Streetbeat News

Earnings

RDDT

Reddit shares rose following the release of strong Q3 financial results and optimistic Q4 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:24 pm

OI

O-I Glass reported a Q3 2024 adjusted EPS of $(0.04), missing the analyst estimate of $0.04. Sales were $1.700 billion, below the expected $1.761 billion, and a decrease from $1.740 billion last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:23 pm

QRVO

Qorvo's shares are declining as the company released Q3 guidance that falls short of market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:23 pm

RYI

Ryerson Holding reported Q3 sales of $1.126 billion, surpassing the analyst estimate of $1.12 billion, despite a 9.70% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:23 pm

FE

FirstEnergy has announced its adjusted EPS guidance for FY 2024, projecting a range of $2.61 to $2.71 per share, slightly below the consensus estimate of $2.70.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:23 pm

ATRC

Atricure shares rose as the company reported Q3 financial results that exceeded expectations, despite issuing FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:22 pm

GOOG

GOOGL

Alphabet Inc reported strong Q3 earnings with revenue of $88.27 billion, beating estimates. EPS was $2.12, also surpassing expectations. Google Cloud revenue grew 35% year-over-year, driven by AI advancements. The company's stock rose 3.38% in after-hours trading.

Portfolio Pulse from Chris Katje

October 29, 2024 | 8:22 pm

FE

FirstEnergy reported Q3 2024 earnings of $0.85 per share, missing the analyst estimate of $0.90. Sales were $3.70 billion, below the expected $3.91 billion, but up 6.11% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:22 pm

AMD

AMD shares are experiencing a decline in trading following the release of their Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:22 pm

OKE

ONEOK has released its financial projections for fiscal year 2024, with a net income midpoint of $2.995 billion, an EPS midpoint of $5.11, and an adjusted EBITDA midpoint of $6.625 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:21 pm