Streetbeat News

Earnings

TFC

Truist Finl (NYSE:TFC) is set to release its quarterly earnings on October 17, 2024. Analysts expect an EPS of $0.91. The company's past performance shows a tendency to beat estimates, which has previously led to positive stock price movements. Investors are particularly interested in the guidance provided for the next quarter.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 2:00 pm

OZK

Bank OZK is set to release its quarterly earnings report on October 17, 2024. Analysts expect an EPS of $1.53. The company's past performance shows mixed results, with a recent miss leading to a 3.99% drop in share price. Shares are currently trading at $44.69, up 27.71% over the past year.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 2:00 pm

NFLX

Netflix is set to release its quarterly earnings report on October 17, 2024, with analysts estimating an EPS of $5.12. Investors are keen on not just an earnings beat but also positive future guidance. Netflix's past performance shows mixed reactions to earnings beats, with share price changes varying. Analysts rate Netflix as 'Outperform' with a price target of $720.92, suggesting a 2.12% upside. Netflix leads in revenue growth and gross profit among peers but has the lowest return on equity.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 2:00 pm

PPG

PPG Industries, Inc. is set to release its Q3 earnings on Oct. 16, with analysts expecting an EPS of $2.15 and revenue of $4.65 billion. Recent analyst ratings show maintained positive outlooks but with slightly reduced price targets. PPG shares recently rose by 1.1%.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 1:59 pm

NBCC

RVER

ULTA

Ulta Beauty's stock is trading lower after the company reaffirmed its FY24 guidance and outlined long-term growth strategies, including new store openings and a loyalty program expansion. The company also announced a new $3 billion share repurchase authorization.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 1:52 pm

ASML

ASML requires 2 billion euros in bookings in Q4 to meet its new 2025 sales guidance, as stated by the CFO during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:48 pm

ASML

ASML has announced that it expects the slowdown in the chip market to persist well into 2025, as stated during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:34 pm

MS

NVDA

USB

Morgan Stanley and US Bank shares rose due to strong earnings reports. Bitcoin surpassed $67,000, and NVIDIA's stock recovered after a selloff on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:32 pm

INDS

PLD

SPRE

Prologis, Inc. (NYSE:PLD) reported Q3 earnings with FFO beating expectations but revenue missing. The company revised its FY24 guidance slightly upwards. Prologis' shares rose 1.32% premarket. Investors can also gain exposure through ETFs like Pacer Industrial Real Estate ETF (NYSE:INDS) and SP Funds S&P Global REIT Sharia ETF (NYSE:SPRE).

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 1:18 pm

ASML

ASML's CEO expressed optimism about the company's long-term prospects during a conference call, indicating positive developments ahead.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:15 pm