Streetbeat News

Earnings

HRI

Herc Holdings (NYSE:HRI) is set to release its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $4.58. The market is optimistic about the company surpassing estimates and providing positive guidance. Previously, missing EPS estimates led to a 4.84% drop in share price. Currently, the stock is trading at $172.04, with a 52-week increase of 59.77%. Analysts have given a Neutral rating with a price target of $177.5, indicating a 3.17% upside.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:01 pm

WFRD

Weatherford International (NASDAQ:WFRD) is set to release its quarterly earnings on October 22, 2024. Analysts expect an EPS of $1.77. The company's past performance shows mixed results, with a recent EPS miss leading to a significant share price drop. Despite this, analysts maintain a 'Buy' rating with a potential 74.45% upside. Weatherford's financial metrics, such as revenue growth and net margin, are strong compared to peers.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:01 pm

ADC

Agree Realty (NYSE:ADC) is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $1.03. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance shows a tendency for stock price increases following earnings beats. Analysts rate Agree Realty as 'Outperform' with a slight potential upside. The company shows strong revenue growth but has challenges with return on equity and asset utilization.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:00 pm

AMKBY

ZIM

Maersk has updated its Q3 2024 results, reporting an EBIT of $3.3 billion and raising its full-year guidance. The company now expects 2024 underlying EBITDA to be between $11.0 billion and $11.5 billion. Additionally, Maersk has revised its global container market volume growth outlook to around 6% for the fiscal year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 3:41 pm

PG

Procter & Gamble (PG) reported mixed Q1 earnings, with sales below expectations but earnings per share slightly above. Analysts express concerns over market volatility in China and the Middle East, impacting sales. Despite these challenges, PG maintains its sales and earnings guidance.

Portfolio Pulse from Priya Nigam

October 21, 2024 | 3:39 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) is set to report its Q3 earnings, with expectations of EPS at 15 cents and revenue of $13.471 billion. The company faces challenges such as declining profit margins, increased operating expenses, and rising fuel costs. Despite these, American Airlines has been reducing its debt and maintaining passenger demand growth.

Portfolio Pulse from Henry Khederian

October 21, 2024 | 3:37 pm

CVS

CVS Health Corp (NYSE:CVS) preannounced a significant earnings miss for Q3, leading to a drop in share prices. Despite this, analysts from Piper Sandler and Truist Securities maintain positive long-term outlooks, citing potential recovery under new CEO David Joyner.

Portfolio Pulse from Priya Nigam

October 21, 2024 | 3:19 pm

CPNG

An options alert for Coupang (CPNG) indicates a sweep of 1,000 December 20 $25 call options near the ask price of $1.671, against an open interest of 13,584. This activity comes ahead of Coupang's earnings report on November 5.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 3:18 pm

MTDR

Matador Resources is set to announce its quarterly earnings on October 22, 2024, with analysts estimating an EPS of $1.78. The company has a history of surpassing EPS estimates, which previously led to a share price increase. Despite a 52-week share price decline of 18.48%, analysts rate Matador as 'Outperform' with a price target suggesting a 50.04% upside. Matador leads its peers in revenue growth and gross profit margin but lags in return on equity.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:02 pm

NBR

Nabors Industries (NYSE:NBR) is set to release its quarterly earnings report on October 22, 2024. Analysts expect an EPS of $-1.73. Despite a history of missing EPS estimates, the stock has shown mixed price reactions. The company faces challenges with negative revenue growth, low net margins, and high debt levels. Analysts have a Neutral rating with a price target suggesting a potential upside.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 3:02 pm