Streetbeat News

Earnings

MVBF

MVB Financial reported a significant decrease in its Q3 earnings per share, dropping from $0.29 last year to $0.16 this year, marking a 44.83% decline.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

CFLT

Confluent (NASDAQ:CFLT) reported Q3 2024 earnings of $0.10 per share, surpassing the $0.05 estimate, and sales of $250.199M, exceeding the $244.768M estimate. This marks a 24.99% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

VTR

Ventas has provided its forecast for the fiscal year 2024 funds from operations (FFO), estimating a range of $3.14 to $3.18 per share, slightly below the consensus estimate of $3.17.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

NTGR

Netgear reported Q3 2024 earnings of $0.17 per share, significantly beating the analyst estimate of $(0.04). Sales were $182.854 million, also surpassing the $175.009 million estimate. However, both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

HUBG

Hub Group (NASDAQ:HUBG) reported Q3 2024 earnings per share of $0.52, surpassing the analyst estimate of $0.48. However, their sales of $986.892 million fell short of the expected $1.062 billion, marking a 3.70% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm

MMSI

Merit Medical has updated its FY24 adjusted EPS guidance from $3.25-$3.34 to $3.33-$3.38, surpassing the previous estimate of $3.30. The net sales forecast has been slightly adjusted to $1.344B-$1.352B, aligning with the previous estimate of $1.344B.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm

RELY

Remitly Global shares rose after the company reported strong Q3 financial results and provided Q4 revenue guidance that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm

BNL

Broadstone Net Lease (BNL) has projected its 2024 Adjusted Funds From Operations (AFFO) to be between $1.41 and $1.43.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm

AWRE

Aware Inc. (NASDAQ:AWRE) reported a significant decline in its Q3 financial performance, with EPS dropping from $0.05 to $(0.06) and sales falling from $6.38M to $3.85M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm

DAWN

Day One Biopharmaceuticals shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:38 pm