Streetbeat News

Earnings

AER

AerCap Holdings has raised its full-year 2024 adjusted earnings per share guidance from $10.25 to $10.70, which is below the estimated $11.24. This adjustment does not include any gains on sale for Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:11 am

ARVN

Arvinas (NASDAQ:ARVN) reported a Q3 2024 GAAP EPS of $(0.68), beating the estimate of $(0.95). However, sales were $102.4 million, missing the $57.421 million estimate. This represents a 100% decrease from $34.6 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:10 am

INMD

InMode has revised its FY24 revenue outlook downwards from $430M-$440M to $410M-$420M, while maintaining its adjusted EPS guidance at $1.92-$1.96.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:10 am

PUMP

ProPetro Holding (NYSE:PUMP) reported a significant earnings miss for Q3 2024, with a GAAP EPS of $(1.32) compared to the expected $0.07. Sales also fell short of expectations, coming in at $360.870 million versus the $364.741 million estimate. Both earnings and sales showed a substantial decline from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:10 am

DAY

Dayforce anticipates a revenue growth of 14%-15% for FY25, excluding float, and an adjusted EBITDA margin exceeding 31%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:09 am

BACHY

Bank Of China reported Q3 earnings per share of $0.66, unchanged from last year, with sales increasing by 7.58% to $22.48 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:09 am

AMD

GOOG

GOOGL

QQQ

SPY

US stocks are expected to open higher as investors focus on GDP data and strong earnings from Alphabet, which beat revenue and EPS expectations. AMD fell 8% in premarket due to disappointing Q4 guidance. The 'Mag 7' earnings week continues with Apple, Microsoft, Meta, and Amazon. SPY and QQQ ETFs showed slight gains in premarket trading.

Portfolio Pulse from Rounak Jain

October 30, 2024 | 11:08 am

OSK

Oshkosh Corporation has updated its financial outlook for FY24, projecting an adjusted EPS of $11.35, slightly below the estimate of $11.40, but within the prior range of $10.45-$11.75. The company also forecasts revenues of $10.6 billion, slightly above the estimate of $10.51 billion, but below the prior view of $10.7 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:08 am

SMMT

Summit Therapeutics reported a Q3 loss of $(0.05) per share, beating the analyst estimate of $(0.07) and showing a 66.67% increase in losses compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:08 am

EXTR

Extreme Networks reported its Q1 2025 financial results, with adjusted EPS of $0.17, surpassing the estimate of $0.12. The company's sales reached $269.204 million, exceeding the expected $260.547 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:08 am