Streetbeat News

Earnings

JETS

UAL

United Airlines is set to report its Q3 earnings, with analysts expecting revenue of $14.78 billion and EPS of $3.13. The company has a strong track record of beating estimates. Key factors include the impact of recent hurricanes and international expansion plans. United's performance could influence the U.S. Global Jets ETF, where it holds the largest weighting.

Portfolio Pulse from Chris Katje

October 14, 2024 | 8:41 pm

COTY

Coty anticipates its Q1 adjusted EBITDA to be flat or slightly lower year-over-year, despite strong gross margin expansion. The company maintains its FY25 adjusted EBITDA growth target of 9-11% YoY, with expectations of resumed growth in Q2. Coty aims for a leverage ratio close to 2.5x by the end of CY24, although tight inventory management by retailers may affect cash inflow timing. While global beauty growth is resilient, U.S. market growth has slowed in the latter half of Q1.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:34 pm

COTY

Coty reported preliminary Q1 results with sales growing 4-5% LFL, slightly below the prior estimate of 6%. Despite retailer caution and a slower U.S. market, Coty expects moderate Q2 sales growth and acceleration in the second half due to easier comparisons, new launches, and distribution expansion.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:31 pm

ASTI

BTBT

DGLY

DUOT

KARO

LTRX

OST

QUBT

WETH

ZPTA

In Monday's after-market session, several information technology stocks experienced notable price movements. Among the gainers were NextNav, Ascent Solar Technologies, Bit Digital, Wetouch Technology, Nano Labs, and Lantronix. Conversely, Digital Ally, Zapata Computing Holdings, Ostin Technology Group, Duos Technologies Group, Karooooo, and Quantum Computing saw declines. Karooooo's Q2 earnings report was released today.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 8:31 pm

DIA

UNH

UnitedHealth Group is set to release its Q3 earnings report, which could significantly impact the Dow Jones Industrial Average due to its large weighting. Analysts expect revenue and earnings per share to increase year-over-year. The company's previous quarter was affected by a cyberattack, but growth is anticipated this quarter.

Portfolio Pulse from Chris Katje

October 14, 2024 | 8:19 pm

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) released its September 2024 operational update, highlighting a 4% increase in hashrate, production of approximately 19.31 bitcoin, and a high mining fleet uptime of 98.7%. The company continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:07 pm

UNH

UnitedHealth Group (NYSE:UNH) is set to release its quarterly earnings report on October 15, 2024. Analysts expect an EPS of $7.03. The company's past performance shows a trend of beating estimates, which has positively impacted its stock price. UnitedHealth Group has a consensus rating of 'Outperform' with a one-year price target of $615.78, suggesting a potential upside. The company leads its peers in gross profit and return on equity, though it faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 7:00 pm

NFLX

Netflix is expected to benefit from its ad-supported tier and potential price increases, with analysts raising price targets ahead of its Q3 earnings. Goldman Sachs and Macquarie analysts highlight Netflix's pricing power and market leadership as key factors for its stock performance.

Portfolio Pulse from Chris Katje

October 14, 2024 | 6:36 pm

MLI

Mueller Industries Inc. (NYSE:MLI) has seen a 0.38% increase in its stock price, now trading at $73.12. Over the past year, the stock has risen by 96.92%. The company's P/E ratio is lower than the Machinery industry's average, suggesting potential undervaluation or weak growth prospects. Investors should consider multiple metrics for a comprehensive analysis.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 6:30 pm

AAPL

AMD

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) is expected to report significant Q3 revenue growth driven by AI demand, with a forecasted topline of $23.096 billion. TSMC is a key supplier for Nvidia and Apple, and is expanding its AI chip production globally.

Portfolio Pulse from Anusuya Lahiri

October 14, 2024 | 6:23 pm