Ultime notizie per Bright Mountain Media (OTC:BMTM) Azioni

Bright Mountain Media Inc is a holding company that focuses on digital publishing and advertising technology. The Company is engaged in content creation and advertising technology development that helps customers connect with, and market to, targeted audiences in high-quality environments using a variety of digital ad formats. It generates revenue through sales of advertising services which generate revenue from advertisements placed on the Company's owned and managed sites, as well as from advertisements placed on partner websites, for which the company earns a share of the revenue.

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Bright Mountain Media Inc

Pennant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNTG#NASDAQ">PNTG</a>) raises FY2024 Adj EPS guidance from $0.89-0.95 to $0.90-0.96 vs $0.91 analyst estimate. Raises FY2024 sales outlook from $654.00 million-694.50 million to $665.30 million-706.50 million vs $679.26 million estimate.

News

Guidance

PNTG

Pennant Gr Raises FY2024 Adj EPS Guidance from $0.89-0.95 to $0.90-0.96 vs $0.91 Est; Raises FY2024 Sales Guidance from $654.00M-694.50M to $665.30M-706.50M vs $679.26M Est

CHRD

Chord Energy Expects FY24 Adj. EBITDA $2.7B, Adj. Free Cash Flow On Pro Forma Basis Of $1.1B

Two weeks after Helene, 1-in-100 year Hurricane Milton exacerbates damages in Florida, America's Second Most Valuable Real Estate Market&nbsp;
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="678" height="1024" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/05132301/cody-reed-vN0b_79oMyE-unsplash-678x1024.jpg" alt="" class="wp-image-2979" style="width:auto;height:450px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/05132301/cody-reed-vN0b_79oMyE-unsplash-678x1024.jpg 678w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/05132301/cody-reed-vN0b_79oMyE-unsplash-199x300.jpg 199w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/05132301/cody-reed-vN0b_79oMyE-unsplash-768x1159.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/05132301/cody-reed-vN0b_79oMyE-unsplash.jpg 795w" sizes="(max-width: 678px) 100vw, 678px" /></figure>
(photo credit: Cody Reed)
Legend says that a Tocobagan blessing for sacred grounds in Tampa Bay has protected the area from hurricane devastation these last hundred years. <a href="https://www.benzinga.com/topic/hurricane-milton">Hurricane Milton</a> put this charm to the biggest test yet, ultimately landing 60 miles south. Though that averted the catastrophic loss scenario of a direct hit on West Florida's most densely populated region of&nbsp;<a href="https://apnews.com/article/hurricane-helene-florida-storm-surge-0284042dade78e04e453ad821e6e15c3#" target="_blank" rel="noreferrer noopener">3 million people</a>, storm surge and vicious winds still inflicted damage from ripping off stadium roofing to leaving nearly&nbsp;<a href="https://outage.tecoenergy.com/" target="_blank" rel="noreferrer noopener">600,000 TECO customers</a>&nbsp;without power in high 80 degree weather. This compounds misery from <a href="https://www.benzinga.com/topic/hurricane-helene">Helene's wreckage</a>, which already damaged nearly&nbsp;<a href="https://www.fox13news.com/news/hurricane-helene-where-tampa-bay-area-stand-one-week-after-storm" target="_blank" rel="noreferrer noopener">50,000 buildings and took 12 lives</a>&nbsp;locally.
<h3 class="wp-block-heading">1-in-100 Year Hurricane Compounds Helene's Destruction</h3>
Early estimates price Milton's damage to Florida at&nbsp;<a href="https://www.bloomberg.com/news/live-blog/2024-10-10/hurricane-milton-strikes-florida?cursorId=6707D5F1B21C0000" target="_blank" rel="noreferrer noopener">$60 billion-75 billion</a>, a state with&nbsp;<a href="https://www.insurancejournal.com/magazines/mag-features/2013/06/17/295207.htm#:~:text=For%20Florida%2C%20this%20coastal%20percentage,values%20for%20the%20entire%20state" target="_blank" rel="noreferrer noopener">$3.6 trillion worth of insured property</a>&nbsp;and the nation's second most valuable residential housing market. The full scope of damages will be revealed once residents return from evacuation and file losses. Some homeowners in St. Petersburg, where Milton was a 1-in-1,000 year rainfall event, already faced total losses after Helene. More may join those ranks.&nbsp;
<h3 class="wp-block-heading">Recovery Routes For Businesses And Homeowners  </h3>
For affected policyholders, the first line of recovery is to file claims for flood and homeowners insurance. However, many waterfront properties are uninsured because of their excessive risk exposure. Those homeowners and ones whose damages exceed insurance coverage may find relief in FEMA assistance and SBA disaster loans.&nbsp;
<h3 class="wp-block-heading">Beyond Flood and Homeowners Insurance &#8211; Look to FEMA, HUD, and SBA</h3>
In the aftermath of Hurricane Helene, Americans felt abandoned by the perceived lack of federal resources to support survivors. While a $750 emergency credit line was the most publicized aid, the US government provides more holistic programs for disaster relief. DisasterAssistance.gov's&nbsp;<a href="https://www.disasterassistance.gov/get-assistance/find-assistance" rel="noreferrer noopener" target="_blank">application form</a>&nbsp;guides applicants to available resources from employment to housing to food assistance.&nbsp;
Additionally, the&nbsp;<a href="https://www.disasterassistance.gov/get-assistance/forms-of-assistance/4703#:~:text=Program%20Description,to%20rehabilitate%20your%20existing%20home." rel="noreferrer noopener" target="_blank">Department of Housing and Urban Development (HUD)</a>&nbsp;offers several programs for homeowners:
<ul>
<li>Section 203(h) provides mortgage insurance to buy or rebuild a primary home.&nbsp;</li>
<li>Section 203(k) provides mortgages to buy or refinance a home.&nbsp;</li>
<li>For structural repairs, a Limited 203(k) loan can cover up to $35,000 of work.&nbsp;</li>
<li>Mobile homeowners can find relief through the Title I Manufactured Home Loan program.&nbsp;</li>
</ul>
Another powerful avenue of support comes from&nbsp;<a href="https://www.sba.gov/funding-programs/disaster-assistance/physical-damage-loans" target="_blank" rel="noreferrer noopener">SBA physical damage loans</a>. Homeowners may apply for up to a $500,000 loan (after insurance coverage) capped at 4% interest ‒ significantly less than market rates ‒ to replace or repair their primary home. Renters are eligible for up to $100,000 to replace or repair personal property. Qualified businesses may be eligible for up to $2 million at 4% interest for applicants unable to obtain credit elsewhere or 8% interest for applicants with higher credit worthiness.&nbsp;
<h3 class="wp-block-heading">The Last Word: File for Disaster Relief</h3>
The Tocobagan charm held with Milton&#8217;s eye landing south of Tampa Bay, which averted a catastrophic direct hit scenario. But strong winds and stormy waters from Helene and Milton flooded many homes, leaving piles of debris still uncleared even nearly a month after. Federal programs exist to help hurricane affected residents recover. Affected homeowners, renters, and business owners should apply as soon as possible.

