Streetbeat News

Earnings

WSFS

WSFS Financial (NASDAQ:WSFS) is set to release its quarterly earnings report on October 24, 2024. Analysts expect an EPS of $1.06. Investors are keen on not just an earnings beat but also positive future guidance. Historically, WSFS has beaten EPS estimates but experienced mixed stock price reactions.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:01 pm

ORI

Old Republic Intl (NYSE:ORI) is set to release its quarterly earnings report on October 24, 2024. Analysts expect an EPS of $0.73. The company's past performance shows a positive trend in share price following earnings beats. Shares are currently trading at $35.77, up 28.26% over the past year.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:00 pm

JEF

Jefferies Financial Group Inc. (NYSE:JEF) has seen a 0.44% drop in its stock price to $65.21, but has increased by 5.23% over the past month and 102.39% over the past year. The company's P/E ratio is lower than the industry average, suggesting potential undervaluation, but investors should consider other factors beyond the P/E ratio for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:00 pm

AVY

Avery Dennison Corporation reported mixed Q3 results with earnings slightly beating expectations but revenue falling short. The company tightened its annual outlook and revised its 2024 earnings guidance. Despite a strong balance sheet, AVY shares fell by 1.89%.

Portfolio Pulse from Nabaparna Bhattacharya

October 23, 2024 | 3:57 pm

ENPH

SEDG

JPMorgan analyst Mark Strouse has lowered estimates for SolarEdge Technologies (SEDG) ahead of its Q3 earnings, citing weak demand in Europe as seen in Enphase Energy's (ENPH) results. Strouse maintained an Overweight rating but reduced the price target from $35 to $29. SolarEdge's significant European exposure and potential cash burn raise liquidity concerns.

Portfolio Pulse from Priya Nigam

October 23, 2024 | 3:56 pm

GE

GE Aerospace shares rose after the company reported better-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:53 pm

MGDDF

MGDDY

Michelin has adjusted its full-year guidance, expecting sales volumes to range between -6% and 4%. The group's total sales for the first nine months were €20.171 billion, a 4.6% decrease year-over-year. Segment operating income is now expected to be around €3.4 billion, down from the previous estimate of more than €3.5 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:52 pm

TXN

Texas Instruments (NASDAQ:TXN) reported better-than-expected Q3 results, but provided sluggish Q4 guidance. Analysts have mixed ratings, with some maintaining buy ratings and others neutral. The stock rose due to expectations of inventory correction ending.

Portfolio Pulse from Priya Nigam

October 23, 2024 | 3:49 pm

BA

Boeing shares are declining due to disappointing Q3 financial results. Additionally, union members are set to vote on a new contract proposal today.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:48 pm

MCD

T

McDonald's stock experienced a decline due to an E. Coli outbreak, while AT&T's stock rose following positive Q3 earnings. The 10-year Treasury yield increased by 0.71%.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:44 pm