Streetbeat News

Earnings

INTC

Intel is expected to report a Q3 loss of 2 cents per share, a significant drop from last year's profit of 37 cents per share. Revenue is projected at $13.02 billion. Analysts have revised their ratings, with some maintaining sell ratings and lowering price targets. Intel's stock fell 2.6% recently.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:57 pm

VNT

Vontier shares are trading higher following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:57 pm

MSFT

MTNB

ROOT

U.S. stocks fell with the Nasdaq down over 1% and Microsoft shares dropping 5% after Q1 results. Energy shares rose, while information technology shares fell. Root, Inc. surged 138% on strong Q3 results, while Matinas BioPharma dropped 64% after terminating a negotiation.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:56 pm

MIDD

Middleby shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:55 pm

HWKN

Hawkins shares declined following disappointing Q2 financial results. The company also acquired Water Guard's assets, though terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:54 pm

BIO

Bio-Rad Laboratories shares increased following the release of their Q3 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:52 pm

PSMT

PriceSmart shares declined following the release of disappointing Q4 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:51 pm

RBLX

Roblox Corp (NYSE:RBLX) reported strong Q3 2024 earnings with a 34% increase in bookings, surpassing analyst expectations. The company also raised its annual outlook, projecting higher bookings for Q4 and fiscal 2024. Despite recent bearish reports, Roblox's stock rose 15.30% premarket, supported by positive analyst ratings.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 1:49 pm

DRVN

Driven Brands shares rose following the announcement of better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:46 pm

VAL

Valaris shares are experiencing an increase in trading value following the company's announcement of Q3 revenue results that surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:45 pm