Streetbeat News

Earnings

UBER

Uber Technologies, Inc reported strong Q3 2024 earnings with a 20% revenue growth to $11.188 billion, beating analyst expectations. Despite positive earnings, the stock fell 7.09% premarket. Uber's CEO stated no plans for major M&A deals, focusing on organic growth.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 12:37 pm

ITRI

Itron has updated its 2024 adjusted EPS forecast to a range of $5.28-$5.38, significantly higher than its previous guidance of $4.45-$4.65 and the consensus estimate of $4.57.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:37 pm

EIPX

HAP

SHEL

Shell reported strong Q3 results with revenue of $71.09 billion, beating expectations. Despite a decline in adjusted earnings and EBITDA, net income rose. Shell announced a $3.5 billion buyback and revised capex guidance. Shares rose 1.11% premarket.

Portfolio Pulse from Lekha Gupta

October 31, 2024 | 12:37 pm

ITRI

Itron has forecasted its Q4 2024 adjusted EPS to be between $1.00 and $1.10, which is below the consensus estimate of $1.13.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:36 pm

ITRI

Itron has updated its Q4 2024 and full year 2024 guidance, forecasting Q4 sales between $600M-$610M, surpassing consensus estimates. The full year revenue guidance has been raised to $2.428-$2.438 billion, with non-GAAP EPS expected to be $5.28-$5.38.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:36 pm

IDCC

InterDigital has raised its fiscal year 2024 revenue outlook to $855M-$865M from the previous $690M-$740M, surpassing the $721.7M estimate. The company also increased its adjusted EPS forecast to $14.69-$14.99 from $9.70-$10.95, exceeding the $7.87 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:35 pm

CME

MU

TROW

VRTX

Jim Cramer recommends buying Vertex Pharmaceuticals, CME Group, and T. Rowe Price Group, while advising against selling Micron Technology. Vertex's price target was slightly lowered by Oppenheimer. CME reported strong earnings, and Micron announced board changes.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 12:34 pm

NNN

NNN REIT has adjusted its FY24 Core FFO guidance to a range of $3.28-$3.32, slightly narrowing from the previous range of $3.27-$3.33, and below the $33.33 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:33 pm

NREF

NexPoint Real Estate Finance (NYSE:NREF) has announced an expected Q4 GAAP EPS range of $0.61 to $0.69, significantly higher than the analyst estimate of $0.42.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:33 pm

FMBH

First Mid Bancshares reported Q3 earnings of $0.83 per share, missing the $0.84 estimate. Sales were $57.54M, below the $58.39M estimate. Despite missing estimates, earnings and sales increased compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:32 pm