Streetbeat News

Earnings

TEX

Terex (NYSE:TEX) is set to release its quarterly earnings on October 30, 2024, with analysts estimating an EPS of $1.31. Despite a previous earnings beat, the stock saw a price drop, highlighting the importance of guidance. Terex has a Neutral analyst rating with a 15.4% potential upside. Compared to peers, Terex shows lower revenue growth but strong net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:01 pm

MPWR

In the last three months, 10 analysts have rated Monolithic Power Systems (NASDAQ:MPWR), with most being bullish. The average 12-month price target is $977.2, up from $869.70. Analysts have raised their price targets, reflecting positive sentiment. Monolithic Power Systems shows strong financial performance with a 15.03% revenue growth rate, a 19.78% net margin, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 5:00 pm

ESAB

ESAB Corporation shares rose following the announcement of strong Q3 financial results and an upward revision of the lower end of its 2024 guidance range.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:58 pm

GLW

Corning Incorporated shares rose following the announcement of better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:55 pm

ROKU

Roku Inc (NASDAQ:ROKU) is set to release its Q3 earnings, with high expectations following a strong Q2 performance. Analysts project a 9% year-over-year growth in platform revenue, driven by partnerships and ad monetization strategies. The company is expected to report $1.01 billion in revenue and $440 million in gross profit. Bank of America maintains a 'Buy' rating with a $90 price target, citing potential growth from political advertising and new ad verticals.

Portfolio Pulse from Henry Khederian

October 29, 2024 | 4:53 pm

IPGP

IPG Photonics reported better-than-expected Q3 earnings, with EPS of 29 cents and revenues of $233.143 million. Despite a 23% revenue decline year-over-year, shares rose 10.4% due to the earnings beat and plans to acquire Clean-Lasersysteme GmbH. The acquisition aims to strengthen IPG's position in the laser cleaning market.

Portfolio Pulse from Nabaparna Bhattacharya

October 29, 2024 | 4:52 pm

IVVD

Invivyd shares fell after the company reported preliminary Q3 results and withdrew its guidance.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:50 pm

NWN

Northwest Natural Gas (NW Holdings) reaffirmed its FY24 adjusted EPS guidance of $2.20-$2.40, despite revising its GAAP guidance to $1.94-$2.14 due to a $13.7 million non-cash charge.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:47 pm

PYPL

JP Morgan analyst Tien-tsin Huang maintains an Overweight rating on PayPal despite a slight revenue miss in Q3. PayPal's transaction growth is strong, but Q4 revenue guidance is lower than expected, impacting investor enthusiasm.

Portfolio Pulse from Anusuya Lahiri

October 29, 2024 | 4:42 pm

BOOT

CROX

DBGI

GPRO

MMA

VFC

Several consumer discretionary stocks experienced significant price movements during Tuesday's intraday session. VF Corp (VFC) and Alta Global Group (MMA) saw notable gains, while Digital Brands Group (DBGI) and Crocs (CROX) faced substantial declines. Earnings reports influenced some of these movements.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 4:31 pm