Streetbeat News

Revenues

NGVT

Ingevity has reaffirmed its full-year guidance, projecting sales between $1.40 billion and $1.50 billion, and adjusted EBITDA between $350 million and $360 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

PK

Park Hotels & Resorts reported Q3 2024 earnings per share of $0.49, meeting analyst expectations, and sales of $649 million, slightly surpassing estimates. However, sales decreased by 4.42% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

BXP

Boston Properties (NYSE:BXP) reported Q3 2024 FFO per share of $1.81, meeting analyst expectations. The company's sales were $859.23 million, surpassing the $834.62 million estimate and marking a 4.24% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

CTRE

CareTrust REIT reported Q3 earnings per share of $0.38, meeting analyst expectations, and sales of $77.38 million, significantly beating estimates. This represents an 8.57% increase in EPS and a 38.48% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:18 pm

AMD

AMD projects its Q4 2024 revenue to be around $7.5 billion, with a potential variance of $300 million. This forecast indicates a 22% year-over-year growth and a 10% sequential increase. The non-GAAP gross margin is expected to be approximately 54%.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:18 pm

SPY

The fiscal plans of Donald Trump and Kamala Harris for the 2024 U.S. presidential election could significantly increase the national debt. Trump's plan may add $7.75 trillion, while Harris's could add $3.95 trillion by 2035. These plans are impacting financial markets, with rising Treasury yields and potential inflationary pressures. Gold prices, tracked by SPDR Gold Trust (NYSE:SPY), have reached record highs, indicating market anticipation of policy shifts.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 8:17 pm

NGVT

Ingevity reported Q3 2024 earnings per share of $1.10, surpassing the analyst estimate of $0.90. However, their sales of $376.90 million fell short of the expected $384.27 million, marking a 15.49% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:17 pm

EXR

Extra Space Storage reported Q3 2024 Core FFO of $2.07 per share, beating estimates, but sales of $710.87M missed expectations. Despite the sales miss, both FFO and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:17 pm

AMD

Advanced Micro Devices (AMD) reported Q3 2024 earnings per share of $0.92, meeting analyst expectations. The company's sales were $6.80 billion, surpassing the $6.71 billion estimate and marking a 17.24% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:17 pm

CB

Chubb reported Q3 earnings of $5.72 per share, beating estimates of $4.98, marking a 15.56% increase from last year. However, sales of $12.28 billion missed the $12.54 billion estimate, though they increased by 5.36% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:16 pm