Streetbeat News

Stock Prices

RCL

Royal Caribbean expects its net yields to increase by 12.9% to 13.4% in constant currency compared to 2019 for the full year 2023. The company also anticipates a 7.0% to 7.5% increase in NCC, excluding fuel, per APCD in constant currency. However, fuel pricing and foreign exchange rates are expected to negatively impact EPS by $0.18. Adjusted EPS is projected to be in the range of $6.58 to $6.63 per share.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:13 am

AMT

American Tower Corporation (AMT) has raised the midpoints of its full year 2023 outlook for property revenue, adjusted EBITDA, and AFFO. This indicates a positive financial outlook for the company.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:13 am

OSK

Oshkosh Corp has revised its fiscal 2023 expectations, projecting net sales of $9.65 billion, up from the previous estimate of $9.5 billion. The company also expects its adjusted earnings per share to be $9.50, an increase from the prior estimate of $8.00.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:13 am

RCL

Royal Caribbean has announced that the ongoing conflict between Gaza and Israel is expected to impact its full-year earnings per share (EPS) by approximately $0.03.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:11 am

VLY

Valley National (NASDAQ:VLY) reported Q3 adjusted earnings of $0.26 per share, in line with analyst consensus. This is a 25.71% decrease from the same period last year. The company's quarterly sales were $471.08 million, missing the analyst consensus of $472.18 million by 0.23%. This is a 7.66% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:10 am

CNOB

ConnectOne Bancorp (NASDAQ:CNOB) reported Q3 earnings of $0.51 per share, beating the analyst consensus estimate of $0.50 by 2 percent. However, this is a 27.14 percent decrease from the same period last year. The company's quarterly sales of $62.36 million missed the analyst consensus estimate of $63.49 million by 1.78 percent, marking a 20.22 percent decrease from the previous year.

Portfolio Pulse from mahesh@benzinga.com

October 26, 2023 | 11:04 am

KEX

Kirby Corporation (NYSE:KEX) reported Q3 adjusted earnings of $1.05 per share, beating the analyst consensus estimate of $1.02 by 2.94%. This is a 61.54% increase from the same period last year. However, the company's quarterly sales of $746.77 million missed the analyst consensus estimate of $792.47 million by 5.77%, marking a slight increase of 0.12% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:03 am

BMY

Bristol Myers has revised its FY23 outlook, expecting Revlimid revenue of $6B, up from the previous estimate of $5.5B. The company also adjusted its EPS forecast to $7.50-$7.65, compared to the prior range of $7.35-$7.65 and against an estimate of $7.37. Other key GAAP and Non-GAAP guidance assumptions remain unchanged.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:03 am

IP

International Paper (NYSE:IP) reported Q3 adjusted earnings of $0.64 per share, beating the analyst consensus estimate of $0.58 by 10.34%. However, the company's quarterly sales of $4.61 billion missed the analyst consensus estimate of $4.81 billion by 4.10%. This represents a 36.63% decrease in earnings and a 14.61% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:59 am

TSCO

Tractor Supply has lowered its fiscal 2023 outlook. The company now expects adjusted EPS of $10.00 - $10.10, down from the previous estimate of $10.20 - $10.40, and below the $10.25 consensus estimate. Revenue is now expected to be $14.5B - $14.6B, down from the previous estimate of $14.8B - $14.9B, and below the $14.86B consensus estimate.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:59 am