Guidance Archives - Page 64 of 637

2 minute read

Labcorp’s Q1 Revenue Surpasses Forecasts; Analysts Scrutinize Invitae Deal

Today, 3:04 PM

Labcorp beats Q1 sales estimates, driven by organic growth and acquisitions. Revised 2024 guidance projects higher EPS and sales growth. The acquisition of Invitae is expected to bolster Labcorp's specialty testing capabilities.

1 minute read

Why Personal Products Major Unilever Shares Are Rising Today

By Lekha Gupta

Today, 1:43 PM

Unilever's Q1 FY24 earnings showed revenue growth and strong performance from its Power Brands, Beauty & Wellbeing, Personal Care, and Home Care segments.

GCOW

1 minute read

PG&E Posts Mixed Bag Of Q1 Earnings, Plows Billions Into Safety

By Lekha Gupta

Today, 1:16 PM

PG&E Corporation reported $5.86B Q1 revenue, missing consensus. Electric rev. grew to $4.05B, gas declined to $1.81B. Adjusted EPS $0.37, higher than $0.35 consensus. FY24 guidance $1.33-$1.37 vs. $1.35 consensus.

NLR

2 minute read

Why Carrier Global Shares Are Surging Today

By Lekha Gupta

Today, 12:57 PM

Carrier Global shares are trading higher on Q1 FY24 results, with net sales and adjusted EPS beating consensus. Company also revises sales outlook and expects to resume share repurchases in 2024.

CARR

2 minute read

Why Gold Miner Newmont Shares Are Surging Today

By Lekha Gupta

Today, 12:38 PM

Newmont reports strong Q1 results, with revenue of $4.023 billion and adjusted EPS of $0.55. Production and costs largely in line.

GDX

2 minute read

Bristol Myers Squibb Swings To Quarterly Loss, After String Of Multi-Billion Acquisitions

By Vandana Singh

Today, 12:23 PM

Discover Bristol Myers Squibb's impressive first-quarter performance, with revenues exceeding expectations driven by key products like Eliquis and Reblozyl. Despite challenges, the company aims for significant cost savings and future growth.

BMY

2 minute read

Northrop Grumman Reaffirms 2024 Guidance Post Double-Digit Earnings Growth In Q1: Details

By Akanksha Bakshi

Today, 12:22 PM

Northrop Grumman Corp reported 9% sales growth in Q1 fiscal 2024, beating consensus. Q1 EPS was $6.32, also exceeding expectations. Backlog is $78.9B.

NOC

1 minute read

Sonic Automotive Jumps Over 10% After Earnings: ‘Well-Positioned To Adapt To Evolving Market Conditions’

By Nabaparna Bhattacharya

Today, 11:57 AM

Sonic Automotive (SAH) stock surges over 9% post-earnings, beating EPS estimates, despite a slight revenue decline, CFO optimistic about future success.

SAH

2 minute read

Honeywell Aerospace Advances Drive Solid Q1 Results, Exceed Expectations

By Akanksha Bakshi

Today, 11:43 AM

Honeywell International reported first-quarter fiscal 2024 sales of $9.105 billion.

HON

2 minute read

Southwest Airlines’ Record Passenger Numbers Overshadowed By Q1 Earnings Slump And Boeing Setbacks

By Akanksha Bakshi

Today, 11:14 AM

Southwest Airlines reports Q1 results with revenue increase of 10.9%, missing consensus. Adjusted EPS down, operating loss $377M. Facing challenges with Boeing delivery delays.

LUV