Streetbeat News

Earnings

ZBRA

Zebra Technologies Corporation (NASDAQ:ZBRA) reported strong Q3 earnings, surpassing analyst expectations with sales of $1.255 billion and adjusted earnings of $3.49 per share. The company saw significant growth in its main business segments and has increased its full-year outlook. Zebra shares rose 4.31% following the announcement.

Portfolio Pulse from Vaishali Prayag

October 29, 2024 | 3:10 pm

RCL

Royal Caribbean shares initially fell due to mixed Q3 earnings results but have since rebounded and are trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:07 pm

CDNS

SNPS

Synopsys shares are trading higher, likely in response to Cadence Design Systems' strong Q3 earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 3:04 pm

STAA

Staar Surgical (NASDAQ:STAA) is set to release its quarterly earnings report on October 30, 2024, with analysts expecting an EPS of $0.17. Despite a previous EPS miss, the stock rose by 11.03% the next day. Analysts rate the stock as a 'Buy' with a price target of $42.5, indicating a potential 38.48% upside. The company shows strong revenue growth and profitability metrics compared to peers.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 3:03 pm

AIN

Albany International (NYSE:AIN) is set to announce its quarterly earnings on October 30, 2024. Analysts estimate an EPS of $0.90. Investors are keen on not just an earnings beat but also positive future guidance. Previously, Albany Intl missed EPS by $0.02 but saw a 1.83% share price increase. The stock is down 12.04% over the past year. Analysts rate it a 'Buy' with a price target of $86, suggesting a 19.03% upside.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 3:03 pm

SPXC

SPX Techs (NYSE:SPXC) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $1.36. The company previously beat EPS estimates, leading to a share price increase. Shares are up 94.98% over the last year, indicating bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 3:02 pm

KMPR

Kemper (NYSE:KMPR) is set to release its quarterly earnings report on October 30, 2024. Analysts expect an EPS of $1.37. Historically, Kemper's stock price has reacted negatively even when EPS estimates were surpassed. Shares are currently trading at $64.34, up 61.93% over the past year.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 3:02 pm

THC

Tenet Healthcare Corporation (NYSE:THC) reported strong Q3 results, with sales of $5.12 billion and adjusted EPS of $2.93, both exceeding expectations. The company raised its annual forecast due to robust same-store revenue and free cash flow growth. THC stock rose 12.01% following the announcement.

Portfolio Pulse from Vandana Singh

October 29, 2024 | 3:02 pm

SITC

SITE Centers (NYSE:SITC) is set to release its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.89. The company previously beat EPS estimates but saw a share price drop. Analysts rate SITE Centers as Neutral with a price target suggesting significant upside. The company faces challenges in revenue growth but excels in profitability metrics.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 3:02 pm

EPD

Enterprise Products Partners L.P. (NYSE:EPD) reported a 14.8% increase in Q3 sales to $13.775 billion, missing the consensus estimate. Despite a rise in adjusted EBITDA and EPS, both missed expectations. The company highlighted new asset growth and acquisitions, including Piñon Midstream, to boost cash flow and strengthen its NGL value chain.

Portfolio Pulse from Akanksha Bakshi

October 29, 2024 | 3:02 pm