HLN

Haleon forecasts FY24 organic revenue growth of 4%-6%, but anticipates Q1 growth to be slightly below the 4% mark due to challenging comparisons from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:26 am

HLN

Haleon (NYSE:HLN) reported FY sales of $14.03B, missing the analyst consensus estimate of $14.47B by 3.03%. This represents a 10.17% increase over last year's sales of $12.74B.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 9:23 am

EWQ

France's Gross Domestic Product (GDP) growth rate for the year was reported at 0.7%, aligning with the estimated 0.7% and showing a slight increase from the previous 0.6%.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 7:48 am

EWQ

France's Consumer Price Index (CPI) for February showed a month-on-month increase of 0.8%, surpassing the estimated 0.7% and marking a significant rebound from the previous month's -0.3%.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 7:47 am