Streetbeat News

Earnings

RMD

ResMed Inc (NYSE:RMD) reported strong Q1 results with a 34% increase in EPS and 11% revenue growth, surpassing expectations. The company's fundamentals remain positive, supported by strong demand and operational excellence. Analyst William Blair rates the stock as Outperform.

Portfolio Pulse from Vandana Singh

October 25, 2024 | 3:15 pm

TXRH

Texas Roadhouse shares are trading higher despite missing Q3 earnings expectations. Analysts have responded positively by raising their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 3:12 pm

FLS

Flowserve (NYSE:FLS) is set to announce its quarterly earnings on October 28, 2024. Analysts estimate an EPS of $0.66. Investors are keen on not just an earnings beat but also positive future guidance. Despite a previous EPS beat, the stock dropped 3.26% last quarter. Flowserve's shares have risen 44.12% over the past year, and analysts have a 'Buy' rating with a price target of $59.2, indicating a 12.72% upside. Flowserve's revenue growth is 7.08%, but it faces challenges with low net margin, ROE, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:03 pm

LEG

Leggett & Platt (NYSE:LEG) is set to release its quarterly earnings report on October 28, 2024. Analysts expect an EPS of $0.33. The company's past performance shows mixed results, with a recent trend of missing estimates. Shares are down 47.98% over the past year.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:03 pm

AMD

AVGO

INTC

MU

NVDA

ON

TSM

Chip stocks, including Nvidia, AMD, and others, are trading higher due to Western Digital's positive earnings report. KeyBanc analyst John Vinh highlights mixed performance in the semiconductor supply chain, with Nvidia and AMD benefiting from strong AI and server demand.

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 3:03 pm

CVI

CVR Energy (NYSE:CVI) is set to release its quarterly earnings on October 28, 2024, with analysts expecting an EPS of $0.21. The company's past performance shows mixed results, with a recent EPS beat leading to a share price increase. Analysts have a Neutral rating on CVR Energy, with a slight potential upside. The company faces revenue growth challenges but shows strong financial health in terms of net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:03 pm

ESI

Element Solutions (NYSE:ESI) is set to announce its quarterly earnings on October 28, 2024. Analysts estimate an EPS of $0.39. The company's past performance shows mixed results with stock price reactions. The consensus rating is 'Buy' with a price target suggesting a 22.31% upside. Element Solutions shows strong revenue growth and net margin but has a lower return on equity compared to peers.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:03 pm

ON

ON Semiconductor is set to release its quarterly earnings report on October 28, 2024. Analysts expect an EPS of $0.97. Investors are keen on the company's ability to surpass estimates and provide positive guidance, as past earnings have shown mixed market reactions.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:02 pm

EHC

Encompass Health (NYSE:EHC) is set to release its quarterly earnings report on October 28, 2024. Analysts estimate an EPS of $0.94. Despite a history of beating EPS estimates, the stock has shown mixed price reactions. Analysts rate the stock as a 'Buy' with a price target of $107, indicating a potential 13.04% upside. Encompass Health shows strong revenue growth and profitability metrics compared to peers.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:02 pm

CX

Cemex (NYSE:CX) is set to release its quarterly earnings on October 28, 2024. Analysts expect an EPS of $0.29. Investors are keen on not just an earnings beat but also positive future guidance. Past performance shows mixed results with varying stock price reactions.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 3:02 pm