Streetbeat News

Revenues

DHR

Danaher Corporation reported its Q3 2024 financial results, with adjusted EPS of $1.71 surpassing the estimated $1.57, and sales of $5.798 billion exceeding the expected $5.587 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:02 am

FUFU

BitFuFu Inc. (NASDAQ:FUFU) is acquiring a majority stake in an 80MW Bitcoin mining facility in Ethiopia, marking a strategic shift to owning mining infrastructure. This acquisition will increase their hosting capacity to over 600MW and reduce costs, while also creating local jobs.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:01 am

DDC

DayDayCook (NYSEAM:DDC) projects a 10%-14% revenue growth for FY23, has retired $4.8M in debt, and is expanding its US operations through acquisitions. The company has improved its corporate infrastructure and is focusing on strategic financial initiatives.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:08 am

SKBSY

Skanska has secured a $153 million contract for the expansion of Columbia Memorial Hospital in Astoria, Oregon. This contract will be included in Skanska's US order bookings for Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 6:47 am

CCS

Century Communities is expanding its new home offerings by launching multiple developments in the Greater Nashville Area. This move is part of their growth strategy to increase their market presence.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 6:44 am

AAPL

DIS

Disney has stopped allowing new or returning subscribers to sign up for Disney+ and Hulu through Apple's App Store, avoiding Apple's in-app purchase fees. This move aligns with Disney's strategy to boost streaming revenue through price hikes and a crackdown on password sharing. The decision reflects a broader trend of companies opposing Apple's payment policies.

Portfolio Pulse from Ananya Gairola

October 22, 2024 | 6:07 am

PAC

Grupo Aeroportuario del (NYSE:PAC) reported strong Q3 2024 earnings, with EPS of $3.13 beating estimates by 48.34% and sales of $435.1M surpassing expectations by 15.31%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 5:29 am

LOGI

Logitech has raised its fiscal year 2025 outlook, now expecting sales between $4.39 billion and $4.47 billion, up from the previous range of $4.34 billion to $4.43 billion. The company also increased its non-GAAP operating income forecast to $720 million-$750 million, compared to the prior $700 million-$730 million.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:57 am

AXP

UBS

Jim Cramer recommends buying American Express (AXP) shares despite a recent dip, citing strong earnings, credit quality, and appeal to younger customers. The company reported a significant earnings beat but missed revenue estimates, leading to a stock price drop. Cramer believes Wall Street underestimates AXP's long-term growth potential.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 1:38 am

BOW

Bowhead Specialty anticipates Q3 adjusted EPS of $0.36 to $0.39, surpassing estimates of $0.32. Gross written premiums are expected to rise 27% to 34% year over year, reaching $193 million to $200 million. Net income is projected between $11.5 million and $12.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:50 pm