Streetbeat News

Earnings

SIGI

Selective Insurance Gr (NASDAQ:SIGI) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $1.65. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance shows significant price drops following earnings misses.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:15 pm

NUE

Nucor (NYSE:NUE) is set to release its quarterly earnings report on October 21, 2024. Analysts expect an EPS of $1.49. Despite a past EPS beat, Nucor's stock dropped 1.1% the next day. The stock is up 12.65% over the past year, with analysts rating it as 'Outperform' and a price target of $170, suggesting a 7.53% upside. Nucor leads in gross profit among peers but lags in revenue growth and return on equity.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:14 pm

WTFC

Wintrust Finl (NASDAQ:WTFC) is set to release its quarterly earnings report on October 21, 2024. Analysts expect an EPS of $2.51. The company's past performance shows mixed results, with a notable EPS miss last quarter leading to a share price drop. Shares are currently trading at $117.01, up 56.66% over the past year.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:14 pm

CATY

Cathay General (NASDAQ:CATY) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $0.95. The company's past performance shows mixed results, with a recent EPS beat leading to a slight share price increase. Investors are keenly awaiting the announcement, especially for future guidance.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:14 pm

SIGI

Selective Insurance Gr (NASDAQ:SIGI) is set to release its quarterly earnings report on October 21, 2024. Analysts expect an EPS of $1.65. The company's previous earnings miss led to a significant stock price drop, and investors are keenly awaiting the new report and guidance.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:14 pm

NUE

Nucor (NYSE:NUE) is set to release its quarterly earnings on October 21, 2024. Analysts expect an EPS of $1.49. Investors are keen on not just an earnings beat but also positive future guidance. Despite a past earnings beat, Nucor's stock dropped 1.1% the next day. The stock is currently trading at $158.09, with a 12.58% increase over the past year. Analysts rate Nucor as 'Outperform' with a price target of $170, indicating a 7.53% upside. Nucor leads in gross profit and ROE among peers but lags in revenue growth.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:13 pm

NUE

Nucor (NYSE:NUE) is set to announce its quarterly earnings on October 21, 2024, with analysts estimating an EPS of $1.49. The company's past performance shows mixed stock price reactions to earnings beats. Analysts have an 'Outperform' rating on Nucor with a price target of $170, suggesting a potential upside. Nucor's financial metrics show strong net margin and return on equity, but revenue growth lags behind peers.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 6:01 pm

CROX

EATV

MVPA

BofA Securities analyst Christopher Nardone reiterated a Buy rating on Crocs, Inc (NASDAQ:CROX) with a price target of $179, ahead of its Q3 earnings report. The analyst projects EPS of $3.17, slightly above guidance and consensus estimates, driven by strong international sales. Attention is on North America trends and the impact of a shift to direct-to-consumer sales. CROX stock has gained over 62% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 5:58 pm

AAPL

TSM

Needham analyst Charles Shi has raised the price target for Taiwan Semiconductor Manufacturing Company (TSMC) from $210 to $225, citing strong 3nm performance and potential margin expansion. The analyst expects TSMC's revenue to reach $110 billion by 2025, with significant margin improvements due to the absence of 2nm production next year. TSMC's stock is currently down 1.81% at $202.12.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 5:50 pm

CVS

DIA

GDX

NFLX

QQQ

SPY

Stocks rose on Friday, driven by strong earnings reports. Netflix hit record highs with a 10% surge, while gold miners rallied as gold prices reached new records. Oil prices fell below $70, and major indices like the Nasdaq 100 and S&P 500 saw gains. ETFs such as SPY, DIA, and QQQ also rose.

Portfolio Pulse from Piero Cingari

October 18, 2024 | 5:49 pm