Streetbeat News

Revenues

ORLY

O'Reilly Auto Parts has released its financial guidance for FY24, projecting total revenue between $16.6 billion and $16.8 billion, slightly below the estimated $16.75 billion. The company also forecasts diluted EPS between $40.60 and $41.10, which is slightly below the estimated $41.14.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:34 pm

TMUS

T-Mobile US Inc (NASDAQ:TMUS) reported strong Q3 results, with earnings and revenue surpassing analyst expectations. Service revenues grew 5% year-over-year, and free cash flow increased by 29%. The company raised its 2024 guidance, expecting significant postpaid net customer additions and increased EBITDA.

Portfolio Pulse from Erica Kollmann

October 23, 2024 | 8:32 pm

WH

Wyndham Hotels & Resorts reported Q3 2024 earnings per share of $1.39, slightly beating the estimate of $1.38. However, sales were $396 million, missing the $414.24 million estimate and showing a 1.49% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:31 pm

VLTO

Veralto (NYSE:VLTO) reported Q3 2024 earnings per share of $0.89, surpassing the analyst estimate of $0.85. The company's sales reached $1.314 billion, exceeding the expected $1.304 billion and marking a 4.70% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:31 pm

APO

Apollo Global Management (NYSE:APO) has significantly outperformed the market over the past decade, with an annualized return of 19.66%. A $1000 investment in APO 10 years ago would now be worth $6,195.08. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 8:30 pm

PWR

Quanta Services (NYSE:PWR) has significantly outperformed the market over the past 15 years, with an annualized return of 19.26%. A $1000 investment in PWR 15 years ago would now be worth $14,615.35, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 8:30 pm

URI

United Rentals shares declined following disappointing Q3 results and a narrowed FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:30 pm

ACIC

American Coastal Insurance (ACIC) reports a $16.2M loss from Hurricane Milton in Q4 2024, with $13M in reinstatement premiums from Oct 2024 to May 2025. Despite the losses, ACIC's reinsurance strategy keeps them well-positioned for future events.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:30 pm

WSBC

Wesbanco (NASDAQ:WSBC) reported Q3 earnings of $0.56 per share, beating estimates by 9.8%, despite a 5.08% decrease from last year. Sales were $121.14M, surpassing expectations by 0.33% and increasing 2.94% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:29 pm

FNLC

First Bancorp reported its Q3 earnings with an EPS of $0.68 and net interest income of $16.4 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:29 pm