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Revenues

SHW

Sherwin-Williams projects its Q4 and full-year 2024 net sales to be flat to up by a low-single digit percentage. The company expects an effective tax rate in the low twenty percent range and diluted net income per share between $10.30 and $10.60, with adjusted figures between $11.10 and $11.40.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:06 am

TSLA

Tesla saw a 31% increase in new car registrations in the EU in September, but this rise is insufficient to offset the year's overall decline. Tesla's market share in the EU is now 3.9%, with total registrations down 7.6% year-to-date. Tesla's Q3 earnings are anticipated on Oct. 23.

Portfolio Pulse from Anan Ashraf

October 22, 2024 | 11:06 am

SHW

Sherwin-Williams has reiterated its 2024 adjusted EPS guidance to be between $11.10 and $11.40, slightly below the previous estimate of $11.50. The company expects net sales to be flat to up by a low-single digit percentage.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:04 am

FI

Fiserv reported Q3 earnings of $2.30 per share, surpassing the $2.26 estimate, and sales of $5.21 billion, exceeding the $4.90 billion estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:04 am

VZ

Verizon has reaffirmed its 2024 financial guidance, projecting wireless revenue growth between 2.0% and 3.5%, adjusted EPS of $4.50 to $4.70, and capital expenditures ranging from $17 billion to $17.5 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:03 am

RTX

RTX has raised its 2024 financial outlook, increasing its adjusted sales forecast to $79.25B-$79.75B and adjusted EPS to $5.50-$5.58. The company cites strong demand in commercial aftermarket and defense sectors as key drivers.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:03 am

PM

Philip Morris International reported Q3 2024 earnings per share of $1.97, surpassing the analyst estimate of $1.82. The company's sales reached $9.91 billion, exceeding the expected $9.69 billion and marking an 8.42% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:03 am

MCO

Moody's reported strong Q3 2024 earnings, with an adjusted EPS of $3.21, surpassing the $2.86 estimate, and sales of $1.81 billion, exceeding the $1.70 billion estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:02 am

PNR

Pentair has announced its Q4 adjusted EPS to be $1.02, matching estimates, but its sales are projected to be between $965M and $975M, which is below the estimated $989.2M.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 11:00 am

PNR

Pentair has raised its FY24 adjusted EPS guidance to approximately $4.27, up from $4.25, and reaffirmed its sales guidance to be roughly flat to down 1%. The company estimates a 14% increase in adjusted EPS compared to 2023.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:57 am