Streetbeat News

Revenues

MEDP

Medspace has revised its FY24 revenue guidance to $2.090B-$2.130B, which is below the previous estimate of $2.138B. However, the company expects its GAAP EPS to be between $11.71 and $12.09, surpassing the earlier estimate of $11.56.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:27 pm

CCNE

CNB Financial (NASDAQ:CCNE) reported Q3 earnings of $0.61 per share, surpassing the $0.57 estimate, and sales of $47.49M, exceeding the $47.20M estimate. Both earnings and sales showed slight increases from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:24 pm

SSD

Simpson Manufacturing Co. updates its 2024 financial outlook, anticipating a decrease in U.S. housing starts, with an operating margin of 19.0%-19.5% and an effective tax rate of 25.3%-25.8%. Capital expenditures are projected at $175-$185 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:23 pm

KREF

KKR Real Estate Finance (NYSE:KREF) reported Q3 2024 earnings per share of $0.37, surpassing the analyst estimate of $0.34. However, sales were $37.005 million, missing the $37.867 million estimate and marking a 17.05% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:22 pm

RBB

RBB Bancorp reported Q3 earnings per share of $0.39, surpassing the analyst estimate of $0.38, despite a year-over-year decrease. Sales also exceeded expectations at $30.29 million, though slightly down from last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:20 pm

ESRT

Empire State Realty Trust reported Q3 2024 earnings per share of $0.26, beating estimates, but sales of $153.117 million missed expectations. Sales increased by 1.10% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:20 pm

IPAR

Interparfums, Inc. reported record Q3 net sales of $425 million, a 15% increase from the previous year, and reaffirmed its 2024 guidance of $1.45 billion in net sales. The growth was driven by strong performance in both European and US markets, with notable contributions from brands like Jimmy Choo, Montblanc, and GUESS. The company plans to announce its 2025 guidance on November 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:19 pm

SIGI

Selective Insurance Group reported Q3 sales of $1.24 billion, surpassing the analyst estimate of $1.17 billion and marking a 17.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:19 pm

HXL

Hexcel Corporation has provided its 2024 financial guidance, projecting sales between $1.90 billion and $1.98 billion, compared to the estimated $1.924 billion. The adjusted EPS is expected to be between $2.02 and $2.18 per share, against the estimated $2.05.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:18 pm

FLXS

Flexsteel Industries has increased its FY2025 sales guidance from a range of $420.00 million-$436.00 million to $427.00 million-$440.00 million, indicating a positive outlook for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:14 pm