Streetbeat News

Earnings

PEBO

Peoples Bancorp (NASDAQ:PEBO) reported Q3 2024 earnings of $0.89 per share, surpassing the $0.82 estimate, and sales of $114.893M, exceeding the $111.681M estimate. Despite beating estimates, both earnings and sales showed a slight decline compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:05 am

BANC

Banc of California reported Q3 2024 adjusted earnings per share of $0.25, significantly surpassing the analyst consensus estimate of $0.10 by 150%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:03 am

PII

Polaris reported Q3 2024 earnings per share of $0.73, missing the analyst estimate of $0.88, and sales of $1.72 billion, missing the $1.77 billion estimate. Both figures represent significant declines from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:03 am

DHR

Danaher Corporation reported its Q3 2024 financial results, with adjusted EPS of $1.71 surpassing the estimated $1.57, and sales of $5.798 billion exceeding the expected $5.587 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:02 am

LMT

Lockheed Martin's shares rose 1.04% in pre-market trading as the company is set to release its Q3 financial results. Analysts expect continued outperformance with earnings of $6.50 per share and $17.351 billion in revenue. The company is also in focus for its acquisition of Terran Orbital Corp, $5.1 billion in secured contracts, and potential benefits from relaxed U.S. export restrictions.

Portfolio Pulse from Pooja Rajkumari

October 22, 2024 | 9:37 am

TSLA

Tesla shareholders are seeking clarity from Elon Musk on timelines for upcoming products and promises, including affordable models, FSD technology, and the next-generation Roadster, ahead of the Q3 earnings call.

Portfolio Pulse from Anan Ashraf

October 22, 2024 | 9:36 am

GM

LMT

SAVE

VZ

The Dow Jones fell over 300 points as market sentiment declined, moving the Fear & Greed Index to the 'Greed' zone. Spirit Airlines extended its card processing agreement deadlines. Investors await earnings from GM, Verizon, and Lockheed Martin.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 7:31 am

MMM

3M Company (NYSE:MMM) is set to release its Q3 earnings on Oct. 22, with expected earnings of $1.9 per share and revenue of $6.06 billion, both down from the previous year. Analysts have recently adjusted their ratings and price targets for 3M, with some upgrading the stock to Buy and others maintaining Neutral or Overweight ratings.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 7:13 am

TSLA

Tesla's recent robotaxi reveal has disappointed investors, leading to concerns about the company's growth prospects. Jefferies raised Tesla's price target but maintained a Neutral rating, citing subdued growth due to aging models and delivery challenges. Tesla's stock has been under pressure, with a recent decline following the robotaxi reveal.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 7:13 am

GM

LMT

RLI

VZ

ZION

General Motors, Verizon, Zions Bancorporation, RLI Corp., and Lockheed Martin are in focus as they report earnings. GM and Verizon are expected to release earnings before the market opens, while Zions and RLI have already reported better-than-expected results. Lockheed Martin is also set to report earnings.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 6:30 am