Streetbeat News

Earnings

ZIMV

ZimVie (NASDAQ:ZIMV) is set to release its quarterly earnings report on October 30, 2024. Analysts estimate an EPS of $0.07. The company previously missed EPS estimates, leading to a significant share price drop. Despite past performance, analysts maintain a 'Buy' rating with a price target of $23.0, indicating a potential upside. ZimVie faces challenges in revenue growth compared to peers but shows strong net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:01 pm

SMP

Standard Motor Products (NYSE:SMP) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $1.11. Investors are keen on not just an earnings beat but also positive future guidance. Historically, SMP's stock price has reacted more to guidance than to earnings beats or misses.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:01 pm

TNK

Teekay Tankers (NYSE:TNK) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $2.12. Despite a past trend of share price drops post-earnings, the stock has a 'Buy' consensus with a potential 46.61% upside. The company's financials show strong net margins and ROE, but revenue growth lags behind peers.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:01 pm

THRM

Gentherm (NASDAQ:THRM) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $0.66. Despite past earnings beats, share prices have reacted negatively. Analysts rate Gentherm as Neutral with a price target of $56, suggesting a 34.29% upside. The company's financial performance shows challenges in profitability and returns, but it maintains a conservative debt approach.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:01 pm

SMMT

Summit Therapeutics (NASDAQ:SMMT) is set to release its quarterly earnings report on October 30, 2024. Analysts predict an EPS of -0.07. Investors are keen on the company's guidance for future growth, as past earnings beats have not always led to positive stock price movements.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:01 pm

SUM

Summit Materials (NYSE:SUM) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.71. The company has a history of beating estimates, which previously led to a share price increase. Currently, Summit Materials has a 'Buy' consensus rating with a 4.1% potential upside. The company shows strong revenue growth but faces challenges in profitability and debt management.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 7:00 pm

PSCD

VFC

V.F. Corporation (NYSE:VFC) reported strong Q2 earnings, beating revenue and EPS estimates. Analysts remain cautious on valuation despite margin gains. VFC shares rose 22%, with mixed regional performance and cautious future guidance.

Portfolio Pulse from Nabaparna Bhattacharya

October 29, 2024 | 7:00 pm

MSFT

Microsoft is set to report its Q1 earnings, with a focus on AI and cloud growth. Analysts expect revenue of $64.51 billion and EPS of $3.10. Key areas to watch include Azure and gaming, with potential impacts from AI investments and KPI changes.

Portfolio Pulse from Chris Katje

October 29, 2024 | 6:51 pm

F

Auto component companies' shares are declining, potentially in sympathy with Ford Motor's drop following its Q3 earnings report and FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:46 pm

TRNS

Transcat shares declined following the announcement of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:45 pm