Streetbeat News

Revenues

ETR

Entergy's Q3 2024 earnings per share beat estimates, but sales fell short. EPS was $2.99, slightly above the $2.97 estimate, but down from $3.27 last year. Sales were $3.389 billion, missing the $3.663 billion estimate and down from $3.596 billion last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:43 am

IDXX

IDEXX Laboratories has adjusted its 2024 revenue guidance to $3.865B-$3.89B, down from previous estimates, due to macroeconomic and sector challenges affecting U.S. veterinary clinics. The company expects revenue growth of 5.5%-6.2% as reported and 5.3%-6.0% organic.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:43 am

VNT

Vontier Corp anticipates Q4 2024 revenue of $770 million, slightly above estimates, with adjusted EPS in line with expectations. Core sales are expected to grow by 1.5%, but the adjusted operating profit margin is projected to decrease by 20 basis points year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:40 am

AGIO

Agios Pharmaceuticals anticipates that its cash reserves, along with expected product revenue and interest income, will ensure financial independence. This will support potential launches of PYRUKYND, advancement of current programs, and pipeline expansion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:40 am

BAND

Bandwidth has revised its Q4 revenue guidance to $198M-$208M, surpassing the previous estimate of $189.67M. The company also projects FY24 revenue to be between $737M and $747M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

VNT

Vontier Corp has updated its FY24 outlook, projecting sales between $2.955B and $2.985B, slightly narrowing its previous range. The company expects adjusted EPS to be between $2.86 and $2.92, with a flat operating profit margin year-over-year. Q4 sales are expected to be around $770 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

MRK

Merck has updated its 2024 financial outlook, slightly adjusting its sales guidance to $63.6B-$64.1B from the previous $63.4B-$64.4B, and below the consensus of $64.162B. The company also revised its non-GAAP EPS to $7.72-$7.77 from $7.94-$8.04.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

ATGFF

AltaGas reported a 42.86% increase in Q3 EPS to $0.10, despite a 10.49% decrease in sales to $2.02 billion compared to the previous year.

Portfolio Pulse from totan@benzinga.com

October 31, 2024 | 10:38 am

BAND

Bandwidth has provided its Q4 and FY24 revenue guidance. The company expects Q4 revenue to be between $198M and $208M, surpassing the estimated $189.67M. However, its FY24 revenue guidance of $737M-$747M falls short of the $748.53M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

ETN

Eaton has released its Q4 2024 financial expectations, forecasting adjusted EPS between $2.78 and $2.84, slightly above the consensus estimate of $2.81. The company also anticipates organic growth of 6-7% and segment margins of 23.6-24.0%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am