Streetbeat News

Revenues

SUZ

Suzano reported Q3 sales of $2.21 billion, an increase from the previous year due to higher net average pulp prices and increased sales volume. The company's net revenue was R$12,274 million, with 79% from exports. Revenue growth was driven by currency appreciation and sales volume, despite a decrease in pulp prices in USD.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:34 pm

PODD

Insulet (NASDAQ:PODD) has significantly outperformed the market over the past decade, with an annualized return of 19.18%. A $1000 investment in Insulet 10 years ago would now be worth $5,810.02, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 9:30 pm

COR

Cencora (NYSE:COR) has significantly outperformed the market over the past 5 years, with an annualized return of 21.48%. A $100 investment in Cencora 5 years ago would now be worth $269.09, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 9:30 pm

SAVE

Spirit Airlines has signed a binding term sheet with GA Telesis for the sale of 23 A320ceo/A321ceo aircraft, expected to total $519 million. Deliveries are planned from October 2024 to February 2025, pending final documentation and conditions.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:26 pm

COUR

Coursera's shares fell after reporting Q3 results that beat earnings and revenue estimates but provided lower FY24 revenue guidance. Despite growth in consumer, enterprise, and degrees segments, the outlook for Q4 and FY24 revenue was below expectations, leading to a 14.96% drop in share price.

Portfolio Pulse from Erica Kollmann

October 24, 2024 | 9:26 pm

SAVE

Spirit Airlines projects a significant decrease in capacity for FY25 and Q4 2024 due to aircraft sales, engine issues, and fleet changes. However, the company expects improved operating margins in Q3 2024 due to better-than-expected revenue from its transformation plan.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:23 pm

PTSI

P.A.M. Transportation reported Q3 earnings per share of $0.11, significantly beating the estimate of $0.02, but sales of $182.58M missed the $184.40M estimate. Earnings decreased by 60.71% and sales by 9.39% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:07 pm

ATR

AptarGroup reported Q3 earnings of $1.49 per share, beating estimates of $1.42, but sales of $909.29M missed the $922.32M estimate. Earnings increased by 6.43% from last year, while sales rose by 1.82%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:03 pm

MTX

Minerals Technologies (NYSE:MTX) reported Q3 2024 earnings per share of $1.51, slightly beating the estimate of $1.50. However, sales of $524.7 million missed the expected $536.075 million, marking a 4.22% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:02 pm

CRH

CRH (NYSE:CRH) has significantly outperformed the market over the past 5 years, delivering an average annual return of 20.22%. A $1000 investment in CRH 5 years ago would now be worth $2,511.10, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 9:00 pm