Streetbeat News

Revenues

RS

Reliance (NYSE:RS) reported Q3 2024 earnings per share of $3.64, slightly missing the analyst estimate of $3.66. However, the company exceeded sales expectations with $3.420 billion, surpassing the $3.379 billion estimate. Sales decreased by 5.60% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:52 am

LTH

Life Time Group Holdings has raised its FY2024 sales guidance from a range of $2.56 billion-$2.59 billion to a more precise $2.60 billion, surpassing the estimated $2.586 billion.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:51 am

FTI

TechnipFMC reported $2.5 billion in subsea inbound orders for Q3, with a book-to-bill ratio of 1.2x. The total company inbound orders were $2.8 billion, increasing the backlog to a record $14.7 billion.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:51 am

NOC

Northrop Grumman reported Q3 2024 earnings per share of $7.00, surpassing the analyst estimate of $6.08, marking a 13.27% increase from last year. However, sales of $9.996 billion fell short of the $10.181 billion estimate, despite a 2.26% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:50 am

CNX

CNX Resources reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.30, marking a 208.33% increase from the previous year. Sales reached $424.210 million, exceeding the $388.497 million estimate and showing a 21.03% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:48 am

LTH

Life Time Group Holdings (NYSE:LTH) reported Q3 2024 earnings of $0.26 per share, surpassing the $0.19 estimate and doubling last year's $0.13. Sales reached $693.234M, exceeding the $678.637M estimate and marking an 18.46% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:47 am

LNN

Lindsay Corporation reported its Q4 2024 financial results, with GAAP EPS of $1.17, surpassing the estimated $1.02. The company's sales reached $155 million, exceeding the forecasted $145.47 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:47 am

KO

MCD

U.S. markets closed lower due to rising Treasury yields affecting mega-cap stocks. McDonald's and Coca-Cola were impacted by corporate news. Crude oil prices rose over 2% due to geopolitical tensions, while gold also advanced. European markets gained as investors focused on earnings and economic data.

Portfolio Pulse from Akanksha Bakshi

October 24, 2024 | 10:44 am

DOV

Dover Corporation has lowered its adjusted EPS outlook for 2024 from $9.05-$9.20 to $8.08-$8.18, and its revenue growth forecast from 3%-4% to 1%-3%. The guidance excludes the Environmental Solutions Group business unit.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:43 am

AIRS

AirSculpt has updated its 2024 revenue guidance to $183M-$189M, slightly adjusting from the previous $180M-$190M range and aligning closely with the consensus of $184.563M. The company maintains its 2024 full-year adjusted EBITDA outlook of $23M-$28M.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:43 am