Streetbeat News

Earnings

PAC

Grupo Aeroportuario del (NYSE:PAC) reported strong Q3 2024 earnings, with EPS of $3.13 beating estimates by 48.34% and sales of $435.1M surpassing expectations by 15.31%.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 5:29 am

LOGI

Logitech has raised its fiscal year 2025 outlook, now expecting sales between $4.39 billion and $4.47 billion, up from the previous range of $4.34 billion to $4.43 billion. The company also increased its non-GAAP operating income forecast to $720 million-$750 million, compared to the prior $700 million-$730 million.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:57 am

LOGI

Logitech International reported better-than-expected Q2 2025 earnings, with an adjusted EPS of $1.20, surpassing the $0.99 estimate, and sales of $1.116 billion, exceeding the $1.110 billion estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:51 am

AMZN

MSFT

NVDA

ORCL

SAP

SAP SE is emerging as a key player in the AI sector, alongside NVIDIA and Microsoft, as it transitions to cloud-based services. Despite exceeding earnings expectations, SAP faces a DOJ investigation over alleged overcharging. The stock saw a 3.54% rise in after-hours trading.

Portfolio Pulse from Kaustubh Bagalkote

October 22, 2024 | 2:50 am

AMZN

BTCUSD

DOGEUSD

ETHUSD

TSLA

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a sharp decline after reaching multi-month highs. Bitcoin fell to an intraday low of $66,580, while Ethereum dropped to the $2,600 zone. Despite the pullback, market sentiment remains in the 'Greed' zone. Analysts suggest buying Bitcoin dips between $62,000 and $63,000. Meanwhile, stocks also pulled back, with the Dow and S&P 500 giving up recent gains, while the Nasdaq Composite saw a slight increase.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 1:57 am

DJT

NVDA

SAP

SAVE

TSLA

Nvidia, Spirit Airlines, SAP, Trump Media & Technology, and Tesla were notable stocks on Monday. Nvidia hit a new high due to GPU demand, Spirit Airlines soared on debt refinancing, SAP had mixed results, Trump Media rose despite allegations, and Tesla declined after Musk dismissed a Rivian acquisition.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 1:42 am

AXP

UBS

Jim Cramer recommends buying American Express (AXP) shares despite a recent dip, citing strong earnings, credit quality, and appeal to younger customers. The company reported a significant earnings beat but missed revenue estimates, leading to a stock price drop. Cramer believes Wall Street underestimates AXP's long-term growth potential.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 1:38 am

LLAP

LMT

Lockheed Martin is set to report its Q3 financial results, with expectations of $6.50 EPS and $17.351 billion in revenue. Investors are keen on updates regarding the acquisition of Terran Orbital and recent contracts. The company may benefit from relaxed export restrictions on space items. Analyst Charles Minervino raised the price target for Lockheed Martin to $705.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 10:14 pm

BOW

Bowhead Specialty anticipates Q3 adjusted EPS of $0.36 to $0.39, surpassing estimates of $0.32. Gross written premiums are expected to rise 27% to 34% year over year, reaching $193 million to $200 million. Net income is projected between $11.5 million and $12.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:50 pm

NUE

Nucor Corp (NYSE:NUE) shares fell after reporting Q3 earnings that beat estimates but provided weak Q4 EPS guidance. Q3 earnings were $1.49 per share, above the $1.47 estimate, with revenue at $7.44 billion, down from $8.78 billion last year. The company expects Q4 earnings to decline to $1.05 per share due to lower steel prices and volumes.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 9:35 pm