Streetbeat News

Earnings

CVS

CVS Health has provided preliminary guidance for its Q3 adjusted EPS, estimating it to be between $1.05 and $1.10, which is significantly lower than the analyst estimate of $1.70.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2024 | 10:37 am

FITB

Fifth Third Bancorp reported its Q3 2024 financial results, with GAAP EPS of $0.78 missing the estimate of $0.83, and sales of $2.132 billion falling short of the expected $2.163 billion.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:32 am

GLD

TSM

Gold reached a record high of over $2,700 amid U.S. election uncertainties, while the Dow hit a record high due to strong retail sales and Taiwan Semiconductor's positive earnings forecast. U.S. markets closed mixed, with the S&P 500 and Nasdaq nearly flat. Asian and European markets mostly rose, supported by positive economic data.

Portfolio Pulse from Akanksha Bakshi

October 18, 2024 | 10:32 am

CMA

Comerica reported its Q3 2024 financial results, with an adjusted EPS of $1.37, surpassing the estimate of $1.16. However, its sales of $811 million slightly missed the expected $811.617 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:26 am

CVS

CVS Health's Q3 results are expected to fall short of Wall Street's expectations, and the company plans to withdraw its current 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:20 am

BTTR

Better Choice anticipates its combined 2025 pro forma revenue and EBITDA to reach $270 million and $10 million, respectively. The companies have shown a 25% quarter-over-quarter revenue increase, generating $235 million in the trailing twelve months.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:12 am

RF

Regions Financial (NYSE:RF) reported Q3 earnings of $0.57 per share, surpassing the $0.53 estimate and showing a 16.33% increase from last year. Sales reached $1.87 billion, beating the $1.80 billion estimate and marking a 0.54% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:03 am

ALV

Autoliv reported Q3 2024 earnings with an adjusted EPS of $1.84, missing the $1.95 estimate, but sales of $2.56B beat the $2.53B estimate. Sales decreased by 1.58% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:01 am

PG

Procter & Gamble (NYSE:PG) is set to release its Q1 earnings on Oct. 18, with expectations of $1.90 EPS and $21.91 billion in revenue. Analysts have revised their ratings, with mixed views ranging from Neutral to Buy. The stock closed at $172.28, slightly down by 0.1%.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 8:10 am

SLB

Schlumberger Limited (NYSE:SLB) is set to release its Q3 earnings on Oct. 18, with expectations of increased earnings and revenue compared to last year. Analysts have adjusted their price targets for SLB, maintaining positive ratings but lowering targets slightly. SLB recently sold its interests in Palliser Block, and its shares rose 0.7% to $43.99.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 7:54 am