Streetbeat News

Earnings

MPNGY

Meituan's strong Q3 2024 results, with 22% year-over-year revenue growth and significant margin expansion, support a bullish outlook. The company's focus on profitability over market share, particularly in new initiatives, has driven EBITDA growth. The on-demand delivery segment's improved monetization and solid volume growth outlook are key drivers for future profit margin improvements.

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December 03, 2024 | 12:30 pm

ZS

Zscaler's Q1 results were mixed, with concerns over weak net customer additions and the exit of its long-term CFO. Despite beating guidance and strong cash flows, ongoing growth deceleration is likely to pressure the company's valuation.

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December 03, 2024 | 12:30 pm

DG

DLTR

Dollar General and Dollar Tree have reduced their sales forecasts despite consumers seeking deals, as low-income households face inflation challenges. Both companies are set to report earnings this week.

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December 03, 2024 | 12:15 pm

ENB

Enbridge Inc. announced its 2025 financial guidance and a 3% increase in its annualized common share dividend, effective March 1, 2025. The company reaffirms its near-term growth outlook.

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December 03, 2024 | 12:15 pm

MIR

Mirion (NYSE: MIR) is hosting an Investor Day to discuss financial targets and long-term strategy. The event will be held at the NYSE and is accessible via livestream.

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December 03, 2024 | 12:00 pm

ZS

Zscaler's Q3 earnings report revealed a 26% YoY revenue increase and a record 21% non-GAAP operating margin. The company raised its full-year guidance, supported by strong financial flexibility and a $2.7 billion cash reserve, indicating confidence in sustained growth.

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December 03, 2024 | 12:00 pm

LITB

LightInTheBox Holding Co., Ltd. is set to report its third quarter 2024 financial results on December 10, 2024, with an earnings call scheduled for 8:00 a.m. ET.

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December 03, 2024 | 11:15 am

VTSYF

Vitasoy International has shown a significant improvement in its operating margin, expanding by 2.5 percentage points year-over-year in the first half of FY 2025. This improvement enhances the company's operating profitability outlook. Additionally, a key shareholder has increased their stake in Vitasoy, suggesting potential future partnerships, particularly with Southeast Asian beverages company Yeo Hiap Seng. As a result, the rating for Vitasoy International has been upgraded to a Buy.

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December 03, 2024 | 11:00 am

PNR

Pentair plc has acquired G&F Manufacturing, LLC for $108 million. The acquisition is expected to modestly boost Pentair's earnings by 2025.

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December 03, 2024 | 11:00 am

DE

Deere's stock has surged 21% in the past three months, reaching an all-time high after reporting fiscal Q4 and 2024 results. Despite this, net income fell by over 30% in fiscal 2024, with projections of even lower earnings in fiscal 2025.

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December 03, 2024 | 10:15 am