Streetbeat News

Earnings

GATX

GATX is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $1.85. Investors are keen on not just an earnings beat but also positive future guidance. Previously, GATX missed EPS estimates but saw a slight share price increase. Analysts rate GATX as Neutral with a price target of $140, indicating a potential 4.76% upside. GATX shows strong revenue growth and net margin but faces challenges with asset utilization and high debt levels.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 5:01 pm

BDN

Brandywine Realty Trust (NYSE:BDN) is set to release its quarterly earnings on October 22, 2024. Analysts expect an EPS of $0.24. The company's past performance shows a tendency for share price drops following earnings misses. The consensus rating is Neutral, with a one-year price target suggesting a potential downside. Investors should focus on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 5:01 pm

DCOM

Dime Community Bancshares (NASDAQ:DCOM) is set to announce its quarterly earnings on October 22, 2024. Analysts expect an EPS of $0.40. Investors are keen on both the earnings results and future guidance, as past performance has shown significant stock price reactions to earnings misses.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 5:01 pm

NBHC

National Bank Holdings (NYSE:NBHC) is set to announce its quarterly earnings on October 22, 2024. Analysts expect an EPS of $0.74. Investors are hopeful for positive results and guidance, as past performance has shown significant stock price reactions to earnings announcements.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 5:01 pm

MANH

Manhattan Associates (NASDAQ:MANH) is set to announce its quarterly earnings on October 22, 2024. Analysts expect an EPS of $1.06. The company has a history of surpassing EPS estimates, which previously led to significant stock price increases. Currently, the stock is trading at $298.28, with a 52-week increase of 55.24%. Analysts have a 'Buy' consensus with a price target of $286.4, indicating a potential downside. Manhattan Associates shows strong revenue growth and profitability compared to peers.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 5:00 pm

DIA

SPY

The U.S. economy is showing signs of reacceleration with a projected 3.4% GDP growth in Q3, driven by strong consumer spending and corporate earnings. The S&P 500 and Dow Jones are near all-time highs, reflecting optimism. The Federal Reserve may slow down rate cuts due to the robust economic performance.

Portfolio Pulse from Piero Cingari

October 21, 2024 | 4:44 pm

DIA

IWM

QQQ

SPY

Major indexes are experiencing a downturn after last week's rise, influenced by Middle East tensions and election uncertainty. This volatility has increased gold prices, while healthcare and chip stocks have also been affected post-earnings.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 4:43 pm

T

TMUS

VZ

AT&T, Verizon, and T-Mobile shares are in focus as they prepare to release earnings this week. Verizon will report first, followed by AT&T and T-Mobile. Analysts have provided EPS and revenue estimates for each company, and recent analyst ratings and price target adjustments have been noted.

Portfolio Pulse from Dylan Berman

October 21, 2024 | 4:39 pm

IONQ

A significant options activity was observed for IonQ, with a sweep of 2,500 call options at a $17 strike price for $0.121 each, compared to an open interest of 104. This activity comes ahead of IonQ's earnings report on November 6, with the stock currently at $14.35.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 4:21 pm

BA

Boeing Co. (NYSE:BA) reached a preliminary agreement with its striking machinists, proposing a contract with wage increases and bonuses. Union members will vote on Wednesday, the same day Boeing reports its Q3 results. A positive vote could end the strike, benefiting Boeing's new CEO and investors.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 4:04 pm