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Guidance

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Kite Realty Group Trust Sees FY24 Net Income $0.30-$0.36; Updates Nareit FFO From $2.00-$2.06 To $2.02-$2.08

By Benzinga Newsdesk
April 30, 4:27 PM
2024 Earnings GuidanceThe Company expects to generate net income attributable to common shareholders of $0.30 to $0.36 per diluted share in 2024. The Company is raising its 2024 NAREIT FFO guidance range to $2.02 to

KRG

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Amcor Updates FY24 EPS From $0.67-$0.71 To $0.685-$0.71 Vs $0.69 Est.; Expects Q4 2024 Adjusted EPS To Be Up Mid Single Digit % Higher Than Q4 2023

By Benzinga Newsdesk
April 30, 4:25 PM
Fiscal 2024 Guidance - updatedFor the twelve month period ending June 30, 2024, the Company expects:Adjusted EPS of 68.5 to 71 cents per share (previously 67 to 71 cents per share) which includes:•  Comparable

AMCR

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Essex Sees FY24 Core FFO $15.03-$15.43 Vs $15.52 Estimate

By Benzinga Newsdesk
April 30, 4:23 PM
Full-Year 2024 Revised GuidanceRevisedRangeRevisedMidpointChange atMidpointNet Income per diluted share$8.04 - $8.44$8.24+$2.92Core FFO per diluted share$15.03 - $15.43$15.23+$0.20Same-Property Revenues1.50% to

ESS

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Matson Sees FY24 Ocean Transportation Operating Income To Be Higher Than $294.8M Achieved In 2023 And Higher Then Previous Outlook

By Benzinga Newsdesk
April 30, 4:09 PM
As a result of first quarter performance and the outlook trends noted above, the Company expects full year 2024 Ocean Transportation operating income to be higher than the $294.8 million achieved in 2023 and higher

MATX

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Public Storage Sees FY24 Core FFO $16.60-$17.20

By Benzinga Newsdesk
April 30, 4:07 PM
Outlook for the Year Ending December 31, 2024Set forth below are our current expectations with respect to full year 2024 Core FFO per share and certain underlying assumptions. In reliance on the exception provided by

PSA

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Why Chegg Shares Are Plummeting Today

By Lekha Gupta
April 30, 3:00 PM
Chegg shares drop as analysts cut price target after Q1 results and weak Q2 revenue guidance, new CEO appointed.

CHGG

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Penske Automotive Reports Slight Revenue Uptick, CEO Touts ‘Recovery Across Used Vehicles’

By Nabaparna Bhattacharya
April 30, 2:50 PM
Penske Automotive Group (NYSE: PAG) sees stock dip as Q1 earnings miss estimates, impacted by higher interest costs and lower equity earnings.

PAG

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American Electric Power Reports Q1 Revenue Miss, Plans $27B Investment To ‘Enhance Resiliency’

By Lekha Gupta
April 30, 2:36 PM
American Electric Power closed the sale of its New Mexico solar assets in February.

AEP

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Martin Marietta Reports Decline In Q1 Earnings Despite Strong Divestiture Gains

By Akanksha Bakshi
April 30, 2:15 PM
Martin Marietta Materials Inc (MLM) reported Q1 revenue decline of 7.6% Y/Y, EPS of $16.87. Adjusted EBITDA declined 10.2%. Share price down 2.72%.

MLM

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What’s Going On With Dana Shares After Reporting Q1 Results?

By Nabaparna Bhattacharya
April 30, 2:08 PM
Dana reported Q1 sales beat, affirming FY24 guidance amid efficiency gains. Company-wide efficiency improvements continue to offset the margin impact of inflation and spending on development for electric-vehicle products, Dana said.

DAN

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