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Revenues

NVT

nVent Electric projects its FY24 adjusted EPS to be between $3.17 and $3.27, which is below the estimated $3.32. The company also anticipates sales growth of 8%-10%, with organic growth ranging from 3%-5%.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:36 am

GEHC

GE HealthCare projects a 4% year-over-year organic revenue growth for FY24, with an adjusted EBIT margin between 15.6% and 15.9%, indicating a 50 to 80 basis point improvement over the 2023 margin of 15.1%.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:24 am

DD

DuPont has released its financial outlook for the first quarter of 2024, projecting adjusted EPS of $0.63-$0.65, below the $0.67 estimate, and revenue of $2.80B, slightly under the $2.85B estimate. The full-year outlook anticipates net sales between $11.9B and $12.3B, with operating EBITDA estimated between $2.8B and $3.0B, and adjusted EPS forecasted to be $3.25-$3.65.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:13 am

DD

DuPont has released its financial outlook for FY24, projecting adjusted EPS of $3.25-$3.65, compared to the $3.36 estimate, and revenue of $11.9B-$12.3B, against the $12.14B estimate. The company expects 1Q'24 net sales of approximately $2,800 million and operating EBITDA of around $610 million for the same period, with full-year operating EBITDA forecasted to be between $2,800 million and $3,000 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:10 am

ST

Sensata Technologies projects its Q1 revenue to be in the range of $970M-$1.01B, which is around the analyst's expectation of $1B. This forecast indicates a potential alignment with market expectations, suggesting a stable outlook for the company's financial performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:10 am

WTW

Willis Towers Watson projects its FY24 adjusted EPS to be between $15.40 and $17.00, compared to the estimated $16.21. The company also forecasts revenue to exceed $9.9 billion, slightly below the $9.97 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:08 am

CNC

Centene has raised its 2024 revenue guidance by $2.5 billion, now expecting premium and service revenues to be between $134.5 billion and $137.5 billion. This adjustment is attributed to higher commercial premium revenue, stemming from a more successful marketplace open enrollment than initially anticipated.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:08 am

SPOT

Spotify reported Q1 results with 618 million Monthly Active Users (MAUs), 239 million Premium Subscribers, and total revenue of €3.6 billion, slightly below the estimated €3.673 billion.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 11:08 am

JPM

JPMorgan Chase aims to expand its physical presence by building 500 new branches within the next three years, with a strategic goal of securing a 20% share of U.S. deposits.

Portfolio Pulse from Charles Gross

February 06, 2024 | 10:32 am

EWU

The S&P Global/CIPS U.K. Construction Purchasing Managers Index (PMI) for January was reported at 48.8, surpassing the estimated 47.2 and the previous month's 46.8. This indicates a less severe contraction in the U.K. construction sector than anticipated.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:18 am