Streetbeat News

Earnings

CWH

Camping World Holdings (NYSE:CWH) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $0.20. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $16.52, down 34.8% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 5:01 pm

RGEN

Repligen Corporation reported better-than-expected Q3 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:57 pm

ETN

Eaton Corporation PLC (NYSE:ETN) reported a 10.7% YoY net sales gain in Q3 FY23, reaching $5.88 billion, slightly missing the consensus of $5.89 billion. Adjusted EPS improved 22% YoY to $2.47, beating the consensus of $2.34. The company reported strong growth in the Electrical and Aerospace sectors, with backlogs up 15% and 22% respectively. Eaton raised its FY23 guidance, expecting an adjusted EPS of $8.95-$9.05 and organic revenue growth of 11-12%. ETN shares were trading higher by 4.16% at $206.13.

Portfolio Pulse from Akanksha Bakshi

October 31, 2023 | 4:52 pm

TREE

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

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:49 pm

DVN

A significant investor has taken a bullish stance on Devon Energy (NYSE:DVN), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $403,444 and for calls is $273,702. Whales have been targeting a price range from $47.0 to $55.0 for Devon Energy over the last 3 months. The price of DVN is down -0.11% at $46.12. Next earnings are expected to be released in 7 days.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:46 pm

IGT

International Game Technology PLC (NYSE:IGT) reported flat Q3 FY23 revenue of $1.065 billion, beating the consensus of $1.029 billion. Revenue from Global Lottery declined by 4% Y/Y to $601 million, while Global Gaming rose 8% Y/Y to $409 million. Adjusted EBITDA rose 8% Y/Y to $433 million. The company declared a quarterly cash dividend of $0.20 per share. IGT expects Q4 revenue of $1.1 billion, with Global Lottery revenue up low-to-mid single-digits Y/Y. The company tightened the FY23 revenue outlook to $4.3 billion. IGT shares are trading lower by 4.58% at $25.21.

Portfolio Pulse from Lekha Gupta

October 31, 2023 | 4:39 pm

RGEN

Repligen Corporation reported Q3 revenues of $141.19 million, down 30% Y/Y, but beating the consensus of $140.64 million. The company's Q3 adjusted EPS reached 23 cents, beating the consensus of 17 cents. Repligen completed the acquisition of Metenova for $164 million in cash and $9 million in equity consideration. The company forecasts FY23 adjusted EPS of $1.70-$1.76 and revenues of $635 million-$645 million. William Blair reiterated the Outperform rating for Repligen.

Portfolio Pulse from Vandana Singh

October 31, 2023 | 4:32 pm

AZMN

META

PINS

SNAP

Shares of Pinterest Inc (NYSE:PINS) surged after the company reported strong Q3 earnings. Several analysts revised their forecasts, with BofA Securities upgrading the rating from Neutral to Buy and raising the price target from $32 to $37. KeyBanc Capital Markets, Roth Capital Partners, RBC Capital Markets, Wedbush, Piper Sandler, and Goldman Sachs also raised their price targets. The analysts highlighted Pinterest's improved position, better expense discipline, growth reacceleration, and successful new ad products.

Portfolio Pulse from Priya Nigam

October 31, 2023 | 4:31 pm

XYL

Water technology company Xylem Inc. reported a 50.4% YoY increase in Q3 FY23 revenue to $2.08 billion, beating the consensus of $1.99 billion. Adjusted EPS was $0.99, also beating the consensus of $0.89. The company raised its FY23 outlook, now expecting revenue of approximately $7.3 billion, up ~11% on an organic basis, and adjusted EPS of $3.71-$3.73. Following the announcement, XYL shares are trading higher by 3.90% to $92.75.

Portfolio Pulse from Akanksha Bakshi

October 31, 2023 | 4:30 pm

IPGP

IPG Photonics Corp reported a Q3 FY23 revenue decline of 14% YoY to $301.4 million, missing the consensus of $315.5 million. The company's adjusted EPS of $1.16 topped the consensus of $1.02. Despite challenges, the company saw growth in welding applications and increased demand for 3D printing applications. For Q4, IPG expects revenue of $270 million- $300 million, versus the consensus of $322.7 million, and EPS of $0.80 - $1.10 versus the consensus of $1.11.

Portfolio Pulse from Anusuya Lahiri

October 31, 2023 | 4:25 pm