Streetbeat News

Revenues

BA

Boeing's CEO acknowledged a loss of trust in the company but highlighted a significant backlog of approximately $500 billion. This indicates potential future revenue despite current challenges.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:32 am

NEE

NextEra Energy reported Q3 2024 earnings per share of $1.03, beating estimates of $0.98, marking a 9.57% increase from last year. However, sales were $7.567 billion, missing the $8.054 billion estimate, though up 5.51% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:31 am

HLT

Hilton Worldwide's Q3 earnings beat estimates with an EPS of $1.92, but revenues missed expectations. Despite strong occupancy and growth in management fees, the stock dipped due to a lackluster outlook, with lowered FY24 GAAP EPS guidance. The company continues to expand, especially in Asia Pacific.

Portfolio Pulse from Nabaparna Bhattacharya

October 23, 2024 | 11:29 am

NTRS

Northern Trust (NASDAQ:NTRS) reported Q3 2024 earnings per share of $1.96, surpassing the analyst estimate of $1.74 by 12.64%. The company's sales were $1.969 billion, exceeding the expected $1.876 billion and marking a 14.01% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:17 am

ICE

Intercontinental Exchange (ICE) reported a record-breaking activity in its interest rate derivatives markets, with over 190 million contracts traded in Q3 2024, surpassing the previous record from Q1 2020.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:10 am

WGO

Winnebago Industries has provided a revenue forecast for fiscal 2025, expecting consolidated revenues between $2.9 billion and $3.2 billion, which is below the $3.2 billion estimate. The company also projects adjusted EPS of $3.00 to $4.50, compared to the $5.35 estimate.

Portfolio Pulse from Nabaparna Bhattacharya

October 23, 2024 | 11:08 am

WGO

Winnebago Industries reported Q4 earnings of $0.28 per share, missing the $0.89 estimate, and a significant decrease from last year's $1.41. However, sales of $720.90M slightly beat the $719.14M estimate, despite a year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:08 am

WPP

WPP has reaffirmed its FY24 outlook, projecting like-for-like revenue less pass-through costs to be between -1% and 0%. The company anticipates a tougher comparative in Q4 compared to Q3, amidst macroeconomic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:06 am

WPP

WPP's Q3 trading update shows a 1.4% increase in revenue, with a 4.1% rise on a like-for-like basis. Revenue less pass-through costs increased by 0.5% on a like-for-like basis.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:05 am

HCSG

Healthcare Services Group has reaffirmed its Q4 2024 revenue guidance of $430M-$440M, aligning closely with the consensus estimate of $435.09M. The company also maintains its FY 2024 cash flow forecast of $40M-$55M.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:03 am