Streetbeat News

Revenues

VRN

Veren (NYSE:VRN) reported Q3 2024 earnings per share of C$0.29, missing the estimate of C$0.30, but sales of C$992.9M exceeded the estimate of C$950.95M. Earnings decreased by 50.85% from last year, while sales slightly decreased by 0.58%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:36 am

UTZ

Utz Brands has reaffirmed its outlook for FY24, expecting organic net sales growth of 2%-2.5% and projecting adjusted earnings per share growth of 28%-32%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:35 am

MBLY

Mobileye Global has updated its FY24 revenue guidance to a range of $1.62 billion to $1.66 billion, slightly narrowing from the previous range of $1.60 billion to $1.68 billion. The new guidance is close to the analyst estimate of $1.65 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:35 am

EL

Estee Lauder has withdrawn its FY25 guidance due to uncertainties in the stabilization of the Mainland China market and Asia travel retail, as well as leadership changes.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:34 am

CMS

CMS Energy reported Q3 2024 earnings per share of $0.84, surpassing the analyst estimate of $0.78. However, their sales of $1.743 billion fell short of the expected $1.880 billion, despite a 4.18% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:32 am

VNT

Vontier reported its Q3 2024 financial results, with adjusted EPS of $0.73 beating the estimate of $0.69, and sales of $750 million surpassing the expected $728.342 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:32 am

ETN

Eaton Corp reported Q3 2024 earnings per share of $2.84, surpassing the analyst estimate of $2.80, marking a 14.98% increase from last year. However, sales of $6.345 billion fell short of the $6.374 billion estimate, despite a 7.91% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:31 am

DINO

HF Sinclair reported Q3 2024 earnings per share of $0.51, surpassing the analyst estimate of $0.32. The company's sales were $7.207 billion, exceeding the expected $6.833 billion, despite a 19.07% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:31 am

BAND

Bandwidth (NASDAQ:BAND) reported Q3 2024 earnings of $0.43 per share, surpassing the $0.32 estimate, and sales of $194M, exceeding the $181.992M estimate. This marks a 27.62% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:30 am

LI

Li Auto reported a 23.6% increase in Q3 revenue, surpassing analyst expectations. Despite beating earnings estimates, the stock fell due to a lower-than-expected Q4 revenue outlook. Li Auto achieved a milestone of one million vehicle deliveries and expects Q4 deliveries to rise significantly. The stock has dropped 23% year-to-date amid economic challenges.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 10:28 am