Streetbeat News

Earnings

NIXX

PIXY

TSM

On October 17th, Nixxy announced a strategy to acquire businesses in traditional markets, ShiftPixy acquired TurboScale in a $150M deal, and Taiwan Semiconductor shares rose due to a Q3 earnings beat and strong Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:36 pm

NOK

Nokia shares declined following the release of disappointing Q3 earnings and sales figures.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:36 pm

ELV

Elevance Health reported Q3 revenues of $44.7 billion, surpassing expectations, but profits fell short due to higher medical costs. The company issued a soft annual outlook, with adjusted EPS guidance lowered to $33.00 from $37.20. ELV stock dropped 12.3% in premarket trading.

Portfolio Pulse from Vandana Singh

October 17, 2024 | 12:36 pm

TRV

Travelers Companies shares rose following the release of their Q3 results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:35 pm

CASS

Cass Information Sys reported Q3 earnings per share of $0.21, missing the $0.50 estimate, but sales of $50.55M beat the $49.00M estimate. EPS decreased by 61.11% from last year, while sales increased by 2.70%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:34 pm

DCTH

Delcath Systems reported preliminary Q3 2024 sales of $11.2 million, surpassing the estimated $9.45 million.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:34 pm

BMI

Badger Meter reported its Q3 2024 financial results, with GAAP EPS of $1.08 missing the $1.09 estimate and sales of $208.438 million falling short of the $212.150 million estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:31 pm

ALL

Allstate conducted its annual run-off property-liability reserve review in Q3 2024, resulting in unfavorable reserve reestimates of $58M ($46M after-tax). Additionally, Allstate Brand Auto Insurance saw rate increases, impacting premiums by 2.9% in Q3 and 6.3% year-to-date.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:16 pm

ALL

Allstate reported estimated catastrophe losses for September at $889 million pre-tax, with $630 million related to Hurricane Helene. Total Q3 catastrophe losses were $1.70 billion pre-tax, and year-to-date losses were $4.55 billion pre-tax.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:15 pm

BX

Blackstone shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Mohit Manghnani

October 17, 2024 | 12:15 pm