Streetbeat News

Earnings

CAT

GOOG

GOOGL

META

MSFT

V

U.S. stock futures are mixed with key earnings reports from Meta, Alphabet, Microsoft, Visa, and Caterpillar. Meta is expected to report strong earnings, Alphabet exceeded expectations, Microsoft is anticipated to post solid results, Visa reported better-than-expected earnings, and Caterpillar is set to announce its earnings.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 6:03 am

FVRR

Fiverr has released its Q4 revenue guidance, expecting between $100.2M and $102.2M, slightly above the consensus of $100.641M. The company also anticipates adjusted EBITDA between $19.5M and $21.5M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:11 am

FVRR

Fiverr has raised its 2024 financial outlook, projecting higher revenue and adjusted EBITDA than previously expected. The company now anticipates 2024 revenue between $388M-$390M, up from $383M-$387M, and adjusted EBITDA of $73M-$75M, up from $69M-$73M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:09 am

FVRR

Fiverr International (NYSE:FVRR) reported Q3 2024 earnings of $0.64 per share, surpassing the analyst estimate of $0.59. Sales reached $99.628 million, exceeding the expected $96.416 million. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:02 am

GOOG

GOOGL

Alphabet Inc. announced that YouTube, acquired for $1.65 billion in 2006, has generated $50 billion in revenue over the past year. This success is attributed to its expansion into premium services and living room entertainment, competing with traditional TV and streaming services. Alphabet's strong quarterly performance exceeded Wall Street expectations, with a 15% revenue increase year-over-year.

Portfolio Pulse from Kaustubh Bagalkote

October 30, 2024 | 3:53 am

AMD

GOOG

GOOGL

META

MSFT

SNAP

U.S. stocks had a mixed performance with the Nasdaq Composite index rising. Alphabet, Meta Platforms, Microsoft, Snap, and AMD gained attention due to positive stock movements and strong financial results, particularly in AI and cloud sectors.

Portfolio Pulse from Benzinga Neuro

October 30, 2024 | 2:41 am

CMG

Chipotle Mexican Grill (NYSE:CMG) is using an AI tool to reduce hiring time by 75% during peak periods, boosting staffing levels. Despite a 13% revenue increase in Q3, results fell short of expectations, leading to a 5.27% drop in after-hours trading.

Portfolio Pulse from Ananya Gairola

October 30, 2024 | 2:01 am

GOOGL

Bitcoin nears a new all-time high, while Ethereum and Dogecoin also see significant gains. Alphabet's strong earnings boost stock markets, with the Nasdaq reaching a record close. Analysts highlight Bitcoin's potential for a historic monthly close and Ethereum's bullish outlook.

Portfolio Pulse from Aniket Verma

October 30, 2024 | 1:51 am

HURN

Huron Consulting Group has raised its FY2024 adjusted EPS guidance to $6.00-6.20, slightly above the analyst estimate of $6.00. The company also narrowed its revenue guidance to $1.47B-$1.49B, aligning closely with the $1.48B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:30 pm

BLX

Banco Latinoamericano (NYSE:BLX) reported a 15.2% increase in Q3 EPS to $1.44 and an 8.08% increase in sales to $77.60 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:04 pm