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TX

Ternium anticipates a decrease in its recurring adjusted EBITDA for Q2 2024, primarily due to a reduction in margins, although this is expected to be partially mitigated by an increase in steel shipments.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:26 pm

LRCX

Lam Research projects its Q4 revenue to be around $3.8 billion, with a possible deviation of $300 million, surpassing the estimated $3.772 billion. The company also forecasts an adjusted EPS of $7.50, with a margin of error of $0.75, which is higher than the expected $7.33.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:26 pm

PI

Impinj shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:26 pm

MOH

Molina Healthcare has reaffirmed its full-year 2024 guidance, projecting an adjusted EPS of over $23.50, which is closely aligned with the analyst estimate of $23.56. This reaffirmation indicates the company's confidence in its financial outlook and operational stability.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:25 pm

AM

Antero Midstream (NYSE:AM) reported Q1 2024 adjusted EPS of $0.24, surpassing the $0.23 estimate, and sales of $279.051M, exceeding the $271.013M forecast. This represents a 14.29% increase in EPS and a 7.54% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:25 pm

TX

Ternium (NYSE:TX) reported Q1 2024 adjusted EPS of $1.84, surpassing the $1.54 estimate, with sales of $4.778B also beating the $4.751B estimate, marking a 31.88% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:25 pm

LRCX

Lam Research Corporation (NASDAQ:LRCX) reported Q3 financial results surpassing analyst expectations with earnings of $7.79 per share and sales of $3.793 billion. Cash balances increased to $5.7 billion, attributed to strong operating cash flow and offset by share repurchases and dividends. CEO Tim Archer highlighted Lam's strong start to 2024, emphasizing its positioning for future opportunities in semiconductor scaling for AI transformation. LRCX shares rose 0.58% in after-hours trading.

Portfolio Pulse from Erica Kollmann

April 24, 2024 | 8:25 pm

SNBR

Sleep Number (NASDAQ:SNBR) reported Q1 2024 GAAP EPS of $(0.33), missing estimates by 6.45% and marking a 164.71% decrease from the previous year. Sales were $470.449M, missing estimates by 0.81% and down 10.65% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:24 pm

WCN

Waste Connections (NYSE:WCN) reported Q1 2024 earnings of $1.04 per share, surpassing the $1.00 estimate, and sales of $2.073B, exceeding the $2.053B estimate. This represents a 16.85% increase in earnings and a 9.05% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:23 pm

CYH

Community Health Systems (CYH) reported Q1 2024 adjusted EPS of $(0.14), surpassing the $(0.16) estimate, with sales of $3.140B exceeding the $3.093B forecast, marking a 1.03% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:22 pm