Streetbeat News

Revenues

HLT

Hilton Worldwide reported a 1.4% increase in system-wide comparable RevPAR for Q3, indicating a positive performance in its revenue per available room metric.

Portfolio Pulse from Mohit Manghnani

October 23, 2024 | 10:01 am

VRT

Vertiv Holdings has raised its FY24 revenue guidance to a range of $7.78 billion to $7.83 billion, up from the previous range of $7.59 billion to $7.74 billion. This new guidance surpasses the estimated $7.725 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:00 am

VRT

Vertiv Holdings reported Q3 2024 earnings per share of $0.76, surpassing the analyst estimate of $0.69. The company's sales reached $2.074 billion, exceeding the expected $1.977 billion and marking an 18.99% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:58 am

EDU

New Oriental Education reported a significant increase in the number of schools and learning centers, reaching 1,089 as of August 31, 2024, compared to 793 a year earlier.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:25 am

LAD

Lithia Motors reported Q3 2024 earnings per share of $8.21, surpassing the analyst estimate of $7.60. However, their sales of $9.221 billion fell short of the expected $9.482 billion, despite being an 11.41% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:23 am

EWJ

TSLA

Tesla is set to retail its home batteries in Japan through a partnership with the Yamada chain, as reported by Nikkei. This move marks Tesla's entry into the Japanese home energy market, potentially boosting its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:12 am

DB

Deutsche Bank is on track to meet its 2024 revenue target of €30 billion, surpassing the estimated €29.44 billion. The bank is maintaining cost control measures and has a credit loss provision of €1.8 billion. The CFO expressed confidence in meeting future goals due to strong capital and balance sheet positions.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:09 am

EDU

New Oriental Education forecasts Q2 FY2025 revenue between $851.4M and $871.8M, below the $1.033B estimate, but still a 25%-28% YoY increase.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:04 am

NJDCY

Nidec reported Q2 2024 earnings with a GAAP EPS of $0.11, missing the $0.13 estimate, but sales of $4.337 billion exceeded the $4.171 billion estimate. Sales increased by 5.39% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:05 am

TRUG

TruGolf forecasts a year-over-year revenue growth of 8%-12% for the second half of 2024, driven by an expanding franchise model and increased product demand. The company also expects EBITDA to exceed $500,000, indicating a return to profitability.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 6:44 am