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TDW

Tidewater Inc. has projected its FY24 revenue to be between $1.4 billion and $1.45 billion, which is higher than the estimated $1.35 billion.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:05 pm

ITUB

Itau Unibanco Holding (NYSE:ITUB) reported Q3 2023 earnings of $0.19 per share, in line with analyst consensus. This is a 26.67% increase from the same period last year. However, the company's quarterly sales of $8.10 billion missed the analyst consensus estimate of $8.34 billion by 2.87%, despite a 16.04% increase from last year.

Portfolio Pulse from saritha@benzinga.com

November 06, 2023 | 10:04 pm

SAND

Sandstorm Gold (NYSE:SAND) reported Q3 sales of $41.32 million, missing the analyst consensus estimate of $41.40 million by 0.18 percent. However, this represents a 6.09 percent increase over sales of $38.95 million in the same period last year.

Portfolio Pulse from totan@benzinga.com

November 06, 2023 | 10:04 pm

SIBN

SI-BONE has increased its FY23 revenue guidance from $132M-$134M to $136M-$137M, which is higher than the estimated $133.3M.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:04 pm

ICHR

Ichor Holdings has provided its Q4 2023 financial outlook, expecting revenue to be between $190M-$205M, compared to an estimate of $200.72M. The company also anticipates GAAP diluted EPS to be between $(0.30)-$(0.20) and non-GAAP diluted EPS to be between $(0.03)-$0.17, compared to an estimate of $0.15.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:03 pm

NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) reported Q3 earnings of $3.70 per share, beating the analyst consensus estimate of $3.59. The company also reported quarterly sales of $3.43 billion, surpassing the analyst consensus estimate of $3.40 billion. However, both figures represent a decrease from the same period last year. The company issued Q4 earnings guidance of between $3.44 and $3.86 per share, with total revenue anticipated to be between $3.3 billion and $3.5 billion.

Portfolio Pulse from Ryan Gustafson

November 06, 2023 | 10:02 pm

AJG

AON

BRKA

CB

MMC

PGR

Berkshire Hathaway (BRKA) posted a record $157 billion in cash holdings and a 41% YoY rise in operating profit. A large part of Berkshire's portfolio consists of insurance companies, with its insurance float growing 8,000-fold since the purchase of National Indemnity 55 years ago. The company's insurance arm contributed $2.4 billion to its recent quarterly operating profit, largely due to profits from car insurer Geico. Unlike Berkshire, some insurance companies pay dividends, including Marsh & McLennan (MMC), Progressive Corp (PGR), Chubb Ltd (CB), Aon Plc (AON), and Arthur J. Gallagher & Co. (AJG).

Portfolio Pulse from Natan Ponieman

November 06, 2023 | 10:02 pm

WALD

Waldencast plc has received a Nasdaq listing notice, indicating that the company's shares will be listed on the Nasdaq stock exchange.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:01 pm

CHRS

Coherus BioSciences reported mixed Q3 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm

MTTR

Matterport has raised its full year guidance for revenue and Non-GAAP loss per share for 2023, driven by strong demand for digital twins, robust gross margins, and continued operating discipline. The company expects Q4 EPS to be between $(0.05) and $(0.03), and revenue to be between $39M and $41M. For FY23, EPS is expected to be between $(0.23) and $(0.21), and revenue between $157M and $159M.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:00 pm