Streetbeat News

Earnings

EMRAF

Emera, a utility company, has underperformed the S&P 500 but offers a 5.3% dividend yield and expects 5%-7% EPS growth. It targets an annual return of about 10% with a $20 billion capital plan. However, its high debt load poses risks, especially if interest rates rise.

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December 18, 2024 | 9:30 am

APG

APi Group (APG) is expected to see growth acceleration and adjusted EBITDA margin expansion in FY25 and beyond, supported by a $3.5 billion backlog and a promising M&A pipeline. Despite a revenue guidance revision for FY24 due to temporary project delays, the outlook remains positive.

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December 18, 2024 | 8:30 am

ATGVF

Active Energy Group PLC announced interim results, highlighting a $1 million loss for the first half of the year. The company is focused on commercializing its CoalSwitch technology and will relist its shares following the results.

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December 18, 2024 | 8:30 am

BIRK

Birkenstock Holding plc (BIRK) is set to release its fourth-quarter financial results on December 18. Wall Street analysts have recently updated their forecasts for the company.

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December 18, 2024 | 7:45 am

RIVN

Rivian has seen a significant stock price increase, rising over 50% post-election, despite challenges in the EV sector. The company has reduced R&D expenses by $179 million, improving operating expenses. Future revenue and margin improvements are expected by 2025.

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December 18, 2024 | 7:15 am

HCAT

Health Catalyst (HCAT) is experiencing an improved demand environment, reinforcing a buy rating. Despite temporary gross margin contraction, the market undervalues HCAT's growth potential. Risks include potential growth delays and macroeconomic uncertainties.

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December 18, 2024 | 5:15 am

NSC

Norfolk Southern is currently undervalued, presenting a buying opportunity for investors. NSC's improving balance sheet, infrastructure investments, and expanding intermodal train capacity position it well for future growth. Despite short-term challenges, NSC's positive Q3 2024 results and expected FY 2025 performance indicate strong future demand and revenue growth.

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December 18, 2024 | 5:15 am

DEVS

DevvStream Holdings Inc. has provided a bi-weekly update on its Management Cease Trade Order due to delayed filing of its annual financial statements for the year ended July 31, 2024.

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December 18, 2024 | 4:45 am

CRWD

CrowdStrike is experiencing sequential growth acceleration in RPOs, driven by the adoption of the Falcon Flex subscription. This has led to upgrades in long-term revenue and earnings estimates by Wall Street, despite rich valuations.

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December 18, 2024 | 4:15 am

IMMR

Immersion Corporation's quarterly results were impacted by the consolidation of Barnes & Noble Education, making the numbers appear strong despite a significant drop in core licensing revenues. A special cash dividend of $0.245 per share was declared.

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December 18, 2024 | 3:45 am