Streetbeat News

Earnings

CFG

Citizens Financial Group reported its Q3 2024 earnings, with GAAP EPS of $0.77, missing the estimate of $0.80. The underlying EPS was $0.79.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:21 am

AMD

ASML

AVGO

NVDA

TSM

ASML Holding N.V. faced a significant decline due to an early earnings report release, impacting the semiconductor sector. However, peers like Nvidia, AMD, Broadcom, and Taiwan Semiconductor showed signs of recovery. ASML's CEO and CFO provided insights on future revenue expectations and market conditions.

Portfolio Pulse from Pooja Rajkumari

October 16, 2024 | 10:10 am

SYF

Synchrony Financial has raised its FY24 EPS outlook to a range of $8.45 - $8.55, up from the previous range of $7.60 - $7.80, and above the estimated $7.25.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:04 am

SYF

Synchrony Financial reported a 4% decrease in Q3 purchase volume, a 4% increase in loan receivables to $102.2 billion, and a 32 basis point decrease in net interest margin to 15.04%.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:01 am

SYF

Synchrony Financial reported Q3 2024 earnings per share of $1.94, surpassing the analyst estimate of $1.81. The company's sales reached $4.609 billion, exceeding the expected $4.491 billion and marking a 5.66% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:00 am

ABT

Abbott Laboratories is set to release its Q3 earnings on Oct. 16, with analysts expecting an EPS of $1.2 and revenue of $10.55 billion. Recent analyst ratings show positive sentiment, with several analysts raising their price targets.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 7:53 am

AMD

ASML

BAC

NVDA

UNH

U.S. stocks fell on Tuesday, with the Nasdaq down 1% amid a decline in chipmaker stocks. ASML shares dropped over 16% due to an early earnings release, while NVIDIA and AMD also saw declines. UnitedHealth shares fell over 8% after lowering its EPS outlook. The Fear & Greed Index moved to the 'Greed' zone.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 7:13 am

ASML

ASML Holding reported a significant increase in its Q3 revenue, reaching €7.5 billion, up from €6.67 billion year-over-year. The company's earnings per share also rose to €5.28 from €4.81 in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:42 am

LOOP

Loop Industries reported Q2 2025 earnings with a GAAP EPS of $(0.10), meeting analyst expectations, but sales of $23 million missed estimates by 53.06% and decreased 57.41% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:36 am

ABT

IBKR

JBHT

MS

USB

Morgan Stanley, Abbott Laboratories, J.B. Hunt Transport Services, Interactive Brokers, and U.S. Bancorp are in focus as they report earnings. Morgan Stanley and Abbott are expected to release earnings before the market opens. J.B. Hunt exceeded expectations, while Interactive Brokers reported weaker results.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 6:34 am