General

Funding for Hurricane Milton And Helene Recovery

Alto Ingredients (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTO#NASDAQ">ALTO</a>) reported quarterly earnings of $0.04 per share which met the analyst consensus estimate. The company reported quarterly sales of $251.814 million which missed the analyst consensus estimate of $267.568 million by 5.89 percent. This is a 20.84 percent decrease over sales of $318.127 million the same period last year.

Earnings

Earnings Misses

ALTO

Alto Ingredients Q3 2024 GAAP EPS $0.04, Inline, Sales $251.814M Miss $267.568M Estimate

TTEC Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEC#NASDAQ">TTEC</a>) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.14 by 21.43 percent. This is a 77.08 percent decrease over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $529.427 million which missed the analyst consensus estimate of $539.112 million by 1.80 percent. This is a 12.19 percent decrease over sales of $602.956 million the same period last year.

TTEC

TTEC Holdings Q3 2024 Adj. EPS $0.11 Misses $0.14 Estimate, Sales $529.427M Miss $539.112M Estimate

CDRE

Cadre Holdings Sees FY24 Net Sales $560M-$571M Vs $573.297M Est.

Chord Energy Q3 2024 Adj. EPS $3.40 Misses $3.78 Estimate, Sales $1.121B Miss $1.302B Estimate

Deluxe (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLX#NYSE">DLX</a>) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.74 by 13.51 percent. The company reported quarterly sales of $528.40 million which beat the analyst consensus estimate of $525.83 million by 0.49 percent. This is a 1.75 percent decrease over sales of $537.80 million the same period last year.

Earnings Beats

Deluxe Q3 2024 Adj EPS $0.84 Beats $0.74 Estimate, Sales $528.40M Beat $525.83M Estimate

Blend Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLND#NYSE">BLND</a>) reported quarterly sales of $45.184 million which beat the analyst consensus estimate of $41.906 million by 7.82 percent. This is a 11.32 percent increase over sales of $40.591 million the same period last year.

BLND

Blend Labs Q3 Sales $45.184M Beat $41.906M Estimate

Astronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATRO#NASDAQ">ATRO</a>) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $0.08 by 525 percent. The company reported quarterly sales of $203.700 million which beat the analyst consensus estimate of $198.610 million by 2.56 percent. This is a 25.03 percent increase over sales of $162.922 million the same period last year.

