Streetbeat News

Earnings

SRBIF

Serabi, a Brazilian-focused gold mining company, released its unaudited interim results for the three and nine-month periods ending September 30, 2024. The company reported strong cash generation for the quarter.

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November 28, 2024 | 7:15 am

SCVL

Shoe Carnival's Q3 2024 earnings report showed a 4.1% decline in comparable sales due to weather impacts, but margins remained stable. The company is rebranding stores to Shoe Station, targeting a more affluent market, with a 10% sales improvement in initial results.

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November 28, 2024 | 7:00 am

WRBY

Warby Parker's Q3 results show rapid growth and retail expansion, but operating leverage is slow, and margins are insufficient. The market has overvalued WRBY stock, with a potential 50% downside to a fair value of $11.46.

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November 28, 2024 | 5:45 am

INTR

Inter & Co's Q3 2024 results showed strong revenue growth, surpassing estimates, but missed earnings per share projections. Despite the earnings miss, the company's robust business operations suggest optimism for future quarters.

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November 28, 2024 | 5:00 am

TLN

Talen Energy's stock has surged over 200% YTD, despite regulatory challenges with its nuclear power deal with Amazon. The company's post-bankruptcy turnaround, deleveraged balance sheet, positive earnings projections, and significant share buybacks contribute to a bullish outlook.

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November 28, 2024 | 5:00 am

URBN

Urban Outfitters reported strong Q3 results with earnings of $1.10 per share and a 6% revenue growth, leading to a 14% stock price increase. The Anthropologie and Free People segments showed robust growth, while the Urban Outfitters brand is still weak. Nuuly, the subscription service, is scaling rapidly with 48% revenue growth.

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November 28, 2024 | 4:15 am

KODK

Eastman Kodak experienced a 12.45% intraday trading increase following its 3Q24 results, despite a 3% decline in revenue and gross profits. The company is focusing on operational efficiencies and strategic growth in Advanced Materials & Chemicals, film manufacturing, and battery technology.

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November 28, 2024 | 3:30 am

AZEK

The AZEK Company is experiencing growth in its Residential segment, with a 12% year-over-year increase driven by Deck, Rail, and Accessories. The company is also seeing margin expansion due to productivity and cost-reduction initiatives, making its stock attractive.

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November 28, 2024 | 3:30 am

IREN

Iris Energy Limited (IREN) held its Q1 2025 earnings call, discussing financial performance and company updates. Key participants included company executives and analysts from various financial institutions.

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November 28, 2024 | 3:00 am