Streetbeat News

Earnings

MS

SPY

USO

U.S. markets closed higher with the Dow Jones hitting a record high, driven by strong earnings from Morgan Stanley. Most sectors on the S&P 500 ended higher, with utilities, financials, and real estate stocks leading the gains. Crude oil prices remained steady amid Middle East developments.

Portfolio Pulse from Akanksha Bakshi

October 17, 2024 | 10:25 am

INFY

Infosys reported Q2 2025 earnings per share of $0.19, meeting analyst expectations, and sales of $4.894 billion, surpassing the $4.841 billion estimate. This represents a 3.73% increase from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:22 am

WNS

WNS (Holdings) has revised its FY2025 financial guidance, lowering its adjusted EPS from $4.42-4.68 to $4.13-4.35, which is below the analyst estimate of $4.51. Additionally, the company has reduced its sales outlook from $1.29 billion-1.35 billion to $1.25 billion-1.30 billion, also below the $1.31 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:11 am

TFC

Truist Financial (NYSE:TFC) reported Q3 earnings of $0.97 per share, surpassing the $0.91 estimate, and sales of $5.14 billion, exceeding the $5.09 billion estimate. Despite beating estimates, sales decreased by 10.28% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

TCBI

Texas Capital Bancshares reported a significant miss in both earnings and sales for Q3 2024, with EPS at $(1.41) and sales at $125.331 million, both falling short of analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

WNS

WNS (Hldgs) reported Q2 earnings of $1.13 per share, beating the $0.99 estimate, but sales of $310.70M missed the $314.76M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

ELV

Elevance Health has announced its FY2024 adjusted EPS guidance of $33.00, which is below the analyst estimate of $37.26.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:04 am

ELV

Elevance Health reported its Q3 2024 financial results, with adjusted EPS of $8.37, missing the estimate of $9.66. However, the company exceeded sales expectations, reporting $44.719 billion compared to the estimated $43.330 billion.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:01 am

CBSH

Commerce Bancshares reported Q3 2024 earnings of $1.07 per share, surpassing the $1.01 estimate, and sales of $421.38M, exceeding the $419.72M estimate. This marks a 16.3% increase in EPS and a 7.63% rise in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:01 am

GEVO

STAF

TSM

TSMC shares surged 8.1% in pre-market trading due to better-than-expected Q3 results, with revenue up 39% YoY. Other stocks like Staffing 360 Solutions and Gevo also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 17, 2024 | 9:39 am