Streetbeat News

Revenues

MGPI

MGP Ingredients has revised its fiscal year 2024 guidance, lowering its adjusted EPS from $6.12-$6.23 to $5.55-$5.65, and its sales guidance from $742M-$756M to $695M-$705M. This is below the market estimates of $6.24 for EPS and $755.251M for sales.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:13 pm

PINE

Alpine Income Prop Trust (NYSE:PINE) reported Q3 2024 earnings of $0.45 per share, surpassing the $0.40 estimate and showing a 21.62% increase from last year. Sales reached $13.480M, beating the $12.028M estimate and marking a 16.62% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:12 pm

MGPI

MGP Ingredients anticipates a 24% decline in Q3 sales to $161.5 million, missing the estimated $185.286 million. The Distilling Solution segment is expected to see a 36% drop in sales. Adjusted EPS is projected at $1.29, below the $1.44 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:11 pm

NFLX

Netflix shares rise as the company reports better-than-expected Q3 financial results and a 14.4% increase in global streaming paid memberships.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:09 pm

WDFC

WD-40 reported Q4 2024 earnings per share of $1.23, missing the analyst estimate of $1.34. However, the company exceeded sales expectations with $156 million, a 4.57% beat over the $149.187 million estimate and an 11.07% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:08 pm

NFLX

Netflix reported a 16% year-over-year revenue growth in both the EMEA and UCAN regions.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:08 pm

MCB

Metropolitan Bank Holding (NYSE:MCB) reported Q3 2024 earnings per share of $1.97, surpassing the analyst estimate of $1.55 by 27.1%. The company's sales were $71.52 million, exceeding the expected $66.73 million and marking a 19.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:07 pm

NFLX

Netflix anticipates higher paid net additions in Q4 compared to Q3, driven by normal seasonality and a strong content lineup.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:03 pm

NFLX

Netflix's global streaming paid memberships have increased to 282.72 million, up from 277.65 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:03 pm

NFLX

Netflix has projected its Q4 earnings per share (EPS) to be $4.23 with a revenue of $10.128 billion.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:02 pm