Streetbeat News

Revenues

SKWD

Skyward Specialty reported Q3 2024 earnings of $0.71 per share, surpassing the analyst estimate of $0.65. Sales reached $300.888 million, exceeding the expected $290.675 million. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:21 pm

UDMY

Udemy has increased its FY2024 sales guidance from a range of $776.00 million-782.00 million to $780.00 million-783.00 million, indicating a positive outlook for the company's revenue.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:20 pm

UDMY

Udemy projects Q4 sales between $193 million and $196 million, slightly below the $195.83 million estimate.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:20 pm

CTRE

CareTrust REIT has updated its 2024 financial guidance, projecting net income of $0.83-$0.84, normalized FFO of $1.49-$1.50, and normalized FAD of $1.53-$1.54 per diluted share. The guidance is based on current investments, expected acquisitions, and no new debt or equity issuances.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

NGVT

Ingevity has reaffirmed its full-year guidance, projecting sales between $1.40 billion and $1.50 billion, and adjusted EBITDA between $350 million and $360 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

PK

Park Hotels & Resorts reported Q3 2024 earnings per share of $0.49, meeting analyst expectations, and sales of $649 million, slightly surpassing estimates. However, sales decreased by 4.42% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

BXP

Boston Properties (NYSE:BXP) reported Q3 2024 FFO per share of $1.81, meeting analyst expectations. The company's sales were $859.23 million, surpassing the $834.62 million estimate and marking a 4.24% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:19 pm

CTRE

CareTrust REIT reported Q3 earnings per share of $0.38, meeting analyst expectations, and sales of $77.38 million, significantly beating estimates. This represents an 8.57% increase in EPS and a 38.48% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:18 pm

AMD

AMD projects its Q4 2024 revenue to be around $7.5 billion, with a potential variance of $300 million. This forecast indicates a 22% year-over-year growth and a 10% sequential increase. The non-GAAP gross margin is expected to be approximately 54%.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:18 pm

SPY

The fiscal plans of Donald Trump and Kamala Harris for the 2024 U.S. presidential election could significantly increase the national debt. Trump's plan may add $7.75 trillion, while Harris's could add $3.95 trillion by 2035. These plans are impacting financial markets, with rising Treasury yields and potential inflationary pressures. Gold prices, tracked by SPDR Gold Trust (NYSE:SPY), have reached record highs, indicating market anticipation of policy shifts.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 8:17 pm