Streetbeat News

Revenues

REXR

Rexford Industrial Realty reported Q3 2024 earnings per share of $0.59, meeting analyst expectations. The company's sales were $241.843 million, surpassing the $239.860 million estimate and marking an 18.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:10 pm

SLG

SL Green Realty Corp. has signed a significant lease renewal and expansion with Bloomberg, covering 925,000 square feet. This includes an 11-year lease extension and a 175,841 square foot expansion, indicating strong leasing momentum for 2024 and a projected increase in Manhattan office occupancy to 92.5% by year-end.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:10 pm

CCI

Crown Castle (NYSE:CCI) reported Q3 2024 AFFO of $1.84 per share, beating estimates of $1.78, and sales of $1.65 billion, surpassing the $1.63 billion estimate. AFFO increased by 3.95% year-over-year, while sales decreased by 0.90%.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:08 pm

KMI

Kinder Morgan reported Q3 2024 earnings of $0.25 per share, missing the consensus estimate of $0.27. Sales were $3.699 billion, below the expected $3.975 billion, and down 5.32% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:06 pm

BANR

Banner (NASDAQ:BANR) reported Q3 2024 earnings per share of $1.30, surpassing the analyst estimate of $1.16. However, sales were slightly below expectations at $135.700 million, a 12.13% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:02 pm

OR

Osisko Gold Royalties (NYSE:OR) has outperformed the market over the past 5 years with an average annual return of 16.34%, resulting in a $100 investment growing to $212.93. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:02 pm

HCA

HCA Healthcare (NYSE:HCA) has significantly outperformed the market over the past 5 years, with an annualized return of 26.8%. A $1000 investment in HCA 5 years ago would now be worth $3,321.50, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:02 pm

BE

Bloom Energy (NYSE:BE) has been analyzed by 7 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $14.0, down 8.44% from the previous $15.29. Analysts have adjusted their ratings and price targets, reflecting recent market conditions and company performance. Despite positive revenue growth and a strong market capitalization, Bloom Energy faces challenges with high debt levels and below-industry-standard ROE.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm

IEX

IDEX (NYSE:IEX) has received mixed analyst ratings, with a recent average price target of $233.17, down 3.05% from the previous $240.50. Analysts have adjusted their ratings and price targets, reflecting varied sentiments. IDEX faces revenue challenges but maintains strong net margins.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm

USAC

Analysts have provided mixed ratings for USA Compression Partners (NYSE:USAC) over the past three months, with all four analysts expressing an indifferent stance. The average 12-month price target is $25.0, a 2.61% decline from the previous target. Analysts have adjusted their ratings and price targets, reflecting their response to market conditions and company performance. Despite challenges like a high debt-to-equity ratio, USAC has shown strong revenue growth and profitability.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm