Streetbeat News

Earnings

PM

Philip Morris (PM) remains a strong dividend investment with a 4.5% yield, outperforming the S&P 500 in 2024. Its diversified portfolio, including smoke-free products, supports continued growth despite regulatory risks. PM's 16-year dividend growth and forecasted 20% EPS growth enhance its appeal.

Portfolio Pulse from

January 02, 2025 | 3:45 pm

ONON

On Holding AG, a rapidly growing athletic wear brand, has reached its 12-month target price following strong Q3 results. The company's low inventory levels, direct-to-consumer strategy, and high gross margins make it a continued buy recommendation.

Portfolio Pulse from

January 02, 2025 | 3:30 pm

EBC

Eastern Bankshares, Inc. has announced the date for its fourth quarter 2024 earnings release, along with a conference call and webcast.

Portfolio Pulse from

January 02, 2025 | 3:30 pm

MBWM

Mercantile Bank Corporation (NASDAQ: MBWM) has announced a conference call and webcast to discuss its fourth quarter and full year 2024 financial results. The event is scheduled for January 2, 2025, at 10 a.m.

Portfolio Pulse from

January 02, 2025 | 3:15 pm

META

Meta Platforms is highlighted as a top pick for 2025 due to its strong growth in the core advertising business, despite losses in Reality Labs. The company plans to increase CapEx spending, but the market remains unfazed.

Portfolio Pulse from

January 02, 2025 | 3:15 pm

C

The article suggests that investors should consider finance stocks that are likely to beat quarterly earnings estimates, highlighting the Zacks Earnings ESP as a tool for identifying such stocks.

Portfolio Pulse from

January 02, 2025 | 3:15 pm

NIO

NIO reported record vehicle deliveries in Q4, indicating strong demand and potential for long-term growth. However, the company faces challenges such as persistent losses, financial strain, and increasing competition.

Portfolio Pulse from

January 02, 2025 | 3:15 pm

WMT

Walmart Inc. is recommended as a buy due to its strong financial performance, innovative business developments, and positive technical indicators. The company reported a 5.5% revenue growth last quarter, surpassing market expectations, and an 8.2% increase in operating income year-over-year. Despite a slightly higher forward P/E ratio, Walmart's forward PEG ratio of 3.83 suggests it is well-priced compared to competitors.

Portfolio Pulse from

January 02, 2025 | 3:00 pm

NSC

Norfolk Southern Corporation (NYSE: NSC) is set to announce its fourth quarter 2024 earnings results on January 29, 2025, during a live conference call and webcast.

Portfolio Pulse from

January 02, 2025 | 2:45 pm

BGCP

BGC Group has reaffirmed its revenue and pre-tax adjusted earnings guidance for the fourth quarter and full-year 2024.

Portfolio Pulse from

January 02, 2025 | 2:45 pm