Streetbeat News

Earnings

MGPI

MGP Ingredients shares declined following the release of soft preliminary guidance and a reduced financial outlook for 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:36 am

ALV

Autoliv shares rose as the company reported better-than-expected Q3 sales results.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:34 am

ALLY

Ally Financial reported Q3 2024 earnings per share of $0.95, significantly surpassing the analyst estimate of $0.53. The company's sales also exceeded expectations, reaching $2.058 billion compared to the estimated $2.030 billion.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:28 am

COHR

CVS

ISRG

NFLX

QQQ

SPY

WAL

US stocks are set to end the week strong, driven by positive earnings from Netflix and optimism in the tech sector. Gold hits new highs, while oil remains volatile. Key economic data and Fed speeches are expected to influence market sentiment.

Portfolio Pulse from Shanthi Rexaline

October 18, 2024 | 11:25 am

CI

CVS

UNH

CVS Health has appointed David Joyner as the new CEO amid financial struggles, with third-quarter earnings expected to miss projections. The company is backing away from its annual forecast and facing FTC complaints. CVS is also considering restructuring its retail and insurance businesses.

Portfolio Pulse from Vandana Singh

October 18, 2024 | 11:14 am

AXP

American Express has raised its full-year EPS guidance from $13.30-$13.80 to $13.75-$14.05, indicating improved financial performance expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:01 am

KSPI

Kaspi.kz is on track to achieve a net income growth of approximately 25% for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:01 am

KSPI

Kaspi.kz reported a 34% increase in nine-month revenue and a 23% rise in net income. This indicates strong financial performance for the company.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:01 am

AXP

American Express reported its Q3 2024 earnings with an EPS of $3.49, surpassing the estimate of $3.28. However, its sales of $16.636 billion slightly missed the expected $16.669 billion.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:00 am

PG

Procter & Gamble has reiterated its fiscal year 2025 outlook, projecting adjusted EPS between $6.91 and $7.05, compared to the estimated $6.97. The company also forecasts sales between $85.720 billion and $87.401 billion, against an estimate of $86.06 billion.

Portfolio Pulse from Mohit Manghnani

October 18, 2024 | 10:59 am