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HLT

Hilton shares are trading lower following soft guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:07 am

HLT

Hilton has provided its financial outlook for FY24 and Q3. The company expects FY24 adjusted EPS to be between $6.93 and $7.03, which is below the estimated $7.11. For Q3, Hilton anticipates adjusted EPS to be between $1.80 and $1.85, also below the estimated $1.90.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

OSCR

Oscar Health has announced that it is well-positioned to achieve its target for adjusted EBITDA profitability this year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

LPX

Louisiana-Pacific (LPX) has provided financial guidance for Q3 2024 and full year 2024. The company expects Q3 siding net sales growth of 16-18% and adjusted EBITDA of $105M-$125M. For 2024, it forecasts siding net sales growth of 14-16%, up from prior guidance of 11-13%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:06 am

ENOV

Enovis has updated its 2024 revenue expectations to a range of $2.08 billion to $2.13 billion, compared to prior expectations of $2.06 billion to $2.16 billion and a consensus estimate of $2.119 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:05 am

ACMR

ACM Research has increased its revenue guidance for fiscal year 2024 to a range of $695 million to $735 million, up from the prior range of $650 million to $725 million. This new guidance is higher than the estimated $702.72 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:05 am

TGI

Triumph Group (TGI) has announced its financial projections for FY25, expecting revenue of $1.2 billion, slightly below the estimated $1.224 billion. However, the company anticipates an adjusted EPS of $0.52, surpassing the estimated $0.48.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:05 am

TSQ

Townsquare Media reported Q2 2024 adjusted EPS of $0.14, missing the estimate of $0.36. However, sales came in at $118.225 million, slightly beating the estimate of $117.845 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:05 am

CRVS

CYRX

DZSI

EBS

EVO

FTNT

LITM

LUMN

MYND

NVRO

PRCH

RR

SCPX

STEM

SWIM

TLIS

UPST

VBIV

XAIR

Fortinet shares surged 17% in pre-market trading after reporting better-than-expected Q2 results and issuing strong guidance. Other notable pre-market movers include Richtech Robotics, Lumen Technologies, and Upstart Holdings, among others.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 10:04 am

CCO

Clear Channel Outdoor (NYSE:CCO) reported Q2 sales of $558.54 million, missing the analyst consensus estimate of $562.37 million by 0.68%. This represents a 12.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:04 am