Streetbeat News

Earnings

RBC

RBC Bearings reported Q2 2025 earnings per share of $2.29, missing the analyst estimate of $2.30. Sales were $397.90M, below the expected $404.47M. Despite missing estimates, both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:01 pm

BTE

Baytex Energy shares rose following the announcement of better-than-expected Q3 sales results.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:00 pm

MRAAY

Murata Manufacturing projects its FY2024 GAAP EPS to be $0.84 and anticipates sales of $11.421 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:00 pm

HALO

Halozyme Therapeutics shares rose following the release of Q3 financial results that exceeded expectations and an optimistic FY24 adjusted EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:57 am

CVX

DRLL

WEEI

Chevron's Q3 earnings report shows a revenue beat and a 7% increase in oil-equivalent production, driven by the PDC Energy acquisition and Permian Basin output. Despite a drop in adjusted EPS, Chevron's shares rose 2.07% premarket. The company aims for $2-$3 billion in structural savings by 2026 and plans to divest $10-$15 billion in assets by 2028.

Portfolio Pulse from Lekha Gupta

November 01, 2024 | 11:54 am

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