Streetbeat News

Revenues

PSN

Parsons has been awarded a seat on a $225 million contract by the US Army Corps of Engineers for environmental remediation, supported by the Infrastructure Investment and Jobs Act.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:38 am

CMC

Commercial Metals (NYSE:CMC) reported Q4 2024 earnings per share of $0.90, slightly beating the estimate of $0.89, but sales of $1.996 billion missed the $2.001 billion estimate. Both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:37 am

RIG

Transocean has secured a $193 million, one-year contract for its Deepwater Conqueror with an undisclosed operator in the US Gulf of Mexico. The contract is set to begin in October 2025 and will add to the company's backlog.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:35 am

DOOO

BRP Inc. has started the sale process for its marine businesses, expecting completion by Q1 2026. The company does not anticipate any impact on its FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:34 am

SNA

Snap-on reported Q3 2024 earnings per share of $4.70, surpassing the analyst estimate of $4.59. However, its sales of $1.147 billion fell short of the $1.157 billion estimate, marking a 1.04% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:32 am

MS

SPY

USO

U.S. markets closed higher with the Dow Jones hitting a record high, driven by strong earnings from Morgan Stanley. Most sectors on the S&P 500 ended higher, with utilities, financials, and real estate stocks leading the gains. Crude oil prices remained steady amid Middle East developments.

Portfolio Pulse from Akanksha Bakshi

October 17, 2024 | 10:25 am

INFY

Infosys has updated its revenue growth guidance for FY25 to 3.75%-4.50% in constant currency, up from the previous 3%-4%. The company also reiterated its operating margin guidance of 20%-22%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:25 am

INFY

Infosys reported Q2 2025 earnings per share of $0.19, meeting analyst expectations, and sales of $4.894 billion, surpassing the $4.841 billion estimate. This represents a 3.73% increase from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:22 am

WNS

WNS (Hldgs) reported Q2 earnings of $1.13 per share, beating the $0.99 estimate, but sales of $310.70M missed the $314.76M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

ELV

Elevance Health reported its Q3 2024 financial results, with adjusted EPS of $8.37, missing the estimate of $9.66. However, the company exceeded sales expectations, reporting $44.719 billion compared to the estimated $43.330 billion.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:01 am