Streetbeat News

Earnings

FCN

FTI Consulting shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:19 pm

FTXR

R

XTN

Ryder System Inc reported mixed Q3 results with sales growth but missed revenue estimates. Despite double-digit earnings growth in contractual businesses, the company faces challenges from the freight market downturn. Ryder lowered its FY24 revenue growth outlook and tightened EPS forecast. Shares fell 4.36%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 2:17 pm

THC

Tenet Healthcare Inc. (NYSE:THC) shares are trading at $154.83, down 1.77% recently. Despite a 6.13% decrease over the past month, the stock has risen 191.47% over the past year. The company's P/E ratio of 5.74 is lower than the industry average of 34.07, suggesting potential undervaluation or lower growth expectations.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:15 pm

CLB

Core Laboratories shares rose after the company reported better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:12 pm

PHAR

Pharming Group's shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:08 pm

SAH

Sonic Automotive shares are trading higher following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:07 pm

MTLS

Materialise shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:05 pm

LNN

Lindsay Corporation's shares are trading higher following the release of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:04 pm

CRAK

PXE

VLO

Valero Energy Corporation reported strong Q3 FY24 results with revenues of $32.876 billion, surpassing expectations. Despite a decline in operating income across segments, the company exceeded EPS estimates and returned $907 million to shareholders. Valero's shares are down 2.05%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 2:02 pm

KDP

Keurig Dr Pepper's Q3 earnings met expectations, but sales fell short, leading to a 4.06% drop in share price. The company announced the acquisition of GHOST Lifestyle and Beverages to boost its energy drink portfolio, with full consolidation expected by 2025.

Portfolio Pulse from Nabaparna Bhattacharya

October 24, 2024 | 2:02 pm