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HSY

Hershey projects its net sales to grow between 2% to 4% in 2024, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:47 am

HSY

Hershey reported Q4 2023 adjusted EPS of $2.02, surpassing the $1.95 estimate, but its sales of $2.66B fell short of the expected $2.70B. This represents a slight sales increase of 0.19% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:46 am

SPB

Spectrum Brands Holdings (NYSE:SPB) reported Q1 earnings of $0.78 per share, surpassing the $0.43 estimate, marking an 81.4% beat and a significant turnaround from last year's $(0.32) loss per share. Sales reached $692.20M, exceeding the $673.86M forecast by 2.72%, despite a 2.96% decrease from last year's $713.30M.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:45 am

THC

Tenet Healthcare (NYSE:THC) reported Q4 2023 adjusted EPS of $2.68, surpassing the $1.60 estimate, with sales of $5.38B exceeding the $5.29B forecast. This represents a 7.80% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:35 am

ZBH

Zimmer Biomet projects its 2024 adjusted diluted EPS to be between $8.00 and $8.15, surpassing the consensus estimate of $7.95. The company also forecasts revenue growth of 4.5%-5.5%, or 5.0%-6.0% on a constant currency basis.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:34 am

RXO

RXO reported Q4 2023 adjusted EPS of $0.06, surpassing the $0.04 estimate, but its sales of $978M fell short of the $996.36M forecast, marking a 12.68% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:33 am

ZBH

Zimmer Biomet Holdings (ZBH) reported Q4 earnings of $2.20 per share, surpassing the $2.15 estimate, marking a 17.02% increase from last year. Sales reached $1.94B, exceeding the $1.93B estimate, a 6.31% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:32 am

DT

Dynatrace (NYSE:DT) reported Q3 adjusted EPS of $0.32, surpassing the $0.28 estimate, and sales of $365.10M, exceeding the $358.06M estimate. This represents a 28% increase in EPS and a 22.74% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:31 am

SNA

Snap-on (NYSE:SNA) reported Q4 earnings of $4.75 per share, surpassing the $4.66 estimate, marking a 7.47% year-over-year increase. However, its $1.20B sales missed the $1.20B estimate slightly by 0.25%, though it's a 3.55% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 11:31 am

UL

Unilever PLC (NYSE:UL) shares rose after reporting a 7.0% underlying sales growth in FY23, driven by a 6.8% price increase and a 0.2% rise in volume. Despite a 0.8% Y/Y turnover decrease to €59.6 billion, the company saw growth across most segments, with a notable increase in gross margin and underlying operating profit. Unilever also announced a new €1.5 billion share buyback program for FY24 and expects FY24 sales growth of 3% to 5% with a modest improvement in underlying operating margin.

Portfolio Pulse from Lekha Gupta

February 08, 2024 | 11:28 am