ATRO

Astronics Q3 2024 GAAP EPS $(0.34) Misses $0.08 Estimate, Sales $203.700M Beat $198.610M Estimate

Host Hotels &amp; Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HST#NASDAQ">HST</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.35 by 2.86 percent. This is a 12.2 percent decrease over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $1.32 billion which beat the analyst consensus estimate of $1.29 billion by 1.85 percent. This is a 8.65 percent increase over sales of $1.21 billion the same period last year.

Host Hotels & Resorts Q3 FFO $0.36 Beats $0.35 Estimate, Sales $1.32B Beat $1.29B Estimate

"We delivered solid third quarter and year-to-date adjusted earnings resulting from infrastructure investments and disciplined cost control. As a result of this solid execution, we expect to deliver 2024 adjusted earnings within a range of $4.55 to $4.69 per share. Looking ahead, we expect our 2025 earnings per share to be in the range of $4.85 to $5.05 per share, with the midpoint representing a 7.1% increase over the midpoint of our 2024 adjusted guidance range. Further, we continue to see significant opportunity for earnings growth in the years ahead as we focus on meeting our customers' growing needs for safe, reliable, affordable and cleaner energy," said Martin J. Lyons, Jr., chairman, president and chief executive officer of Ameren Corporation. "Through consistent execution of our long-term strategy, we expect to drive sustainable earnings and dividend growth for our shareholders."

Ameren Sees FY24 Adjusted Diluted EPS Guidance Range Established At $4.55-$4.69 Vs $4.62 Est.; FY25 Diluted EPS Guidance Range Established At $4.85-$5.05 Vs $4.91 Est.

Veeco Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VECO#NASDAQ">VECO</a>) is looking for Q4 GAAP EPS of $0.18-0.27 vs $0.28 analyst estimate..

VECO

Veeco Instruments Sees Q4 GAAP EPS $0.18-0.27 vs $0.28 Est

American Coastal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIC#NASDAQ">ACIC</a>) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.35 by 54.29 percent. The company reported quarterly sales of $82.136 million which missed the analyst consensus estimate of $84.514 million by 2.81 percent. This is a 47.18 percent increase over sales of $55.808 million the same period last year.

ACIC

American Coastal Q3 2024 Adj. EPS $0.54 Beats $0.35 Estimate, Sales $82.136M Miss $84.514M Estimate

Veeco Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VECO#NASDAQ">VECO</a>) is looking for Q4 Adj EPS of $0.35-0.45 vs $0.46 analyst estimate. seessales of $165.000 million-185.000 million vs $182.98 million estimate.

Veeco Instruments Sees Q4 Adj EPS $0.35-0.45 vs $0.46 Est; Sees Sales $165.000M-185.000M vs $182.98M Est

Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) reported quarterly losses of $(0.06) per share. This is a 40 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $101.000 thousand which missed the analyst consensus estimate of $300.000 thousand by 66.33 percent. This is a 100.26 percent increase over sales of $50.435 thousand the same period last year.

QUBT

Quantum Computing Q3 2024 GAAP EPS $(0.06) Up From $(0.10) YoY, Sales $101.000K Miss $300.000K Estimate

Sterling Infrastructure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRL#NASDAQ">STRL</a>) raises FY2024 GAAP EPS guidance from $5.60-5.75 to $5.85-6.00 vs $5.67 analyst estimate. Narrows FY2024 sales outlook from $2.15 billion-2.23 billion to $2.15 billion-2.17 billion vs $2.17 billion estimate.

STRL

Sterling Infrastructure Raises FY2024 GAAP EPS Guidance from $5.60-5.75 to $5.85-6.00 vs $5.67 Est; Narrows FY2024 Sales Guidance from $2.15B-2.23B to $2.15B-2.17B vs $2.17B Est

Tenaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TS#NYSE">TS</a>) reported quarterly earnings of $0.81 per share which beat the analyst consensus estimate of $0.66 by 22.73 percent. The company reported quarterly sales of $2.915 billion which beat the analyst consensus estimate of $2.771 billion by 5.20 percent. This is a 9.98 percent decrease over sales of $3.238 billion the same period last year.

Tenaris Q3 2024 Adj. EPS $0.81 Beats $0.66 Estimate, Sales $2.915B Beat $2.771B Estimate

Sinclair Broadcast Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $0.98 by 45.92 percent. This is a 293.24 percent increase over losses of $(0.74) per share from the same period last year. The company reported quarterly sales of $917.00 million which missed the analyst consensus estimate of $923.00 million by 0.65 percent. This is a 19.56 percent increase over sales of $767.00 million the same period last year.

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