Streetbeat News

Earnings

NOK

Nokia's stock rebounded on Friday after a disappointing quarterly report. The company reported an 8% decline in net sales, missing estimates, and faced challenges in North America and China. Nokia is focusing on data centers and defense for growth and plans significant job cuts to save costs.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 7:11 pm

CARR

Carrier Global (NYSE:CARR) has been analyzed by 16 analysts, showing a range of sentiments from bullish to bearish. Recent evaluations have led to an average 12-month price target of $79.06, a 13.06% increase from the previous target. Analysts have raised their price targets, reflecting positive sentiment. Carrier Global's financial performance is strong, with impressive revenue growth, net margin, ROE, and ROA, and a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:01 pm

AMZN

DIS

NFLX

Netflix Inc (NASDAQ:NFLX) exceeded third-quarter expectations with a 15% revenue growth and a 45% YoY increase in EPS, driven by its ad-supported membership model. Disney (NYSE:DIS) also reached streaming profitability, following Netflix's strategies. Netflix's outlook remains strong with expected revenue growth.

Portfolio Pulse from Upwallstreet

October 18, 2024 | 6:56 pm

GDX

ISRG

NFLX

TSMC

VOO

The Vanguard S&P 500 ETF (VOO) gained 0.7% this week due to positive earnings and macroeconomic factors. Netflix and Intuitive Surgical's strong earnings contributed to the rise, while semiconductor stocks, led by Taiwan Semiconductor, boosted the tech sector. Gold miners also saw gains, balancing weaker energy sector performance. Positive retail sales and jobless claims data supported market optimism.

Portfolio Pulse from Henry Khederian

October 18, 2024 | 6:54 pm

DIA

QQQ

SPY

Major indexes are experiencing gains due to a rebound in chip stocks and positive earnings reports from banks.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:54 pm

FLXS

Flexsteel Industries (NASDAQ:FLXS) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.62. Investors are keen on whether the company will surpass estimates and provide favorable guidance, which could influence stock price movements. Historically, Flexsteel has often exceeded EPS estimates, but price changes have varied.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:27 pm

RBB

RBB Bancorp is set to release its quarterly earnings report on October 21, 2024, with analysts estimating an EPS of $0.38. The market is optimistic about the company surpassing estimates and providing positive guidance, which could significantly impact stock prices. In past earnings, RBB Bancorp has often exceeded EPS estimates, but the stock price reaction has varied.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:26 pm

SMBK

SmartFinancial (NYSE:SMBK) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.47. The market is optimistic about the company surpassing estimates and providing positive guidance, which could drive stock prices. In the previous quarter, SmartFinancial beat EPS estimates, resulting in a 3.43% stock price increase. Shares are currently trading at $31.5, up 54.35% over the past year.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:26 pm

PFBC

Preferred Bank (NASDAQ:PFBC) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $2.38. The bank's previous earnings beat led to a share price increase, and investors are hopeful for positive guidance. Shares are up 39.82% over the past year.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:26 pm

HSTM

HealthStream (NASDAQ:HSTM) is set to release its quarterly earnings on October 21, 2024, with analysts expecting an EPS of $0.12. Despite past EPS beats, share prices have shown mixed reactions. Analysts rate HealthStream as Neutral with a price target suggesting a slight downside. The company's financials show strong net margins and low debt, but revenue growth lags behind peers.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:25 pm