Streetbeat News

Revenues

CARS

Cars.com has projected its Q3 revenue to be between $172M and $174M, which is higher than the estimated $171.56M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:03 pm

GCI

Gannett Co has reiterated its FY23 revenue forecast of $2.75B-$2.80B, which is higher than the estimated $2.49B.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:02 pm

SHC

Sotera Health has revised its FY23 revenue guidance to $1.035B-$1.055B, down from the previous guidance of $1.055B-$1.090B. However, the company reaffirmed its adjusted EPS of $0.78-$0.86. The consensus estimates were $1.07B for revenue and $0.80 for EPS.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:02 pm

BCRX

BioCryst Pharmaceuticals expects its FY23 revenue from Orladeyo to be no less than $320M, with operating expenses expected to remain flat to 2022 at approximately $375M. The company anticipates reductions in R&D spending in 2023 due to the discontinuation of the BCX9930 and BCX9250 programs in 2022 and the delay in the BCX10013 clinical program. However, this will be offset by increases in SG&A to support the U.S. launch and global expansion of Orladeyo.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:00 pm

WBD

Warner Bros. Discovery has announced that the ongoing WGA strike will impact its cash provided by operating activities by approximately $100 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:59 pm

TKR

Timken has revised its FY23 revenue growth outlook downwards, now expecting an 8% growth at the midpoint from 2022, compared to the previous estimate of 9.5%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:59 pm

GIL

Gildan Activewear has projected its FY23 revenue to be flat or decrease by low single digits.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:59 pm

BCE

BCE Inc. has reaffirmed its financial targets for 2023, projecting revenue growth between 1% and 5%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:58 pm

H

Hyatt Hotels Corporation has updated its system-wide RevPAR1 forecast to 14%-16%, up from the previously expected 12%-16%. The company has also reaffirmed its net rooms growth at approximately 6%.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:57 pm

BBGI

Beasley Broadcast Group anticipates its current operating structure to generate positive cash flow for the remainder of the year and for the full year 2023.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:57 pm