Streetbeat News

Earnings

SKX

TOGA

Skechers U.S.A., Inc. (NYSE:SKX) reported a 16% year-over-year sales growth in Q3, surpassing expectations. The company raised its FY24 EPS and sales guidance, driven by strong wholesale performance and athlete endorsements. SKX shares rose 8.23% premarket.

Portfolio Pulse from Lekha Gupta

October 25, 2024 | 12:36 pm

WM

Waste Management, Inc. (NYSE:WM) is set to release its Q3 earnings on Oct. 28, with analysts expecting an EPS of $1.89 and revenue of $5.51 billion. The company offers a 1.44% annual dividend yield. William Blair initiated coverage with an Outperform rating. Shares fell 1.4% to $208.91.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 12:36 pm

AON

Aon shares are trading higher following the company's announcement of better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:34 pm

ICLR

Icon shares are trading lower following a price target cut by Baird from $340 to $249, and due to weaker-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:27 pm

OPY

Oppenheimer Holdings reported a significant increase in Q3 earnings per share (EPS) and sales compared to the same period last year. EPS rose by 78.51% to $2.16, while sales increased by 19.41% to $373.35 million.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:26 pm

TROX

Tronox Holdings shares declined following the release of disappointing Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:23 pm

BAH

Booz Allen Hamilton reported strong Q2 performance with adjusted EPS of $1.81, beating estimates. Sales rose 18% to $3.15 billion, and backlog expanded to $41.3 billion. The company raised its fiscal 2025 outlook, expecting revenue growth of 11%-13% and adjusted EPS of $6.10-$6.30. BAH stock gained 12.30% premarket.

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 12:19 pm

NEM

OLN

WLK

The article highlights three oversold stocks in the materials sector: Westlake Corp (WLK), Newmont Corporation (NEM), and Olin Corp (OLN). These stocks have RSI values indicating they are oversold, presenting potential buying opportunities. Westlake is set to release its Q3 2024 earnings soon, Newmont reported better-than-expected earnings, and Olin faced challenges due to Hurricane Beryl.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 12:14 pm

GNTX

Gentex Corporation has revised its fiscal year 2024 outlook, lowering its net sales projection to $2.35B-$2.40B from the previous $2.40B-$2.50B. The company also adjusted its gross margin forecast to 33.5%-34.0% from 34%-34.5%.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 12:11 pm

COUR

CPRI

DECK

FFIE

FORD

JFBR

LGCB

NWL

NXU

TKLF

TPR

ZCMD

The article highlights the pre-market movements of several consumer discretionary stocks. Notable gainers include Yoshitsu Co, Jeffs Brands, Faraday Future, Tapestry, Deckers Outdoor, and Newell Brands. Significant losers include Capri Holdings, Coursera, Nxu, Forward Industries, ZHONGCHAO, and Linkage Global.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 12:08 pm