Streetbeat News

Earnings

PPG

PPG Industries, Inc. is set to release its Q3 earnings on Oct. 16, with analysts expecting an EPS of $2.15 and revenue of $4.65 billion. Recent analyst ratings show maintained positive outlooks but with slightly reduced price targets. PPG shares recently rose by 1.1%.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 1:59 pm

NBCC

RVER

ULTA

Ulta Beauty's stock is trading lower after the company reaffirmed its FY24 guidance and outlined long-term growth strategies, including new store openings and a loyalty program expansion. The company also announced a new $3 billion share repurchase authorization.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 1:52 pm

ASML

ASML requires 2 billion euros in bookings in Q4 to meet its new 2025 sales guidance, as stated by the CFO during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:48 pm

ASML

ASML has announced that it expects the slowdown in the chip market to persist well into 2025, as stated during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:34 pm

MS

NVDA

USB

Morgan Stanley and US Bank shares rose due to strong earnings reports. Bitcoin surpassed $67,000, and NVIDIA's stock recovered after a selloff on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:32 pm

INDS

PLD

SPRE

Prologis, Inc. (NYSE:PLD) reported Q3 earnings with FFO beating expectations but revenue missing. The company revised its FY24 guidance slightly upwards. Prologis' shares rose 1.32% premarket. Investors can also gain exposure through ETFs like Pacer Industrial Real Estate ETF (NYSE:INDS) and SP Funds S&P Global REIT Sharia ETF (NYSE:SPRE).

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 1:18 pm

ASML

ASML's CEO expressed optimism about the company's long-term prospects during a conference call, indicating positive developments ahead.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:15 pm

ABT

Abbott Laboratories reported strong Q3 earnings with revenue and EPS beating expectations. The company is well-positioned to achieve the upper end of its annual forecast, driven by significant growth in Medical Devices. Despite a decline in COVID-19 testing sales, Abbott's diversified business model shows resilience.

Portfolio Pulse from Vandana Singh

October 16, 2024 | 1:08 pm

SANW

S&W Seed Company has announced a delay in filing its Form 10-K for fiscal year 2024 due to changes in reporting segments and ongoing work related to a voluntary plan of administration for its Australian subsidiary. The company plans to file the 10-K and hold a conference call soon.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:05 pm

FCCO

First Community (NASDAQ:FCCO) reported strong Q3 2024 results, with EPS of $0.50 beating estimates by 13.64% and sales of $16.982M surpassing expectations by 1.98%. This marks significant growth compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:04 pm