Streetbeat News

Earnings

WTFC

Wintrust Financial reported Q3 2024 earnings per share of $2.47, missing the analyst estimate of $2.51. Sales were $615.73 million, also below the expected $622.08 million. Despite the misses, sales increased by 7.11% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:33 pm

SMBK

SmartFinancial (NYSE:SMBK) reported strong Q3 earnings, with adjusted EPS of $0.54 beating estimates by 14.89% and sales of $44.17M surpassing expectations by 4.25%. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:09 pm

IBTX

Independent Bank Group reported Q3 2024 earnings of $0.50 per share, missing the analyst consensus estimate of $0.68 by 26.47%. This represents a 36.71% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:04 pm

CATY

Cathay General (NASDAQ:CATY) reported Q3 2024 earnings per share of $0.94, missing the analyst consensus estimate of $0.95. This represents a 16.81% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:42 pm

NUE

Nucor's shares are declining as the company forecasts a drop in Q4 2024 EPS to $1.05, primarily due to reduced earnings in its steel mills segment.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:39 pm

SAP

SAP SE reported mixed Q3 results with an EPS beat but a slight revenue miss. Despite this, SAP shares rose due to strong cloud growth and an optimistic 2024 outlook.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 8:39 pm

LCNB

LCNB reported Q3 earnings of $0.34 per share, surpassing the analyst estimate of $0.27, despite a 15% decrease from last year's $0.40 per share.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:38 pm

HSTM

HealthStream reported Q3 earnings per share of $0.19, surpassing the $0.12 estimate, but sales of $73.09M fell short of the $73.53M estimate. EPS increased by 46.15% year-over-year, while sales grew by 3.92%.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:37 pm

NUE

Nucor anticipates a decline in its Q4 2024 earnings per share to $1.05, primarily due to decreased earnings in its steel mills segment.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:36 pm

CNA

CNA Financial anticipates reporting $143 million in pretax net catastrophe losses for Q3, primarily due to four major events including Hurricane Helene. The losses are divided between the Commercial and International segments. Future losses from Hurricane Milton are expected in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:36 pm