Streetbeat News

Revenues

CSTL

Castle Biosciences has projected its FY23 revenue to be at least $180 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:26 pm

COST

Costco reported July sales of $17.6 billion, a 4.5% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:26 pm

RMAX

RE/MAX expects its Q3 revenue to be between $78.5M and $83.5M, which is lower than the estimated $82.58M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:25 pm

BAND

Bandwidth has projected its Q3 2023 revenue to be between $148M-$150M, which is significantly lower than the estimated $220.03M. The company also expects its FY23 revenue to be between $588M-$592M, falling short of the estimated $864.52M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:23 pm

CHRS

Coherus BioSciences expects its 2023 net product revenue to exceed $275 million, including at least $100 million of CIMERLI® net revenue. The company projects combined R&D and SG&A expenses for 2023 to be in the range of $315 to $335 million. This excludes the Surface Oncology acquisition cost and any potential collaboration upfront payments to Klinge Pharma or milestones payments to Junshi Biosciences.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:22 pm

WSC

WillScot Mobile Mini Holdings has updated its FY23 revenue guidance to $2.35B-$2.45B, higher than the previous estimate of $2.19B. The company's adjusted EBITDA for the same period is expected to be between $1.025B and $1.075B.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:21 pm

CERS

Cerus Corporation has projected its annual product revenue for the fiscal year 2023 to be between $160 million and $165 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:21 pm

NE

Noble Corporation has projected its FY23 revenue to be between $2.35 billion and $2.55 billion, which is in line with the estimated $2.47 billion.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:20 pm

CDAY

Ceridian HCM has issued its Q3 and FY23 revenue guidance. For Q3, it expects total revenue of $368M-$371M, a 17%-18% increase on a GAAP and constant currency basis. For FY23, it anticipates total revenue of $1.49B-$1.51B, a 20%-21% increase on a GAAP and constant currency basis. The company's Dayforce recurring revenue and tax migration from legacy infrastructure are expected to contribute significantly to this growth.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:17 pm

HI

Hillenbrand has updated its fiscal year 2023 guidance, narrowing its annual EPS to $3.40-$3.50 from $3.30-$3.50. The company has lowered its revenue estimates due to ongoing customer order delays in China and for large plastics projects. However, the midpoint of its full year adjusted EPS range has been raised due to lower interest expense and a more favorable expected tax rate of 29%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:17 pm