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Revenues

KMB

Kimberly-Clark has revised its 2024 organic net sales growth forecast to 3%-4%, down from a mid-single digit rate, due to changes in retail inventory levels. Reported net sales will also face negative impacts from currency translation and divestitures.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:39 am

GIB

CGI's subsidiary has been awarded three task orders by the US Department of State to support visa application processing in various regions. The orders are part of a larger contract with a total value of $137.3M, extending services through 2032.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:38 am

KMB

Kimberly-Clark reported its Q3 2024 financial results, with adjusted EPS of $1.83 beating the estimate of $1.70, but sales of $4.952 billion missing the expected $5.048 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:37 am

HRI

Herc Holdings has raised its FY24 equipment rental revenue growth outlook from 7%-10% to 9.5%-11%. The company also updated its guidance on rental capital expenditures while maintaining its adjusted EBITDA guidance, excluding the Cinelease business.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:34 am

PHM

PulteGroup reported net new orders for 7,031 homes in Q3, with a backlog of 12,089 homes valued at $7.7 billion. The value of net new orders increased by 3% over last year, and the average community count rose by 4%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:34 am

PHM

PulteGroup reported its Q3 2024 financial results, with GAAP EPS of $3.35, surpassing the estimated $3.15. The company's sales reached $4.476 billion, exceeding the expected $4.255 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:31 am

HRI

Herc Holdings reported Q3 2024 earnings per share of $4.35, missing the consensus estimate of $4.48, but showed an 8.75% increase from last year. Sales were $965 million, beating the estimate of $931.31 million and marking a 6.28% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:31 am

GM

General Motors reported its Q3 2024 earnings, with an adjusted EPS of $2.96, surpassing the estimated $2.43. The company's sales also exceeded expectations, reaching $48.757 billion compared to the forecasted $44.585 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:30 am

GE

GE Aerospace projects high single-digit growth in adjusted revenue for 2024, with adjusted EPS expected between $4.20 and $4.35, and operating profit ranging from $6.7 billion to $6.9 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:26 am

GE

General Electric's aviation segment reported a Q3 GAAP revenue of $9.842 billion, indicating strong performance in this sector.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:25 am