Streetbeat News

Earnings

CCB

Coastal Finl (NASDAQ:CCB) reported Q3 earnings of $0.75 per share, missing the analyst consensus estimate of $0.93 by 19.35%. This is a 8.54% decrease from the same period last year. The company also reported quarterly sales of $96.81 million, missing the analyst consensus estimate of $125.97 million by 23.15%. However, this is a 15.83% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:27 pm

FMX

FEMSA, a Mexican multinational beverage and retail company, reported a Q3 net profit of MXN$9.740 billion pesos and Q3 revenue of MXN$188.095 billion pesos.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:24 pm

ARCB

ArcBest Corp reported Q3 FY23 revenue of $1.128 billion, a decline of 11.6% year-over-year, slightly missing the consensus of $1.13 billion. Adjusted EPS was $2.31, above the consensus of $1.50. Operating income from continuing operations was $45.09 million, a decrease of 60.9% Y/Y. The company's Asset-Based and Asset-Light segments also saw declines. ArcBest has settled repurchases of 798,818 shares of common stock for $76.8 million under the current repurchase plan.

Portfolio Pulse from Akanksha Bakshi

October 27, 2023 | 1:08 pm

COUR

CRI

DECK

NWL

SMP

In Friday's pre-market session, several consumer discretionary stocks saw significant movement. Coursera (COUR), Deckers Outdoor (DECK), Volcon (VLCN), Kaival Brands Innovations (KAVL), Yoshiharu Global (YOSH), and JOANN (JOAN) all saw increases, with Coursera and Deckers Outdoor both releasing positive Q3 earnings reports. Conversely, Singing Machine Co (MICS), Zapp Electric Vehicles (ZAPP), Newell Brands (NWL), Cheetah Net Supply Chain (CTNT), Standard Motor Products (SMP), and Carter's (CRI) all saw decreases, with Newell Brands, Standard Motor Products, and Carter's releasing Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 1:05 pm

BHAT

CHTR

CMLS

FNGR

GPAK

HRYU

ICLK

LBRDK

NXTP

PODC

SOPA

TRKA

Several communication services stocks experienced significant movement in Friday's pre-market session. Hanryu Holdings, PodcastOne, Troika Media Group, iClick Interactive Asia, Society Pass, and Gamer Pakistan saw gains, while NextPlay Technologies, Blue Hat Interactive, Liberty Broadband, Cumulus Media, Charter Communications, and FingerMotion experienced losses. Cumulus Media and Charter Communications' Q3 earnings reports were released.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 1:05 pm

ABVC

APLM

CVRX

DXCM

ICU

KTTA

NXL

PTCT

PXMD

RNAZ

SNY

ZJYL

In Friday's pre-market session, several healthcare stocks experienced significant movement. Apollomics (APLM), SeaStar Medical Holding (ICU), CVRx (CVRX), ABVC BioPharma (ABVC), DexCom (DXCM), and Jin Medical International (ZJYL) saw gains, while TransCode Therapeutics (RNAZ), PTC Therapeutics (PTCT), Pasithea Therapeutics (KTTA), Sanofi (SNY), PaxMedica (PXMD), and Nexalin Technology (NXL) experienced losses. Q3 earnings reports were recently released for CVRx, DexCom, PTC Therapeutics, and Sanofi.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 1:05 pm

ASTR

NVVE

XOS

In Friday's pre-market session, several industrials stocks saw significant movement. Gainers included Xos, Astra Space, Rentokil Initial, Republic Servs, Mesa Air Gr, and Hyzon Motors, with increases ranging from 6.6% to 15.3%. Losers included Nuvve Holding, Barnes Gr, Electriq Power Holdings, Chart Industries, ShiftPixy, and AERWINS Technologies, with decreases ranging from 5.68% to 12.3%. Q3 earnings reports were released for Republic Servs, Barnes Gr, and Chart Industries.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 1:05 pm

COUR

DXCM

INTC

Intel, Dexcom, and Coursera shares are trading higher following their respective Q3/Q4 earnings reports. Intel and Coursera both reported better-than-expected results and issued strong guidance, while Dexcom announced strong Q3 results and a $500 million buyback.

Portfolio Pulse from ryanfaloona@benzinga.com

October 27, 2023 | 1:04 pm

TMP

Tompkins Financial Corporation (AMEX:TMP) reported a significant decrease in its Q3 earnings per share (EPS), with losses of $(2.35) compared to earnings of $1.48 per share in the same period last year. This represents a 258.78% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:02 pm

CWBC

Community West Bancshares reported Q3 earnings of $0.25 per share, a 35.9% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:01 pm