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Arconic: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

PITTSBURGH (AP) — PITTSBURGH (AP) — Arconic Corporation (ARNC) on Thursday reported first-quarter profit of $25 million.The Pittsburgh-based company said it had net income of 24 cents per share.The company posted revenue of $1.93 billion in the period.Arconic shares have climbed nearly 7% since the beginning of the year. The stock has fallen 16% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARNC at https://www.zacks.com/ap/ARNCSource

Iron Mountain: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

PORTSMOUTH, N.H. (AP) — PORTSMOUTH, N.H. (AP) — Iron Mountain Inc. (IRM) on Thursday reported a key measure of profitability in its first quarter. The results surpassed Wall Street expectations.The Portsmouth, New Hampshire-based real estate investment trust said it had funds from operations of $284 million, or 97 cents per share, in the period.The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 93 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $64.6 million, or 22 cents per share.The real estate investment trust, based in Portsmouth, New Hampshire, posted revenue of $1.31 billion in the period, which matched Street forecasts.Iron Mountain expects full-year funds from operations in the range of $3.91 to $4 per share, with revenue in the range of $5.5 billion to $5.6 billi...

Stevanato: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

PADUA, Italy (AP) — PADUA, Italy (AP) — Stevanato Group SpA (STVN) on Thursday reported first-quarter earnings of $30.4 million.The Padua, Italy-based company said it had profit of 12 cents per share.The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.The maker of glass vials for COVID-19 vaccines posted revenue of $255.3 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $250.8 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STVN at https://www.zacks.com/ap/STVNSource

Alico: Fiscal Q2 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Thursday reported a fiscal second-quarter loss of $7.8 million, after reporting a profit in the same period a year earlier.The Ft. Myers, Florida-based company said it had a loss of $1.02 per share. Losses, adjusted for non-recurring gains, were $1.62 per share.The agribusiness and land management company posted revenue of $21.3 million in the period.Alico shares have dropped roughly 2% since the beginning of the year. The stock has decreased 41% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALCO at https://www.zacks.com/ap/ALCOSource

Westlake Chemical Partners: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

HOUSTON (AP) — HOUSTON (AP) — Westlake Chemical Partners LP (WLKP) on Thursday reported profit of $14.9 million in its first quarter.The Houston-based company said it had net income of 42 cents per share.The ethylene producer posted revenue of $307.7 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLKP at https://www.zacks.com/ap/WLKPSource

Becton Dickinson: Fiscal Q2 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

FRANKLIN LAKES, N.J. (AP) — FRANKLIN LAKES, N.J. (AP) — Becton Dickinson and Co. (BDX) on Thursday reported fiscal second-quarter earnings of $460 million.On a per-share basis, the Franklin Lakes, New Jersey-based company said it had profit of $1.53. Earnings, adjusted for one-time gains and costs, were $2.86 per share.The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.The medical device manufacturer posted revenue of $4.82 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $4.66 billion.Becton Dickinson expects full-year earnings in the range of $12.10 to $12.32 per share, with revenue in the range of $19.2 billion to $19.3 billion.Becton Dickinson shares have climbed almost 4% since the beginning of the year, while the S&P’s 500 index has climbed 6.5%. The stock has risen nearly 6% in the last 12 months._____This story was ge...

ITT: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — ITT Corp. (ITT) on Thursday reported first-quarter earnings of $100 million.The Stamford, Connecticut-based company said it had net income of $1.20 per share. Earnings, adjusted for non-recurring gains, came to $1.17 per share.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.The supplier of parts and services to a wide variety of industries posted revenue of $797.9 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $773.1 million.ITT expects full-year earnings in the range of $4.65 to $4.95 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITT at https://www.zacks.com/ap/ITTSource

BorgWarner: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

AUBURN HILLS, Mich. (AP) — AUBURN HILLS, Mich. (AP) — BorgWarner Inc. (BWA) on Thursday reported first-quarter profit of $217 million.On a per-share basis, the Auburn Hills, Michigan-based company said it had net income of 93 cents. Earnings, adjusted for non-recurring costs, came to $1.09 per share.The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.The auto parts supplier posted revenue of $4.18 billion in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $4.21 billion.BorgWarner expects full-year earnings in the range of $4.60 to $5.15 per share, with revenue in the range of $17.1 billion to $17.9 billion.BorgWarner shares have risen 15% since the beginning of the year, while the S&P’s 500 index has climbed 6.5%. The stock has climbed 22% in the last 12 months._____This story was generated by Automated Insights (h...

WestRock: Fiscal Q2 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

ATLANTA (AP) — ATLANTA (AP) — WestRock Co. (WRK) on Thursday reported a loss of $2.01 billion in its fiscal second quarter.On a per-share basis, the Atlanta-based company said it had a loss of $7.85. Earnings, adjusted for amortization costs and restructuring costs, were 77 cents per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.The paper and packaging company posted revenue of $5.28 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $5.29 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WRK at https://www.zacks.com/ap/WRKSource

Acushnet: Q1 Earnings Snapshot

Published Fri, 15 Nov 2024 05:00:33 GMT

FAIRHAVEN, Mass. (AP) — FAIRHAVEN, Mass. (AP) — Acushnet Holdings Corp. (GOLF) on Thursday reported first-quarter earnings of $93.3 million.The Fairhaven, Massachusetts-based company said it had net income of $1.36 per share.The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.The golf products maker posted revenue of $686.3 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $626 million.Acushnet expects full-year revenue in the range of $2.33 billion to $2.38 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLF at https://www.zacks.com/ap/GOLFSource