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AVNS

Avanos Medical projects its FY24 revenue to be between $685M-$705M, which is below the estimated $728.63M. The company also forecasts its adjusted EPS to be in the range of $1.30-$1.45, lower than the expected $1.85.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:27 am

SEE

Sealed Air projects its Q2 net sales to be $1.3 billion, slightly below the $1.33 billion estimate. The company also forecasts its Q2 adjusted EPS to be in the range of $0.60-$0.70, compared to the $0.70 estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:25 am

DRVN

Driven Brands Holdings (DRVN) reported Q1 2024 adjusted EPS of $0.23, surpassing the $0.19 estimate, but its sales of $572.226M fell short of the expected $584.395M. The EPS remained unchanged from the previous year, while sales saw a 1.74% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:24 am

SNDL

SNDL Inc. announced that its subsidiary, SunStream USA Group, plans to proceed with the acquisition of equity positions in US cannabis assets. This move signifies SNDL's strategic expansion into the US cannabis market.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:23 am

SEE

Sealed Air has reaffirmed its fiscal year 2024 revenue forecast to be between $5.2 billion and $5.6 billion, aligning with the analyst estimate of $5.4 billion. The company also provided an adjusted EPS guidance of $2.65 to $3.05, compared to the analyst estimate of $2.84.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:23 am

HII

Huntington Ingalls Industries (HII) reported Q1 2024 earnings of $3.87 per share, surpassing the $3.49 estimate, marking a 19.81% increase from last year. Sales reached $2.805B, slightly above the $2.793B forecast, up 4.90% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:22 am

RMNI

Rimini Street (NASDAQ:RMNI) reported Q1 2024 earnings of $0.08 per share, missing the consensus estimate of $0.10, a 33.33% decrease from last year. However, sales of $106.745M exceeded estimates by 0.51%, marking a 1.17% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:19 am

CYBR

CyberArk forecasts its FY24 adjusted EPS to be between $1.88 and $2.07, surpassing the $1.76 estimate. The company also projects its revenue to range from $928M to $938M, slightly above the $927.11M estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:19 am

HWM

Howmet Aerospace projects its FY24 adjusted EPS to be between $2.31 and $2.39, surpassing the estimated $2.20. The company also forecasts revenue to be in the range of $7.225 billion to $7.375 billion, exceeding the expected $7.148 billion.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:18 am

HWM

Howmet Aerospace projects its Q2 2024 adjusted EPS to be between $0.57 and $0.59, surpassing the estimated $0.54. Revenue is expected to be between $1.825B and $1.854B, also exceeding the $1.774B estimate.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 11:18 am