Streetbeat News

Earnings

ALHC

Alignment Healthcare reported Q3 earnings per share of $(0.14), meeting analyst expectations, and sales of $692.43 million, surpassing estimates by 4.58%. This marks a significant improvement from the previous year, with a 26.32% reduction in losses and a 51.61% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:47 pm

RDDT

Reddit, Inc. (NYSE:RDDT) reported strong Q3 results, beating earnings and revenue estimates. The company saw a significant increase in daily active users and improved profitability metrics. Reddit's Q4 guidance also surpassed expectations, leading to a 17.45% increase in its stock price after-hours.

Portfolio Pulse from Erica Kollmann

October 29, 2024 | 8:47 pm

CAKE

Cheesecake Factory shares rose following the company's announcement of better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:46 pm

PRO

Pros Holdings has announced its Q4 adjusted EPS guidance of $0.12-0.14, surpassing the analyst estimate of $0.08. However, its sales forecast of $84.1M-$85.1M is slightly below the $85.19M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:46 pm

MCY

Mercury General's shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:45 pm

MTH

Meritage Homes projects its Q4 home closing revenue to be between $1.50 billion and $1.59 billion, with an EPS range of $4.10 to $4.60 and a home closing volume of 3,750 to 3,950 units.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:45 pm

ILPT

Industrial Logistics (NASDAQ:ILPT) reported Q3 2024 earnings per share of $0.12, meeting analyst expectations. However, the company's sales of $108.945 million fell short of the $110.297 million estimate, marking a 1.09% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:45 pm

ALSN

Allison Transmission reported Q3 earnings per share of $2.27, surpassing the analyst estimate of $2.01, and sales of $824 million, exceeding the $787.77 million estimate. This marks a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:45 pm

KAI

Kadant (NYSE:KAI) reported Q3 earnings of $2.84 per share, surpassing the $2.43 estimate, and sales of $271.61M, exceeding the $266.45M estimate. This marks a 5.58% increase in earnings and an 11.23% increase in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:44 pm

LSTR

Landstar System reported Q3 earnings per share of $1.41, missing the consensus estimate of $1.45. Sales were $1.21 billion, slightly below the $1.22 billion estimate. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:44 pm