Streetbeat News

Earnings

DIA

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GM

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Wall Street experienced a decline for the second day as investors grew cautious ahead of the U.S. presidential election. The IMF raised U.S. growth forecasts but warned about rising debt. Commodities like gold and silver saw significant gains, with gold reaching record highs. General Motors surged 9% after strong earnings and a share buyback announcement. Other stocks had mixed performances, with some rising and others falling due to earnings reports.

Portfolio Pulse from Piero Cingari

October 22, 2024 | 5:16 pm

BA

Boeing Co. (NYSE:BA) is set to report Q3 earnings with expected losses, amid ongoing production and delivery issues. Investors are focused on Boeing's ability to overcome these challenges, as the stock has declined significantly this year.

Portfolio Pulse from Surbhi Jain

October 22, 2024 | 5:09 pm

PI

Impinj (NASDAQ:PI) is set to release its quarterly earnings on October 23, 2024, with analysts expecting an EPS of $0.48. The company's past performance has shown positive surprises leading to stock price increases. Despite a consensus 'Outperform' rating, the average price target suggests a potential downside. Impinj's financial metrics show strong profitability but also highlight concerns about high debt levels.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:02 pm

PEGA

Pegasystems is set to release its quarterly earnings report on October 23, 2024. Analysts expect an EPS of $0.34. The company's past performance shows significant stock price increases following earnings beats. Analysts rate Pegasystems as a 'Buy' with a price target of $84.18, indicating an 18.31% upside. Pegasystems shows strong revenue growth and return on equity compared to peers, but has a higher debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:02 pm

CYH

Community Health Sys (NYSE:CYH) is set to announce its quarterly earnings on October 23, 2024. Analysts predict an EPS of $-0.19. Investors are hopeful for better-than-expected results and positive future guidance. Past earnings have shown significant stock price reactions.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:02 pm

CASH

Pathward Financial (NASDAQ:CASH) is set to release its quarterly earnings on October 23, 2024. Analysts expect an EPS of $1.45. Investors are keen on both the earnings results and future guidance, as past performance showed a positive market reaction. Shares have risen 71.76% over the past year.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:02 pm

ASGN

ASGN is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $1.36. Despite a previous EPS beat, the stock dropped 8.9% last quarter. Analysts rate ASGN as a 'Buy' with a price target of $101.5, indicating a potential 9% upside. ASGN shows strong revenue growth and gross profit compared to peers but has a lower return on equity.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:02 pm

AMP

Ameriprise Financial (NYSE:AMP) is set to release its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $8.83. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Ameriprise has shown mixed price reactions post-earnings. The stock is up 69.08% over the past year, but analysts have a Neutral rating with a price target suggesting a potential downside.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:01 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) is set to announce its quarterly earnings on October 23, 2024. Analysts expect an EPS of $11.61. The market is optimistic about the company surpassing estimates and providing positive guidance. In the last quarter, despite missing EPS estimates, the stock rose by 4.02% the next day. ORLY shares have increased by 37.8% over the past year.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:01 pm