Streetbeat News

Earnings

FITB

Analysts have varied opinions on Fifth Third Bancorp (NASDAQ:FITB), with recent ratings showing a shift towards a more positive outlook. The average 12-month price target has increased to $49.0, indicating potential growth. Despite a recent revenue decline, the company shows strong profitability and effective cost control.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 2:01 pm

FI

Fiserv is set to release its quarterly earnings report on October 22, 2024, with analysts estimating an EPS of $2.26. Despite a history of beating EPS estimates, Fiserv's stock has experienced price drops post-announcement. The stock is currently rated as 'Outperform' by analysts, with a slight potential downside based on the average price target. Fiserv shows strong revenue growth but lags in gross profit and return on equity compared to peers.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 2:00 pm

PI

In the past three months, 8 analysts have shared their insights on Impinj (NASDAQ:PI), with ratings ranging from bullish to bearish. The average 12-month price target has increased by 12.77% to $207.5. Analysts have raised their price targets, indicating positive sentiment. Impinj has shown strong financial performance with a 19.2% revenue growth rate, a 9.72% net margin, and a 9.82% ROE, but faces challenges with a high debt-to-equity ratio of 2.51.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 2:00 pm

LU

Lufax Holding shares declined following the release of disappointing Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:55 pm

PEBK

Peoples Bancorp of NC reported a slight decrease in Q3 earnings per share, down to $0.72 from $0.74 year-over-year, marking a 2.7% decline.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:06 pm

ALK

Alaska Air Group has announced that its Q3 results will reflect the consolidated financial and operational performance following the acquisition of Hawaiian Holdings. The company now expects its Q3 combined results to be on the better end of the previously guided EPS range.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:01 pm

FUNC

First United (NASDAQ:FUNC) reported Q3 earnings of $0.89 per share, surpassing the analyst estimate of $0.79 and marking a 32.84% increase from last year's $0.67 per share.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:59 pm

GOOS

JBLU

LU

VFC

ZETA

Several major stocks, including Lufax Holding, JetBlue Airways, and others, are experiencing declines in Monday's pre-market session. Lufax Holding's shares fell sharply after missing earnings estimates, while JetBlue Airways and others also saw declines due to various factors.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 12:47 pm

HEI

HEICO Corporation's Electronic Technologies Group has acquired 88% of Mid Continent Controls, Inc., a company specializing in in-cabin power and entertainment components for business jets. The acquisition is expected to be accretive to HEICO's earnings within a year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:46 pm

META

PANW

TFC

On CNBC's 'Halftime Report Final Trades,' analysts discussed their picks: Palo Alto Networks (PANW) received an Overweight rating with a price target increase, Meta Platforms (META) is being bought ahead of earnings despite layoffs, and Truist Financial (TFC) reported strong earnings, beating expectations.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 12:21 pm