Streetbeat News

Revenues

CSTM

Constellium reported Q3 earnings per share of $0.02, missing the estimate of $0.38. The company's sales were $1.80 billion, falling short of the expected $1.94 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:05 am

TMO

Thermo Fisher Scientific has reaffirmed its 2024 revenue guidance, projecting revenues between $42.4 billion and $43.3 billion, which aligns closely with the consensus estimate of $42.91 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:04 am

TNL

Travel+Leisure (NYSE:TNL) reported Q3 earnings of $1.57 per share, beating estimates of $1.49, but sales of $993M missed the $1.01B estimate. Earnings increased by 1.95% year-over-year, while sales rose by 0.71%.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:03 am

HLT

Hilton Worldwide has reiterated its FY24 adjusted EPS outlook of $6.93-$7.03, slightly below the $7.06 estimate. The company projects a 2.0-2.5% increase in RevPAR, net income between $1,405M and $1,429M, and adjusted EBITDA between $3,375M and $3,405M. Capital return is expected to be around $3.0 billion.

Portfolio Pulse from Mohit Manghnani

October 23, 2024 | 10:03 am

KBR

KBR reported Q3 earnings of $0.84 per share, meeting analyst expectations, and a 12% increase from last year. However, sales of $1.95 billion slightly missed the $1.96 billion estimate, despite a 10% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:02 am

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