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NEUE

NeueHealth reported a Q2 2024 GAAP EPS of $(6.42), significantly missing the $(2.76) estimate. Sales were $225.991 million, also missing the $252.477 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:47 am

ENLT

Enlight Renewable Energy has raised its FY24 revenue guidance to $345M-$360M from the previous $335M-$360M, citing strong financial performance in the second quarter and first half of 2024. The company also increased its adjusted EBITDA guidance to $245M-$260M from $235M-$255M. Additionally, 90% of 2024's expected generation output will be sold at fixed prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:44 am

WWW

Wolverine World Wide has updated its FY24 revenue guidance to $1.71B-$1.73B, slightly below the $1.73B estimate. The company expects adjusted diluted EPS of $0.75-$0.85, compared to the $0.81 estimate. Other financial metrics, including gross margin, operating margin, and effective tax rate, have also been updated.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am

NI

NiSource has reaffirmed its 2024 adjusted EPS guidance of $1.70-$1.74, aligning closely with the consensus of $1.72. The company also projects annual adjusted EPS growth of 6-8% and rate base growth of 8-10% for 2023-2028, with a capital expenditure plan of $16.4 billion for 2024-2028.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am

SWTX

SpringWorks Therapeutics (NASDAQ:SWTX) reported Q2 2024 GAAP EPS of $(0.54), significantly beating the analyst estimate of $(1.13). The company also reported sales of $59.733 million, surpassing the estimate of $34.343 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:38 am

LQDA

Liquidia (NASDAQ:LQDA) reported Q2 2024 GAAP EPS of $(0.37), missing the $(0.34) estimate. Sales were $3.659M, missing the $9.451M estimate. Cash and equivalents totaled $133.1M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:36 am

KMT

Kennametal has released its financial outlook for FY25, projecting sales between $2.0 billion and $2.1 billion, and adjusted EPS between $1.30 and $1.70. The company expects improved operating performance, offset by higher effective tax rates and currency headwinds. Pricing actions are anticipated to cover raw material costs, wages, and general inflation. Interest expense is projected at $27 million, with an adjusted effective tax rate of 27.5%. Free operating cash flow is expected to exceed 125% of adjusted net income, with primary working capital at 30% of sales by year-end. Capital spending is forecasted at $110 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:35 am

PRKS

United Parks & Resorts expects to deliver new records in revenue and adjusted EBITDA in 2024, driven by strong booking trends at Discovery Cove and increased group bookings. International visitation is also up compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:35 am

NI

NiSource (NYSE:NI) reported Q2 2024 adjusted earnings per share (EPS) of $0.21, surpassing the analyst consensus estimate of $0.16 by 31.25%. This represents a 90.91% increase from the $0.11 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:35 am

PRKS

United Parks & Resorts (NYSE:PRKS) reported Q2 2024 earnings per share (EPS) of $1.46, missing the analyst estimate of $1.55 by 5.81%. Sales were $497.593 million, also missing the estimate of $503.856 million by 1.24%. Despite the misses, EPS increased by 8.15% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:34 am