Streetbeat News

Earnings

BAC

C

JPM

WFC

Bank of America reported strong Q3 earnings, with analysts maintaining positive ratings and slightly increasing price targets. The bank's net interest income and core revenues exceeded expectations, and the positive trend is expected to continue into Q4. Analysts noted stability in consumer spending and credit quality.

Portfolio Pulse from Priya Nigam

October 16, 2024 | 4:05 pm

AAL

ALK

DAL

JBLU

LUV

SAVE

UAL

Airline stocks are experiencing a rise in share prices following United Airlines' strong earnings report and announcement of a stock buyback.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:03 pm

UAL

United Airlines shares rose following the announcement of better-than-expected Q4 financial results and a $1.5 billion share buyback program.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:02 pm

MESA

Mesa Air Group shares declined following the announcement of a year-over-year decrease in Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:02 pm

PINE

Alpine Income Prop Trust (NYSE:PINE) is set to release its quarterly earnings on October 17, 2024, with analysts expecting an EPS of $0.40. The company has a history of beating estimates, which previously led to slight stock price increases. Analysts maintain a 'Buy' rating with a price target of $19.04, suggesting a potential 10.38% upside. The company shows strong revenue growth and gross profit compared to peers but struggles with net margin and return on assets.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:02 pm

HBCP

Home Bancorp (NASDAQ:HBCP) is set to announce its quarterly earnings on October 17, 2024. Analysts expect an EPS of $0.99. Despite past earnings beats, the stock has shown mixed price reactions. Investors are keen on both the earnings results and future guidance.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm

OCFC

OceanFirst Financial (NASDAQ:OCFC) is set to release its quarterly earnings report on October 17, 2024. Analysts expect an EPS of $0.38. The market is optimistic about the company surpassing estimates and providing positive guidance. In the previous quarter, OCFC missed EPS estimates by $0.04, resulting in a 4.76% drop in share price. Currently, shares are trading at $18.78, up 38.21% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm

MCB

Metropolitan Bank Holding (NYSE:MCB) is set to release its quarterly earnings on October 17, 2024. Analysts expect an EPS of $1.55. Investors are keen on the earnings performance and future guidance, as past earnings have shown varied impacts on share prices. Shares are currently trading at $58.99, up 86.48% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm

MRTN

Marten Transport (NASDAQ:MRTN) is set to release its quarterly earnings report on October 17, 2024. Analysts expect an EPS of $0.08. Investors are keen on not just an earnings beat but also positive future guidance. The company's past performance shows mixed results, with a recent EPS miss leading to a slight share price increase. Shares are currently trading at $16.73, down 5.09% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm

SNA

Snap-on is set to announce its quarterly earnings on October 17, 2024, with analysts estimating an EPS of $4.59. The company has a consensus rating of 'Outperform' and a one-year price target of $328.67, suggesting an 11.16% upside. Snap-on's past performance shows mixed results, with a slight EPS miss last quarter but a positive long-term stock performance. The company excels in net margin and return on equity, indicating strong financial health.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm