Streetbeat News

Revenues

FMC

Analysts have provided diverse ratings for FMC (NYSE:FMC), with a recent shift towards more neutral stances. The average 12-month price target has been adjusted to $64.2, down from $69.29, reflecting a 7.35% decline. FMC's financial performance shows strong revenue growth, net margin, ROE, and ROA, but faces challenges in debt management. The company is a major player in the global crop protection industry, focusing on patented products and R&D for new biologicals.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 12:00 pm

ADNT

Adient has reaffirmed its fiscal year 2024 sales forecast, expecting revenues to be between $15.4 billion and $15.5 billion, slightly below the analyst estimate of $15.59 billion. The company also projects its adjusted EBITDA to reach $985 million in FY24.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:59 am

CG

Carlyle Group (NASDAQ:CG) reported a Q4 2023 GAAP EPS loss of $(1.92) per share, with quarterly sales of $926.20 million, surpassing analyst expectations by 8.92% but marking a 12.54% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:55 am

IMOS

ChipMOS reported a 28.4% year-over-year increase in consolidated revenue for January 2024, despite a 9.2% decrease from December 2023. The revenue for January 2024 was NT$1,708.5 million or US$54.6 million.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:37 am

GGR

Gogoro anticipates generating revenue between $385M-$420M in 2024, with around 90% coming from the Taiwan market and 10% from international markets.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:22 am

BG

Bunge (NYSE:BG) reported Q4 sales of $14.94 billion, missing the consensus estimate of $15.06 billion by 0.82% and marking a 10.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:14 am

EPC

Edgewell Personal Care (EPC) has reaffirmed its financial outlook for fiscal year 2024, projecting a reported net sales growth of 1%-3% and an adjusted EPS in the range of $2.65-$2.85, compared to the $2.74 estimate.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:12 am

GGR

Gogoro reported a Q4 revenue of $91.5M, marking a 4.1% decrease year-over-year. The company's loss per share widened to $(0.12) from $(0.05) in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:07 am

HLT

Hilton Worldwide reported a 5.7% year-over-year increase in system-wide comparable RevPAR (Revenue Per Available Room) for the fourth quarter.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:02 am

NYCB

New York Community Bancorp, Inc. (NYCB) reported updated financial figures as of February 5, 2024, showcasing a strong liquidity position and deposit stability. Total deposits reached approximately $83.0 billion, an increase from the end of 2023, with 72% being insured or collateralized. Uninsured deposits stood at $22.9 billion. The company's total liquidity was reported at $37.3 billion, exceeding uninsured deposits with a coverage ratio of 163%, including $17.0 billion in cash and $6.1 billion in unencumbered securities.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 6:23 am