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Analyst Ratings

INVA

Innoviva reported Q3 earnings of $0.98 per share, beating the analyst consensus estimate of $0.27 by 262.96 percent. However, this is a 65 percent decrease from last year's earnings. The company's quarterly sales of $67.26 million missed the analyst consensus estimate of $75.65 million by 11.09 percent, but remained the same as last year's sales.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:40 pm

INVA

Innoviva reported Q3 earnings of $0.98 per share, beating the analyst consensus estimate of $0.27 by 262.96%. However, this is a 65% decrease from the same period last year. The company's quarterly sales of $67.26 million missed the analyst consensus estimate of $75.65 million by 11.09%, but remained the same as last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:39 pm

SEMR

SEMrush Hldgs (NYSE:SEMR) reported Q3 2023 earnings of $0.03 per share, beating the analyst consensus estimate of $0.02 by 50%. This is a 150% increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $78.72 million, beating the analyst consensus estimate of $78.70 million by 0.02%. This is a 19.64% increase over sales of $65.79 million the same period last year.

Portfolio Pulse from totan@benzinga.com

November 01, 2023 | 9:14 pm

AYRWF

GLASF

TRSSF

The cannabis market experienced significant volatility in October, with multi-state operators (MSOs) seeing an average share performance drop of 27%. However, Tier-2 MSOs, including TerrAscend Corp (OTC:TRSSF), Glass House Brands Inc (OTCQX:GLASF), and Ayr Wellness (OTC:AYRWF), outperformed the market with a 4% YTD increase. Analyst Scott Fortune attributes the market turbulence to global and domestic challenges and emphasizes the need for federal reform. He views the current low valuations as a favorable buying opportunity.

Portfolio Pulse from Patricio Liddle

November 01, 2023 | 9:10 pm

MLNK

MeridianLink (NYSE:MLNK) reported Q3 earnings of $0.10 per share, beating the analyst consensus estimate of $0.04 by 150%. This is a 66.67% increase from the same period last year. However, the company's quarterly sales of $76.49 million missed the analyst consensus estimate of $76.73 million by 0.32%, though it's a 6.60% increase from last year.

Portfolio Pulse from bharat@benzinga.com

November 01, 2023 | 9:08 pm

RGR

Sturm Ruger & Co (NYSE:RGR) reported Q3 2023 earnings of $0.42 per share, missing the analyst consensus estimate of $0.87 by 51.72%. This is a 59.22% decrease from the same period last year. The company also reported quarterly sales of $120.89 million, missing the analyst consensus estimate of $137.42 million by 12.03%. This is a 13.27% decrease from the same period last year.

Portfolio Pulse from saritha@benzinga.com

November 01, 2023 | 9:05 pm

AROC

Archrock (AROC) reported Q3 earnings of $0.20 per share, beating the analyst consensus estimate of $0.19 by 5.26%. This is a 100% increase from the same period last year. The company also reported quarterly sales of $253.37 million, beating the analyst consensus estimate of $252.04 million by 0.53%. This is an 18.58% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

November 01, 2023 | 9:00 pm

PRU

Prudential Financial's Q3 earnings per share of $3.44 beat the analyst consensus estimate of $3.13 by 9.9%, a 61.5% increase YoY. However, its quarterly sales of $10.13 billion missed the estimate of $12.96 billion by 21.87%, a 53.14% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:00 pm

QDEL

QuidelOrtho (NASDAQ:QDEL) reported Q3 earnings of $0.90 per share, beating the analyst consensus estimate of $0.46 by 95.65%. However, this is a 51.35% decrease from the same period last year. The company also reported quarterly sales of $744.00 million, beating the analyst consensus estimate of $655.33 million by 13.53%, but this is a 5.08% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:58 pm

HCC

Warrior Met Coal (NYSE:HCC) reported Q3 earnings of $1.85 per share, beating the analyst consensus estimate of $1.40 by 32.14%. However, this is a 11.9% decrease from the same period last year. The company also reported Q3 sales of $423.49 million, beating the analyst consensus estimate of $366.91 million by 15.42%, and marking an 8.54% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:58 pm