Streetbeat News

Earnings

BIOX

CLW

FUL

The article highlights three oversold stocks in the materials sector: H.B. Fuller Company, Clearwater Paper Corp, and Bioceres Crop Solutions Corp. These stocks have RSI values indicating they are oversold, presenting potential buying opportunities.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:37 pm

JBL

Jabil has corrected its financial expectations for FY25, projecting revenue of $27 billion, slightly below the previous estimate of $27.19 billion, and an adjusted EPS of $8.65, slightly above the previous estimate of $8.64.

Portfolio Pulse from Mohit Manghnani

September 26, 2024 | 12:32 pm

JBL

Jabil Inc (NYSE: JBL) reported a Q4 earnings beat with revenue of $6.96 billion and an EPS of $2.30, both surpassing analyst expectations. Despite a decline in revenue for its segments, the company announced a $1 billion share buyback and provided FY25 guidance. JBL stock rose 8.88% premarket.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 12:32 pm

AMT

REGN

TSM

TT

On CNBC's 'Final Trades', experts discussed Taiwan Semiconductor, Regeneron Pharmaceuticals, American Tower, and Trane Technologies. Taiwan Semiconductor received a $7.5 billion investment approval, Regeneron faced a legal setback, American Tower received a price target increase, and Trane Technologies reported strong earnings.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:32 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) is set to release its Q4 earnings, with expectations of $5.08 per share, up from $4.86 last year. Revenue is projected at $79.97 billion. Truist Securities downgraded Costco from Buy to Hold, maintaining a price target of $873. Costco's dividend yield is 0.51%, translating to a quarterly dividend of $1.16 per share. To earn $500 monthly from dividends, an investor would need approximately 1,293 shares, equating to $1,174,587. The stock closed at $908.42, up 0.8%.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:24 pm

SNX

TD SYNNEX has released its Q4 financial guidance, projecting adjusted EPS between $2.80 and $3.30, compared to the estimated $3.22. Revenue is expected to range from $14.9 billion to $15.7 billion, against an estimate of $15.15 billion.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:15 pm

AHH

CNXC

CRML

KMX

OLP

PGY

SONO

Concentrix Corporation reported mixed Q3 earnings, missing EPS estimates but beating revenue expectations, leading to a 13.8% drop in pre-market trading. Other stocks like CarMax and One Liberty Properties also saw significant declines due to various factors.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 12:13 pm

SNX

TD Synnex reported Q3 2024 earnings per share of $2.86, surpassing the analyst estimate of $2.80. The company's sales reached $14.685 billion, exceeding the expected $14.114 billion and marking a 5.19% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:08 pm

JBL

Jabil has corrected its Q1 revenue expectations to be between $6.30 billion and $6.90 billion, compared to the previous estimate of $6.47 billion. The adjusted EPS is expected to be between $1.65 and $2.05, against the earlier estimate of $1.84.

Portfolio Pulse from Mohit Manghnani

September 26, 2024 | 12:06 pm

CNXC

Concentrix shares are experiencing a decline after the company reported mixed financial results for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:04 pm