Streetbeat News

Analyst Ratings

XOM

Exxon Mobil Corporation (NYSE:XOM) is set to release its Q3 financial results on Oct. 27, 2023. Analysts predict a sharp decline in earnings per share and revenue compared to the same period last year. The company's shares fell 0.9% to close at $107.60 on Thursday. Several analysts have recently adjusted their price targets for the company, with most maintaining a positive outlook.

Portfolio Pulse from Lisa Levin

October 27, 2023 | 7:06 am

PSX

Phillips 66 (NYSE:PSX) is expected to report lower Q3 earnings with an estimate of $4.76 per share, down from $6.46 per share a year ago. The company's revenue is projected to be $38.96 billion, compared to $48.76 billion in the same period last year. Analysts from Raymond James, Piper Sandler, B of A Securities, Wells Fargo, and Goldman Sachs have recently revised their price targets for PSX.

Portfolio Pulse from Lisa Levin

October 27, 2023 | 6:38 am

NWE

NorthWestern (NASDAQ:NWE) reported Q3 earnings of $0.49 per share, missing the analyst consensus estimate of $0.59 by 16.95%. This is a 16.67% increase from the same period last year. The company also reported quarterly sales of $321.10 million, missing the analyst consensus estimate of $347.20 million by 7.52%. This is a 4.18% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 6:09 am

PARA

PARAA

A new poll from Morning Consult shows an increase in approval for President Joe Biden's handling of the Middle East conflict, with 42% of voters approving, up from 35% two weeks ago. The poll also found that 47% of voters support a $14 billion funding request for Israel's military. The poll results come after Biden's appearance on '60 Minutes', a program aired on Paramount Global's (NASDAQ:PARA)(NASDAQ:PARAA) unit CBS, where he discussed the conflicts and pledged support for Israel and Ukraine.

Portfolio Pulse from Chris Katje

October 26, 2023 | 11:19 pm

NRIM

Northrim BanCorp (NASDAQ:NRIM) reported Q3 earnings of $1.48 per share, beating the analyst consensus estimate of $1.25 by 18.4%. However, this is a 15.91% decrease from the same period last year. The company also reported quarterly sales of $26.35 million, beating the analyst consensus estimate of $25.50 million by 3.33%, a slight increase from the same period last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:05 pm

CVRX

CVRx reported Q3 losses of $(0.43) per share, beating the analyst consensus estimate of $(0.58) by 25.86%. The company also reported quarterly sales of $10.51 million, beating the estimate of $9.82 million by 7.04%. This represents a 69.92% increase over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 26, 2023 | 8:54 pm

LTC

LTC Properties reported Q3 2023 earnings of $0.65 per share, beating the analyst consensus estimate of $0.64 by 1.56%. The company also reported quarterly sales of $49.30 million, surpassing the analyst consensus estimate of $47.98 million by 2.76%. Both earnings and sales have increased compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:46 pm

PGR

A significant bearish stance has been taken on Progressive (NYSE:PGR) as indicated by unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $130.0 to $160.0 for Progressive over the last 3 months. The current price of PGR is down -1.64% at $153.86. Analysts from various firms have maintained their ratings on Progressive with price targets ranging from $135 to $165.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 8:46 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has seen unusual options activity, with a significant number of bearish trades. Whales have been targeting a price range from $75.0 to $190.0 for CrowdStrike over the last 3 months. The company's stock price is currently down by 2.13% at $171.64. Analysts have mixed opinions, with upgrades and downgrades from Jefferies, DA Davidson, JMP Securities, and Argus Research.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 8:46 pm

MOFG

MidWestOne Financial Gr (NASDAQ:MOFG) reported Q3 earnings of $0.58 per share, beating the analyst consensus estimate of $0.57 by 1.75%. However, this is a 50.43% decrease from the same period last year. The company's quarterly sales of $34.58 million missed the analyst consensus estimate of $37.39 million by 7.53%, marking a 24.40% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 8:44 pm