Streetbeat News

Earnings

EBAY

EBIZ

ONLN

EBay's shares fell nearly 10% after the company reported Q3 earnings that beat expectations but issued Q4 and FY 2024 revenue guidance below estimates. Despite positive earnings and cash flow, the lower guidance impacted investor sentiment.

Portfolio Pulse from Lekha Gupta

October 31, 2024 | 2:10 pm

MATX

Matson shares rose following the company's announcement of better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:09 pm

VRN

Veren shares declined following the release of disappointing Q3 adjusted EPS results and FY24 production updates.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:08 pm

LAUR

Laureate Education shares are experiencing an increase in trading value following the release of their Q3 financial results, which surpassed market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:07 pm

ARW

Arrow Electronics shares declined after the company provided Q4 adjusted EPS guidance that fell short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:06 pm

KTB

Kontoor Brands shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:05 pm

BMY

Bristol Myers Squibb (BMY) reported strong Q3 results with revenues of $11.89 billion, surpassing expectations. The growth was driven by high demand for its Growth Portfolio, including drugs like Reblozyl and Eliquis. The company raised its 2024 outlook, expecting revenue growth of around 6%.

Portfolio Pulse from Vandana Singh

October 31, 2024 | 2:03 pm

SPG

Simon Property Group (NYSE:SPG) is set to release its quarterly earnings on November 1, 2024. Analysts expect an EPS of $3.01. The company's past performance shows a tendency for stock price increases even when EPS estimates are missed. The stock has risen 45.34% over the past year, and analysts have a Neutral rating with a price target suggesting a potential downside. SPG's financials show strong profitability but challenges in debt management.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:02 pm

MRAAY

Murata Manufacturing (OTC:MRAAY) is set to release its quarterly earnings report on November 1, 2024. Analysts expect an EPS of $0.14. The market is hopeful for results that surpass estimates and positive guidance for the next quarter. Murata's stock has seen a 52-week decline of 8.29%, with past earnings showing mixed results.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:02 pm

TTDKY

TDK (OTC:TTDKY) is set to release its quarterly earnings report on November 1, 2024. Analysts expect an EPS of $0.21. Despite past earnings beats, TDK's stock price has shown mixed reactions. Shares are currently trading at $12.26, up 49.94% over the past year.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 2:01 pm