Streetbeat News

Revenues

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

ACIC

American Coastal Insurance (ACIC) reports $3.8M in Q3 catastrophe losses from Hurricanes Debby and Helene, with $2.4M retained by AmCoastal and $1.4M by a reinsurance entity. Despite these losses, ACIC expects positive net income for Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:29 pm

TYL

Tyler Technologies has adjusted its FY24 financial outlook, narrowing its total revenue guidance to $2.125B - $2.145B and raising its adjusted EPS guidance to $9.47 - $9.62.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:28 pm

EGBN

Eagle Bancorp reported Q3 2024 earnings per share of $0.72, surpassing the expected $0.44, but sales of $71.843M fell short of the $75.203M estimate. Sales increased by 1.59% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:27 pm

EQC

Equity Commonwealth (NYSE:EQC) reported Q3 2024 earnings of $0.25 per share, surpassing the analyst estimate of $0.23. Sales reached $13.988 million, significantly beating the $7.070 million estimate, despite an 8.05% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:27 pm

ALSN

Allison Transmission has achieved significant program wins in the global defense market, expanding its presence and revenue in the wheeled defense vehicle segment through strategic partnerships and contracts with various international defense programs.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:26 pm

SLP

Simulations Plus reported Q4 earnings of $0.06 per share, beating the $0.03 estimate, but sales of $18.70M missed the $19.74M estimate. Earnings decreased by 66.67% from last year, while sales increased by 19.87%.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:25 pm