Streetbeat News

Earnings

CCB

Coastal Financial's CEO, Eric Sprink, anticipates increased profitability for the company by 2025.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:31 pm

CCB

Coastal Financial (NASDAQ:CCB) reported Q3 2024 earnings per share of $0.97, surpassing the analyst estimate of $0.95. However, their sales of $152.255 million fell short of the expected $154.262 million.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:30 pm

CPAY

Corpay, Inc. (NYSE:CPAY) announced its preliminary Q3 2024 financial results, reporting adjusted EPS of $5.00, beating estimates of $4.96, and revenue of $1.29 billion, surpassing the $1.03 billion estimate. The company reiterated its full-year adjusted EPS guidance of $19.00.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:18 pm

AAL

BWXT

UAL

Three industrial stocks, American Airlines (AAL), United Airlines (UAL), and BWX Technologies (BWXT), have shown significant gains over the past month, indicating potential overbought conditions. AAL and UAL reported strong financial results, while BWXT is set to release its earnings soon.

Portfolio Pulse from Avi Kapoor

October 28, 2024 | 1:13 pm

FMX

Fomento Economico (NYSE:FMX) reported Q3 2024 earnings per share of $0.84, missing the consensus estimate of $1.06 by 20.75%. However, sales were $10.402 billion, surpassing the $10.143 billion estimate, despite a 5.64% decrease from last year's $11.024 billion.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:07 pm

SJW

SJW Group has reaffirmed its FY24 adjusted EPS guidance of $2.68-$2.78, slightly above the estimated $2.75. The company also reiterates its long-term EPS growth target of 5% to 7%, based on 2022's EPS of $2.43.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:04 pm

SJW

SJW Group reported Q3 earnings of $1.18 per share, surpassing the $1.17 estimate, and sales of $225.06M, exceeding the $213.50M estimate. This marks a 4.42% increase in earnings and a 9.87% increase in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:03 pm

ON

ON Semiconductor shares are experiencing an increase in trading value following a positive Q3 earnings report that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:53 pm

ON

ON Semiconductor reported a Q3 revenue decline of 19.2% but still beat analyst expectations. The company is focusing on growth in automotive and AI markets despite margin pressures. The stock is up 2.71% premarket.

Portfolio Pulse from Anusuya Lahiri

October 28, 2024 | 12:50 pm

ARLP

Alliance Resource Partners shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:45 pm