Streetbeat News

Revenues

MGY

Magnolia Oil & Gas anticipates its Q4 D&C capital to be around $125 million, bringing the total 2024 capital budget to $450-$480 million. The increased activity is expected to enhance capital efficiency and flexibility in 2025, with Q4 production volumes projected at 93 Mboe/d, indicating high single-digit growth.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:27 pm

TWLO

Twilio has raised its guidance for Q4 2024, expecting adjusted income from operations to be between $700M and $710M, up from the previous range. The company also increased its full-year 2024 free cash flow and organic revenue growth expectations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:27 pm

CPSH

CPS Technologies has secured a $12 million contract to supply power module components and related solutions to a customer. This contract is a significant development for the company, potentially impacting its financial performance positively.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:26 pm

COMP

Compass reported Q3 sales of $1.494 billion, slightly missing the analyst estimate of $1.497 billion. However, this represents an 11.74% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:26 pm

BHE

Benchmark Electronics has provided guidance for Q4 revenue to be between $640 million and $680 million, with adjusted EPS expected to range from $0.53 to $0.59.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:26 pm

ZIMV

ZimVie has adjusted its FY2024 guidance, narrowing its adjusted EPS range to $0.57-0.62, above the analyst estimate of $0.54. The sales guidance is also narrowed to $450.00M-455.00M, aligning closely with the $452.20M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:26 pm

KRG

Kite Realty Group Trust reported Q3 2024 earnings per share of $0.08, surpassing the analyst estimate of $0.07. However, its sales of $208.25 million slightly missed the expected $209.05 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:25 pm

RYAN

Ryan Specialty Holdings has provided its full year 2024 guidance, expecting an organic revenue growth rate between 13.0% and 14.0% and an adjusted EBITDAC margin between 32.0% and 32.5%. The company cannot provide a comparable outlook for total revenue growth rate or net income margin due to forecasting difficulties.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:25 pm

HLI

Houlihan Lokey reported better-than-expected Q2 2025 earnings with an adjusted EPS of $1.46, surpassing the $1.31 estimate. Sales also exceeded expectations at $574.957 million, marking a 23.12% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:25 pm

BHE

Benchmark Electronics reported Q3 2024 earnings per share of $0.57, surpassing the analyst estimate of $0.54. Sales were $658 million, exceeding the $650 million estimate, but down 8.57% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:24 pm