Streetbeat News

Revenues

PI

Impinj has released its financial outlook for Q4 2024, projecting EPS between $0.45 and $0.49, surpassing the estimated $0.40. Revenue is expected to be between $91M and $94M, also above the $90.09M estimate. The company anticipates a GAAP net loss but a positive adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:19 pm

FAF

First American Financial (NYSE:FAF) reported Q3 2024 earnings per share of $1.34, surpassing the expected $1.14, marking a 17.54% beat. However, sales were $1.406 billion, missing the $1.474 billion estimate and showing a 5.06% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:19 pm

PI

Impinj reported Q3 earnings of $0.56 per share, surpassing the $0.48 estimate, and sales of $95.20M, exceeding the $92.88M estimate. This marks a 46.45% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:18 pm

MORN

Morningstar reported its Q3 2024 financial results with an adjusted EPS of $2.00, meeting expectations, and sales of $569.4 million, surpassing the estimated $565.745 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:17 pm

CLS

Celestica has announced its Q4 2024 revenue forecast of $9.60 billion, surpassing the estimated $9.45 billion. Additionally, the company projects non-IFRS earnings of $3.85 per share, exceeding the estimated $3.62 per share.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:17 pm

MOH

Molina Healthcare reaffirms its FY24 guidance with expected premium revenue of approximately $38 billion and adjusted earnings per share of at least $23.50. This represents a 17% increase in revenue and 13% growth in earnings over 2023, driven by strong Marketplace performance and higher net investment income.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:17 pm

NOW

ServiceNow has provided its revenue guidance for Q4 and FY24, which falls short of analyst estimates. The company expects Q4 revenue between $2.875 billion and $2.880 billion, and FY24 revenue between $10.655 billion and $10.660 billion, compared to the estimated $10.806 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:16 pm

GL

Globe Life reported Q3 2024 GAAP EPS of $3.44, surpassing the estimate of $3.01. However, sales were $1.455 billion, slightly below the expected $1.464 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:16 pm

CLS

Celestica (NYSE:CLS) reported Q3 2024 earnings of $1.04 per share, surpassing the $0.93 estimate. Sales reached $2.50 billion, exceeding the $2.41 billion estimate and marking a 22.37% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:16 pm

LC

LendingClub projects loan originations between $1.8B and $1.9B, and pre-provision net revenue (PPNR) of $60M to $70M for Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:15 pm