Streetbeat News

Earnings

MET

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

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:21 pm

CMCSA

NFLX

Comcast reported a Q3 revenue decline of 6.5% to $32.07 billion, beating estimates. Adjusted EPS was $1.12, also surpassing expectations. The Summer Olympics boosted NBCUniversal and Peacock, with Peacock's subscribers reaching 36 million. Comcast is exploring forming a new cable networks company.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 1:20 pm

HTCO

Caravelle International reported a 6-month EPS of $(0.01), an improvement from $(0.08) year-over-year, while revenue decreased to $34.86M from $49.55M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:20 pm

CI

Cigna shares are experiencing an upward trend due to the company's better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:20 pm

AUR

CMPS

EBAY

EL

HOOD

MPWR

OLED

ROKU

Several major stocks, including Estée Lauder, Robinhood, and eBay, are experiencing significant declines in pre-market trading. Estée Lauder's shares fell 17% after withdrawing FY25 guidance due to uncertainties in China and leadership changes. Other companies like Aurora Innovation, Roku, and Monolithic Power Systems also reported losses following earnings results.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:18 pm

BBD

Bank Bradesco (NYSE:BBD) reported Q3 2024 earnings of $0.08 per share, missing the $0.09 estimate. Sales were $3.766B, below the $5.322B estimate, but up 21.17% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:17 pm

DLR

SLG

SL Green Realty Corp and Digital Realty Trust Inc are identified as overbought stocks in the real estate sector, with RSI values above 70. SL Green reported a quarterly loss but exceeded expectations, while Digital Realty posted strong leasing results and raised its FY24 FFO guidance.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:17 pm

OSPN

OneSpan shares increased following the release of their Q3 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:15 pm

BAND

Bandwidth shares rose after the company reported Q3 financial results that exceeded expectations and provided Q4 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:11 pm

CFR

Cullen/Frost Bankers reported Q3 2024 earnings per share of $2.24, beating the consensus estimate of $2.16, but sales of $518.038 million missed the $523.644 million estimate. EPS decreased by 5.88% year-over-year, while sales increased by 5.42%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:10 pm