Streetbeat News

Revenues

SCL

Stepan Company (SCL) anticipates delivering $50M in pre-tax savings in 2024, which will counterbalance future inflation and increased expenses associated with the planned commissioning of new Pasadena alkoxylation assets.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:08 am

XOS

Xos, an electric vehicle manufacturer, has delivered 105 units to end customers in the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:05 am

NDAQ

Nasdaq's Q3 Solutions Businesses revenues have increased by 9% to $694M, while Trading Services net revenues have decreased by 1% to $236M.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:03 am

PG

P&G has reiterated its FY24 adjusted EPS guidance of $6.25 - $6.43, which is in line with the $6.38 estimate. The company expects a revenue growth of 2% - 4% year over year. Despite an incremental $600 million after-tax foreign exchange headwind, P&G maintains its EPS range and outlook for organic sales growth of 4% - 5%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:58 am

WIT

Wipro Limited expects to generate between $2.617 billion and $2.672 billion in revenue from IT services in Q3.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:38 am

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) plans to implement a new boarding process for economy class passengers, prioritizing those with window seats. The change, referred to as WILMA (window-middle-aisle), is expected to save up to two minutes per flight and will be implemented on October 26. The company has tested the method at five airports and found it effective. The change will apply to domestic and select international flights. United's Q3 results showed a 12.5% YoY increase in total operating revenue to $14.48 billion.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2023 | 10:13 am

VGK

The Eurozone's September Consumer Price Index (CPI) and Core CPI both met estimates, with a month-on-month increase of 0.3% and 0.2% respectively.

Portfolio Pulse from Charles Gross

October 18, 2023 | 9:03 am

WDS

Woodside Energy reported 3Q23 revenue of $3.269B, down 44% YoY but up 6% sequentially. The company delivered quarterly production of 47.8 MMboe (520 Mboe/day), up 8% sequentially. Sales volume was up 10% from Q2 2023, primarily due to higher production. The company also achieved first production at Shenzi North in September 2023, ahead of the 2024 target.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 6:45 am

ACRHF

CCHWF

CURLF

GTBIF

MMNFF

New York's legal weed shops have generated $83 million in sales year-to-date, despite licensing issues and a thriving illicit market. The state plans to open five more retail shops and is expanding the market by opening a 60-day application window for over 1,000 new licenses. The Office of Cannabis Management (OCM) has also filed emergency regulations to expand its enforcement abilities against unlicensed cannabis retailers. Medical marijuana operators in New York, including Cannabist Company Holdings Inc, Curaleaf Holdings, MedMen Enterprises, Acreage Holdings, Green Thumb Industries, and PharmaCann, are ready to begin retail recreational sales at their existing dispensaries as early as Dec. 29.

Portfolio Pulse from Maureen Meehan

October 18, 2023 | 2:03 am

BAER

Bridger Aerospace Group Holdings has projected its revenue for the quarter ended September 30 to be approximately $51M-$55M.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:37 pm