Streetbeat News

Earnings

TCBI

Texas Capital Bancshares (NASDAQ:TCBI) is set to release its quarterly earnings report on October 17, 2024. Analysts expect an EPS of $0.95. The market is optimistic about the company surpassing estimates and providing positive guidance. In the previous quarter, TCBI missed EPS estimates by $0.06, resulting in a slight share price drop. Currently, TCBI shares are trading at $77.57, up 40.12% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:01 pm

CBSH

Commerce Bancshares (NASDAQ:CBSH) is set to announce its quarterly earnings on October 17, 2024, with analysts estimating an EPS of $1.00. Investors are keenly awaiting the announcement, hoping for results that surpass estimates and favorable future guidance. Historically, the company's stock price has shown varied reactions to earnings announcements.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:00 pm

WDFC

WD-40 is set to release its quarterly earnings report on October 17, 2024, with analysts expecting an EPS of $1.34. The company's past performance has shown that surpassing EPS estimates can lead to significant stock price movements. Investors are particularly interested in the guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:00 pm

MTB

M&T Bank (NYSE:MTB) is set to announce its quarterly earnings on October 17, 2024. Analysts expect an EPS of $3.64. Historically, M&T Bank has shown mixed stock price reactions to earnings results. Shares are currently trading at $185.88, up 57.78% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:00 pm

AAPL

ASML

TSM

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is set to report its Q3 earnings on Oct. 17, with expectations of $1.80 EPS and $23.1 billion revenue. The company is producing Apple Inc's (NASDAQ:AAPL) A16 chips in Arizona, signaling potential benefits from U.S. semiconductor manufacturing efforts. Despite bullish technical indicators, macroeconomic headwinds and U.S. chip export restrictions pose challenges.

Portfolio Pulse from Surbhi Jain

October 16, 2024 | 3:55 pm

SIRI

Sirius XM Holdings Inc (NASDAQ:SIRI) shares rose 10% after Berkshire Hathaway increased its stake by 3.56 million shares, signaling confidence in the company ahead of its Q3 earnings report. Berkshire now holds a 32% stake in SiriusXM.

Portfolio Pulse from Henry Khederian

October 16, 2024 | 3:51 pm

EFX

Equifax Inc. (NYSE:EFX) shares are currently priced at $292.81, reflecting a 0.92% increase. Despite a 2.50% decline over the past month, the stock has risen by 62.11% over the past year. The company's P/E ratio of 61.99 is higher than the Professional Services industry average of 46.22, suggesting potential overvaluation.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 3:45 pm

PLD

Prologis shares are trading higher after the company reported a Q3 FFO beat and raised the bottom end of its FY24 FFO guidance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:44 pm

LOOP

Loop Industries shares declined following the release of disappointing Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:41 pm

RKLB

Rocket Lab USA (NASDAQ:RKLB) has seen unusual options activity with a mix of bullish and bearish trades. The stock price has risen by 9.61% to $10.89, but analysts have mixed ratings with price targets ranging from $5 to $11. The next earnings report is due in 27 days.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 3:31 pm