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CMS

CMS Energy has updated its 2024 adjusted EPS guidance, raising it from $3.27-$3.33 to $3.29-$3.35, slightly above the estimated $3.34. The company also reaffirmed its long-term adjusted EPS growth target of 6-8%, expressing continued confidence in achieving the higher end of this range.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:36 am

ETN

Eaton Corporation (ETN) forecasts Q1 organic growth of 6%-8% and an adjusted EPS of $2.21 - $2.31, surpassing the consensus estimate of $2.17.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:36 am

DOV

Dover projects its 2024 GAAP EPS to be between $7.90 and $8.10, with an adjusted EPS of $8.95 to $9.15, which is below the consensus estimate of $9.24. The company anticipates revenue growth of 2%-4%, with 1%-3% of this being organic growth.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:35 am

WRK

WestRock (NYSE:WRK) reported Q1 adjusted EPS of $0.20, missing the $0.35 estimate, and sales of $4.62B, missing the $4.80B estimate. This represents a significant decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:34 am

MRK

Merck has projected its 2024 sales to be between $62.7 billion and $64.2 billion, with an adjusted EPS of $8.44 to $8.59, slightly above the consensus estimates of $63.31 billion in sales and an EPS of $8.42.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:34 am

RCL

Royal Caribbean Gr (NYSE:RCL) reported Q4 adjusted earnings of $1.25 per share, surpassing the $1.13 estimate, marking a 211.61% increase from last year's losses. However, their $3.33 billion in sales fell short of the $3.36 billion estimate, despite being a 27.92% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:33 am

DLTR

Dollar Tree Inc. (NASDAQ:DLTR) and WanaBana are facing a lawsuit filed by a North Carolina family, alleging their children suffered lead poisoning from WanaBana applesauce pouches sold by Dollar Tree. The lawsuit claims the companies knew of the product's dangers. The CDC has received 404 reports of possible lead poisoning from the pouches across 43 states. This legal issue arises amid scrutiny of Dollar Tree's product safety measures and could impact its reputation and financial performance.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 11:33 am

DOV

Dover (NYSE:DOV) reported Q4 adjusted earnings of $2.45 per share, surpassing the $2.43 estimate, marking a 13.43% year-over-year increase. However, its quarterly sales of $2.11 billion fell short of the $2.16 billion estimate, a 1.54% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:32 am

ETN

Eaton Corp (ETN) reported Q4 adjusted earnings of $2.55 per share, surpassing the consensus estimate of $2.47, marking a 23.79% year-over-year increase. Quarterly sales reached $5.97B, exceeding estimates of $5.91B, and showing a 10.83% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:32 am

TT

Trane Technologies (TT) has provided its full-year 2024 guidance, expecting reported revenue growth of 7%-8% YoY and organic growth of 6%-7% YoY. The company anticipates adjusted EPS to be in the range of $10.00-$10.30, closely aligning with the consensus estimate of $10.06. GAAP continuing EPS is forecasted to be $9.90-$10.20, including $0.10 for non-GAAP adjustments.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 11:31 am