Streetbeat News

Earnings

ABBV

AbbVie has been upgraded to 'Strong Buy' despite recent pessimism due to clinical outcomes related to emraclidine. The company's strong dividend payments and non-GAAP EPS, along with its leadership in the immunology market, support this positive outlook.

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November 22, 2024 | 8:30 pm

PXS

Pyxis Tankers Inc. held its Q3 2024 earnings call, discussing financial results for the quarter.

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November 22, 2024 | 8:30 pm

MATW

Matthews International Corporation reported strong earnings with signs of deleveraging and margin improvement. Despite challenges in the EV market, new product launches and cost reductions are expected to drive future growth and profitability.

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November 22, 2024 | 8:15 pm

BEKE

KE Holdings Inc. (NYSE:BEKE) held its Q3 2024 earnings conference call on November 21, 2024. Key participants included Siting Li, Stanley Peng, and Tao Xu, with analysts from UBS, Goldman Sachs, Citi, Jefferies, and Bank of America Securities attending.

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November 22, 2024 | 8:15 pm

GPS

Gap Inc. (GPS) is experiencing a surge in its stock price following the release of its earnings report. This positive movement has made it the Chart of the Day.

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November 22, 2024 | 8:00 pm

GPS

Gap Inc. is focusing on enhancing its digital and in-store experiences to revitalize its brands, including Old Navy, Gap, Banana Republic, and Athleta. This announcement was made during the company's third-quarter results report.

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November 22, 2024 | 8:00 pm

DPMAY

Diploma PLC held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included CEO Johnny Thomson and CFO Chris Davies, with analysts from major financial institutions attending.

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November 22, 2024 | 8:00 pm

INTU

U.S. stocks rose with the Dow Jones index gaining over 350 points. However, Intuit shares fell following their Q1 results.

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November 22, 2024 | 7:45 pm

GOOG

The article discusses the bullish outlook on Google stock despite regulatory risks, including a potential Chrome divestiture. Google's strong earnings growth and attractive valuation with a forward P/E ratio of 19.5x support this view. The core services like Search and YouTube are expected to remain resilient, and a conservative fair price of $181.9 offers a margin of safety.

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November 22, 2024 | 7:45 pm

DCO

Ducommun reported a 2.6% revenue growth, driven by military, space, and Airbus programs. The company saw improved margins and a 41% increase in adjusted EPS. Airbus programs offset Boeing's strike challenges, with Boeing's recovery expected to support future growth. Facility consolidations are yielding savings, and the defense backlog increased due to demand for TOW missiles and surveillance.

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November 22, 2024 | 7:30 pm