Streetbeat News

Revenues

SN

SharkNinja has raised its FY2024 adjusted EPS guidance and sales outlook, indicating stronger than expected financial performance. The company now expects adjusted EPS between $4.13 and $4.24, and sales between $5.30 billion and $5.34 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:49 am

HII

Huntington Ingalls Industries shares declined following disappointing Q3 results and a revised FY24 revenue outlook. The company also withdrew its 5-year free cash flow outlook.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:49 am

SABR

Sabre Corporation has revised its Q4 2024 revenue forecast to approximately $715 million, down from a prior estimate of $725 million, and below the consensus estimate of $721.8 million. The full-year 2024 revenue forecast is now $3.03 billion, slightly down from the previous $3.05 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:45 am

SCPX

Scorpius Holdings has announced strategic cost-saving measures expected to save over $2 million annually. These include divesting non-core assets and optimizing operational efficiency, aiming to enhance financial position and focus on high-margin growth areas.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:44 am

EME

EMCOR Group has revised its 2024 guidance, maintaining revenue expectations at a minimum of $14.5 billion, while increasing its EPS guidance to $20.50-$21.00 from the previous $19-$20 range.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:42 am

RELY

Remitly Global shares rose after the company reported strong Q3 financial results and provided Q4 revenue guidance that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:40 am

APG

APi Group has revised its fiscal year 2024 revenue outlook to approximately $7.0 billion, down from the previous range of $7.15 billion to $7.35 billion, and below the estimated $7.116 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:38 am

BSIG

BrightSphere Investment reported Q3 2024 earnings of $0.59 per share, surpassing the $0.48 estimate, and sales of $122.2M, exceeding the $111.6M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:38 am

BDC

Belden Inc. has announced its revenue and adjusted EPS expectations for Q4, projecting revenues between $645M and $660M and adjusted EPS between $1.62 and $1.72. The company expects steady order patterns across its markets.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:37 am

PHIN

Phinia reported Q3 earnings of $1.17 per share, surpassing the $0.85 estimate, marking a 69.57% increase from last year. However, sales of $839M missed the $859.64M estimate, showing a 6.36% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:36 am