Streetbeat News

Revenues

MLM

Martin Marietta Materials has reaffirmed its FY23 revenue outlook at $6.73B-$6.86B, which is in line with the $6.85B estimate.

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November 01, 2023 | 11:08 am

BHC

Bausch & Lomb has increased its FY23 revenue outlook to $4.035B-$4.085B, up from the previous estimate of $3.95B-$4.00B. However, this is still below the estimated $5.51B.

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November 01, 2023 | 11:04 am

EAT

Brinker International has reiterated its FY24 revenues guidance of $4.27 billion to $4.35 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:53 am

VRSK

Verisk has maintained its revenue guidance for 2023 at $2.63 billion to $2.66 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:51 am

EAT

Brinker International, Inc. reported a 5.8% increase in Q1 comparable restaurant sales. The company's Chili's and Maggiano's brands saw increases of 6.1% and 2.6% respectively.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:50 am

TRI

Thomson Reuters has reiterated its FY23 revenue growth forecast of 3.0%-3.5% year-on-year, against an estimate of $6.83 billion. The company also expects organic revenue growth of 6.5%-7.0% and an adjusted EBITDA margin of around 44%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:47 am

GTHX

G1 Therapeutics has lowered its 2023 net revenue guidance due to an ongoing shortage of platinum-based chemotherapy. The company now expects $44M-$47M in COSELA net revenue, down from the previous estimate of $50M-$60M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:43 am

PSN

Parsons Corporation has increased its revenue guidance for FY23 from $4.85 billion - $5.05 billion to $5.175 billion - $5.325 billion, which is higher than the estimated $5.01 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:35 am

CMCO

Columbus McKinnon expects Q3 sales of approximately $245M-$255M, up 9% YoY, slightly above the estimate of $248.98M. The company also projects to surpass $1B in revenue in FY24, close to the estimate of $1.01B, and expects a YoY gross margin expansion of 150 basis points in FY24.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:23 am

AXTA

Axalta Coating Systems anticipates its Q4 net sales to grow in low-single-digits and adjusted EBITDA to be around $250 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 10:05 am