Streetbeat News

Earnings

INTT

inTest (AMEX:INTT) reported Q3 2024 earnings per share of $0.10, surpassing the analyst estimate of $0.07. However, their sales of $30.27 million fell short of the expected $32.99 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:18 am

NKLA

Nikola Corp. has yet to return 81 of the battery electric trucks it recalled last year due to fire incidents. The company has returned 78 trucks and aims to deliver at least 100 BEVs this year. Nikola reported Q3 revenue of $25.18 million, missing analyst estimates, and a larger-than-expected loss per share. The stock closed down 7% and is down 84.3% year-to-date.

Portfolio Pulse from Anan Ashraf

November 01, 2024 | 10:16 am

CVX

Chevron's Q3 2024 earnings per share of $2.51 exceeded analyst expectations of $2.43, despite being a 17.7% decrease from the previous year. Sales also surpassed estimates, reaching $50.669 billion, though this was a 6.31% decline from last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:15 am

WAT

Waters Corp has revised its FY24 sales growth and adjusted EPS forecasts. The company now expects reported sales growth between -0.8% and -0.2%, an improvement from the previous forecast. Adjusted EPS is projected to be between $11.67 and $11.87, higher than the prior estimate. The Wyatt transaction has contributed positively to sales.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:15 am

SEKEY

Seiko Epson has adjusted its financial guidance for FY2024, lowering its GAAP EPS from $1.31 to $1.01, while raising its sales outlook from $9.10 billion to $9.39 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:12 am

WAT

Waters Corp anticipates a Q4 constant currency sales growth of 5% to 7% and adjusted EPS between $3.90 and $4.10, slightly below the estimated $4.09.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:11 am

WAT

Waters Corporation reported better-than-expected Q3 2024 earnings, with adjusted EPS of $2.93 beating the estimate of $2.68 and sales of $740.30 million surpassing the $713.02 million estimate. This represents a 4.02% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:09 am

AAPL

Jim Cramer suggests that Apple's stock was overvalued following its Q3 earnings, despite a strong iPhone 16 launch defended by analyst Dan Ives. Apple's Q4 revenue and earnings exceeded expectations, but forecast cuts and aggressive pricing strategies in China have impacted its stock price.

Portfolio Pulse from Ananya Gairola

November 01, 2024 | 10:08 am

PRLB

Protolabs has provided guidance for Q4 2024, expecting adjusted EPS between $0.28 and $0.36, which is above the consensus of $0.29. The GAAP EPS is expected to be between $0.10 and $0.18, compared to the consensus of $0.13.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:08 am

CVX

Chevron reported its Q3 2024 adjusted earnings per share (EPS) at $2.51, surpassing the estimated $2.43. This indicates a positive performance for the company in the third quarter.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:06 am