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Revenues

CWST

Casella Waste Systems is set to acquire Royal Carting and Welsh Sanitation, with the deal expected to close in Q4. The acquisition is projected to generate over $90 million in annualized revenue.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:03 pm

RBLX

Roblox (NYSE:RBLX) has received mixed analyst ratings over the past three months, with a recent increase in average price targets. Analysts have raised their ratings and price targets, reflecting a positive sentiment shift. Despite strong revenue growth, Roblox faces challenges with profitability, ROE, ROA, and high debt levels.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 12:01 pm

IRT

Analysts have provided mixed ratings for Independence Realty Trust (IRT), with recent upgrades in price targets. The average 12-month price target is now $21.25, reflecting a 13.33% increase. Despite revenue challenges, IRT shows strong profitability and financial management.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 12:01 pm

NSA

Analysts have provided mixed evaluations for National Storage (NYSE:NSA) over the past three months, with a shift towards more neutral and somewhat bearish ratings. The average 12-month price target has increased to $41.36, reflecting an 11.78% rise from the previous target. Despite the positive price target adjustments, National Storage faces financial challenges, including a decline in revenue, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 12:00 pm

MBLY

Mobileye has decided to end its internal lidar development, which is not expected to materially impact its 2024 results. This move will avoid future lidar development spending, with 2024 operating expenses for the lidar R&D unit estimated at $60 million.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 11:40 am

ONDS

Ondas Holdings Inc. has secured an $8 million order from a major military customer for its Iron Drone Raider systems, marking its expansion into defense markets. This is a significant milestone for Ondas, as it anticipates further growth with military and security customers globally.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 11:38 am

MEOH

MGNR

Methanex Corporation (NASDAQ:MEOH) is set to acquire OCI Global's international methanol business for $2.05 billion, enhancing its global production by over 20%. The acquisition is expected to be immediately accretive to free cash flow per share and add $275 million to annual Adjusted EBITDA. The deal is anticipated to close in the first half of 2025, pending regulatory approvals.

Portfolio Pulse from Lekha Gupta

September 09, 2024 | 11:09 am

MOB

Mobilicom reported its H1 earnings with an EPS of $(0.11), which is inline year-over-year. The company's sales increased significantly to $1.80 million from $0.54 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 11:07 am

SPIR

Spire Global has secured a $3.83 million contract from NOAA to provide radio occultation data for a year. This is part of a larger IDIQ contract with a $59 million ceiling under NOAA's Commercial Weather Data Program.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:44 am

BNL

Broadstone Net Lease (BNL) has announced a $453.7 million development funding pipeline, which is expected to provide accretive growth starting in 2025 and beyond. This strategic move is aimed at enhancing the company's growth prospects.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:34 am