Streetbeat News

Earnings

LLY

Eli Lilly (NYSE:LLY) is evaluated against its competitors in the Pharmaceuticals industry. The company shows high valuation metrics (P/E, P/B, P/S) compared to industry averages, suggesting potential overvaluation. However, it demonstrates strong revenue growth and ROE, indicating robust performance. Concerns arise from lower EBITDA and gross profit, which may affect operational efficiency.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 3:00 pm

CCK

Crown Holdings shares rose as the company reported Q3 adjusted EPS results that exceeded expectations and provided FY24 EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:54 pm

ALV

ISRG

NFLX

USM

Autoliv reported strong sales, leading to a 5.5% stock increase. Other stocks like Oklo, Peloton, and Netflix also saw gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 2:49 pm

NFLX

Netflix shares are rising after the company reported better-than-expected Q3 2024 earnings, with EPS of $5.40 and sales of $9.82 billion. The company saw a 14.4% increase in global streaming memberships and provided strong regional revenue growth. Netflix's guidance for Q4 2024 and full-year 2024 is positive, and analysts have adjusted price targets accordingly.

Portfolio Pulse from Dylan Berman

October 18, 2024 | 2:36 pm

DRUG

NFLX

NKGN

NUZE

ORGS

SOBR

VTAK

U.S. stocks showed mixed performance with the Dow Jones falling over 100 points, while the NASDAQ and S&P 500 rose. Netflix reported strong Q3 results, surpassing revenue expectations and increasing its subscriber base. Several stocks experienced significant price movements, including Catheter Precision, Bright Minds Biosciences, and SOBR Safe, which saw substantial gains, while NKGen Biotech, Orgenesis, and NuZee faced declines.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 2:27 pm

ALV

Autoliv, Inc. (NYSE:ALV) shares rose despite mixed Q3 results. The company missed EPS expectations but exceeded revenue forecasts. Sales in China were impacted by a negative mix, but the company anticipates gaining market share with Chinese OEMs. Autoliv adjusted its 2024 sales growth outlook downward but reaffirmed its operating margin guidance.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 2:24 pm

LYFT

An option alert for Lyft shows 1,000 contracts of October 25 $14 calls were swept near the ask price at $0.26, with open interest at 2,062. The stock is currently at $13.75, ahead of its earnings report on November 6.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:23 pm

MCBS

MetroCity Bankshares reported Q3 2024 earnings per share of $0.65, meeting analyst expectations. The company's sales were $36.904 million, surpassing the $36.200 million estimate and marking a 36.40% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:15 pm

MCBS

MetroCity Bankshares reported Q3 2024 earnings per share of $0.65, which met analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:10 pm

CMA

Comerica shares are trading higher after the company reported better-than-expected earnings for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 2:05 pm