Streetbeat News

Earnings

USM

VZ

Verizon Communications Inc. (NYSE:VZ) is set to release its Q3 earnings on Oct. 22, with expected earnings of $1.18 per share and revenue of $33.43 billion. Verizon recently acquired spectrum licenses from United States Cellular Corporation (NYSE:USM) for $1 billion. Verizon offers a 6.16% annual dividend yield, translating to a quarterly dividend of 67.75 cents per share. Investors need approximately 2,214 shares to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 12:15 pm

PFBC

Preferred Bank (NASDAQ:PFBC) reported Q3 2024 earnings per share of $2.46, surpassing the analyst estimate of $2.37. The bank's sales were $68.848 million, exceeding the expected $65.882 million, despite a 5.63% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:09 pm

MYNZ

Mainz Biomed reported a revenue of $0.52 million for the first half of 2024, marking a 4% increase year-over-year. However, the company also reported an EPS loss of $(0.49).

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:06 pm

DX

Dynex Capital reported a Q3 2024 adjusted EPS of $(0.10), missing the $(0.03) estimate, with sales of $894K, down from $2.262M YoY.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:05 pm

BSRR

Sierra (NASDAQ:BSRR) reported Q3 earnings per share of $0.74, surpassing the analyst estimate of $0.73 and marking an 8.82% increase from last year's $0.68.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:03 pm

GILD

Gilead Sciences (NASDAQ:GILD) has received mixed ratings from 15 analysts, with a recent positive shift in price targets. The average 12-month price target increased by 8.81% to $84.87. Analysts have raised their ratings, with several moving to 'Outperform' and 'Overweight'. Gilead's financials show strong profitability and effective cost management, with a net margin of 23.21% and a return on equity of 9.01%.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 12:01 pm

IBM

META

NVDA

VIG

VYM

IBM has launched Granite 3.0, a new family of open-source AI models, at its TechXchange event. These models aim to enhance AI transparency, safety, and performance for enterprises. IBM's initiative is part of a broader trend in AI development, with companies like Nvidia and Meta also making strides in open-source AI. Analyst Dan Ives predicts a positive outlook for tech stocks, including IBM, driven by the AI boom.

Portfolio Pulse from Anusuya Lahiri

October 21, 2024 | 12:00 pm

MNDY

Over the past three months, 21 analysts have evaluated Monday.Com (NASDAQ:MNDY), showing a range of sentiments from bullish to bearish. The average 12-month price target has increased by 11.96% to $304.86. Analysts have frequently raised their ratings and price targets, indicating a positive outlook. Monday.Com has shown strong revenue growth and profitability, but faces challenges with return on equity.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 12:00 pm

SSBK

Southern States Bancshares, Inc. reported Q3 2024 adjusted EPS of $0.89, missing the estimate of $0.96. However, sales were $26.003 million, surpassing the expected $25.350 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 11:09 am

HBT

HBT Financial reported its Q3 2024 results with an adjusted EPS of $0.61, beating the estimate of $0.57. However, its sales of $56.438 million missed the expected $57.156 million.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 11:07 am