Streetbeat News

Earnings

CMA

Comerica reported its Q3 2024 financial results, with an adjusted EPS of $1.37, surpassing the estimate of $1.16. However, its sales of $811 million slightly missed the expected $811.617 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:26 am

CVS

CVS Health's Q3 results are expected to fall short of Wall Street's expectations, and the company plans to withdraw its current 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:20 am

BTTR

Better Choice anticipates its combined 2025 pro forma revenue and EBITDA to reach $270 million and $10 million, respectively. The companies have shown a 25% quarter-over-quarter revenue increase, generating $235 million in the trailing twelve months.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:12 am

RF

Regions Financial (NYSE:RF) reported Q3 earnings of $0.57 per share, surpassing the $0.53 estimate and showing a 16.33% increase from last year. Sales reached $1.87 billion, beating the $1.80 billion estimate and marking a 0.54% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:03 am

ALV

Autoliv reported Q3 2024 earnings with an adjusted EPS of $1.84, missing the $1.95 estimate, but sales of $2.56B beat the $2.53B estimate. Sales decreased by 1.58% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:01 am

PG

Procter & Gamble (NYSE:PG) is set to release its Q1 earnings on Oct. 18, with expectations of $1.90 EPS and $21.91 billion in revenue. Analysts have revised their ratings, with mixed views ranging from Neutral to Buy. The stock closed at $172.28, slightly down by 0.1%.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 8:10 am

SLB

Schlumberger Limited (NYSE:SLB) is set to release its Q3 earnings on Oct. 18, with expectations of increased earnings and revenue compared to last year. Analysts have adjusted their price targets for SLB, maintaining positive ratings but lowering targets slightly. SLB recently sold its interests in Palliser Block, and its shares rose 0.7% to $43.99.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:54 am

AXP

PG

SLB

TSM

The Dow Jones reached a new record high, driven by strong economic data and a significant rise in TSMC shares. The Fear & Greed Index remains in the 'Greed' zone, indicating positive market sentiment. Investors are anticipating earnings from American Express, Procter & Gamble, and Schlumberger.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:54 am

AXP

ISRG

NFLX

PG

SLB

U.S. stock futures are mixed, with key companies like American Express, Netflix, Procter & Gamble, Intuitive Surgical, and Schlumberger in focus. American Express and Procter & Gamble are set to release earnings, while Netflix and Intuitive Surgical have reported strong results.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:38 am

GOOG

GOOGL

NFLX

Netflix's Co-CEO Ted Sarandos addressed concerns about YouTube's growing TV consumption share, emphasizing Netflix's focus on premium content and storytelling. Netflix reported a 15% revenue increase in Q3 and is expanding into live sports programming.

Portfolio Pulse from Ananya Gairola

October 18, 2024 | 5:54 am