Streetbeat News

Earnings

WEC

WEC Energy Group has announced a 6.9% increase in dividends for 2025, aiming to boost shareholder value. The company also provided its earnings guidance for 2025.

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December 06, 2024 | 3:00 pm

ORCL

Oracle's cloud momentum and AI innovations are promising, but investors should wait for clearer visibility on partnership revenue synergies before making decisions on ORCL stock ahead of Q2 earnings.

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December 06, 2024 | 3:00 pm

SGU

Star Group (SGU) reported a challenging Q4 with a 10% drop in revenues and wider losses than expected. The company is focusing on improving cash reserves and making strategic investments to counteract these challenges.

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December 06, 2024 | 3:00 pm

CLBK

Columbia Financial (CLBK) is repositioning its balance sheet to enhance earnings, expand net interest margin, and reduce reliance on wholesale funding. Despite these strategic moves, the stock slid 1.5%.

Portfolio Pulse from

December 06, 2024 | 2:45 pm

LULU

Lululemon Athletica Inc (NASDAQ:LULU) shares surged premarket following impressive third quarter earnings. The company's revenue increased by 9% year-over-year to $2.4 billion, surpassing Wall Street estimates of $2.36 billion.

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December 06, 2024 | 2:45 pm

DOCU

The article discusses a strong jobs report that follows solid earnings reports, indicating a positive economic outlook. This could impact various sectors and companies, including those like DOCU, which may be mentioned in the context of the broader economic environment.

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December 06, 2024 | 2:45 pm

JXJT

JX Luxventure Limited (Nasdaq: JXJT) reported a 30% increase in revenue for the first half of 2024, reaching $28.18 million. This growth highlights strong performance in their integrated tourism services and e-commerce technology solutions.

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December 06, 2024 | 2:45 pm

AGX

Argan is experiencing significant revenue growth and margin expansion, driven by AI tailwinds. Concerns about backlog fluctuations overlook the company's strong earnings potential. The current valuation appears low for its growth trajectory.

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December 06, 2024 | 2:45 pm

CRWD

CrowdStrike's annual recurring revenue (ARR) surpassed $4 billion in Q3 FY25, growing 27% year-over-year with a 115% net retention rate. Falcon Flex contributed $1.3 billion in deal value, enhancing multi-module adoption and larger contract sizes. Revenue increased 31% YoY to $1 billion, with a 23% free cash flow margin and 'Rule of 51' efficiency.

Portfolio Pulse from

December 06, 2024 | 2:45 pm

LULU

Lululemon's Q3 report shows strong performance, leading to a surge in its stock price. Analysts are optimistic about the company's growth trajectory despite retail sector challenges.

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December 06, 2024 | 2:45 pm