Streetbeat News

Earnings

AMCR

BJRI

DBRG

NVT

BJ's Restaurants reported disappointing third-quarter earnings, leading to a 5.6% drop in pre-market trading. Other companies like nVent Electric, Amcor, and DigitalBridge also saw declines due to weaker-than-expected financial results.

Portfolio Pulse from Avi Kapoor

November 01, 2024 | 11:53 am

INTC

Intel's shares surged 6% in pre-market trading after Q3 earnings exceeded expectations. Despite a reported loss per share, revenue surpassed estimates. CEO Pat Gelsinger highlighted progress in cost reduction and efficiency. Intel projects Q4 revenue between $13.3B and $14.3B, with a gross margin of 39.5% and EPS of $0.12.

Portfolio Pulse from Benzinga Neuro

November 01, 2024 | 11:53 am

AMCR

Amcor shares declined following the release of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:48 am

AMZN

Amazon's Q3 earnings exceeded expectations, with net sales of $158.9 billion and EPS of $1.43, leading to a 6.77% rise in pre-market trading. The company anticipates strong Q4 growth.

Portfolio Pulse from Benzinga Neuro

November 01, 2024 | 11:48 am

MGA

Magna International shares are trading higher following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:48 am

NVT

nVent Electric's shares declined following the release of their Q3 financial results and a Q4 adjusted EPS guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:47 am

PPL

PPL Corporation has adjusted its 2024 earnings forecast range to $1.67-$1.73 per share, slightly increasing the midpoint to $1.70. The company also reaffirmed its projected annual EPS and dividend growth of 6%-8% through at least 2027.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:41 am

TDS

Telephone and Data Systems (TDS) has updated its 2024 guidance for UScellular, adjusting service revenue expectations to $2.95B-$3.00B from the previous $2.95B-$3.05B. TDS Telecom's total operating revenues remain unchanged at $1.05B-$1.08B.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:36 am

WCC

Wesco reaffirmed its 2024 financial outlook, projecting sales between $21.6 billion and $22 billion, which is below the estimated $22.22 billion. The adjusted EPS is expected to be between $12 and $13, aligning closely with the estimated $12.12.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:36 am

D

Dominion Energy has adjusted its FY24 earnings guidance to a range of $2.68 to $2.83 per share, maintaining the midpoint at $2.75. The company also reaffirmed its FY25 guidance and other financial projections.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:35 am