Streetbeat News

Revenues

TMHC

Taylor Morrison projects Q4 2024 home closings at 3,400 with an average price of $610,000 and a gross margin of 24.5%. The active community count is expected to be 330-340, with a tax rate of 25% and a diluted share count of 106 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:36 am

BSX

Boston Scientific projects Q4 2024 adjusted EPS of $0.64-$0.66, aligning with consensus estimates. The company anticipates net sales growth of 16.5-18.5% on a reported basis and 14-16% organically, excluding currency and acquisition impacts.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:35 am

BSX

Boston Scientific has raised its 2024 adjusted EPS guidance to $2.45-$2.47, surpassing prior guidance and consensus estimates. The company also forecasts significant net sales growth for the year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:34 am

LYG

Lloyds Banking Group reported Q3 earnings per share of $0.10, unchanged from last year, but sales dropped significantly by 33.31% to $4.00 billion from $6.00 billion.

Portfolio Pulse from totan@benzinga.com

October 23, 2024 | 10:34 am

GE

GE Vernova reaffirms its FY24 sales guidance, expecting revenue at the higher end of $34-$35 billion, with improved EBITDA margins and free cash flow. The Power segment anticipates mid-single digit growth, Wind aims for profitability, and Electrification expects high-teens growth.

Portfolio Pulse from Mohit Manghnani

October 23, 2024 | 10:34 am

PB

Prosperity Bancshares reported Q3 2024 earnings of $1.34 per share, surpassing the $1.31 estimate, and sales of $302.79M, exceeding the $301.479M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:34 am

WAB

Westinghouse Air Brake (NYSE:WAB) reported Q3 2024 earnings per share of $2.00, beating estimates of $1.90, marking a 17.65% increase from last year. However, sales of $2.663 billion missed the $2.692 billion estimate, though they were up 4.43% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:32 am

GEV

GE Vernov reported Q3 sales of $8.921 billion, surpassing the analyst estimate of $8.783 billion and marking a 10.14% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:31 am

BSX

Boston Scientific reported its Q3 2024 financial results, with adjusted EPS of $0.63 surpassing the estimated $0.59, and sales of $4.209 billion exceeding the expected $4.039 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:31 am

TRU

TransUnion has raised its fiscal year 2024 revenue outlook from $4.098 billion - $4.138 billion to $4.161 billion - $4.181 billion, surpassing the estimated $4.143 billion. Additionally, the adjusted EPS forecast has been increased from $3.78 - $3.90 to $3.87 - $3.93, aligning with the estimated $3.87.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:29 am