Streetbeat News

Earnings

AOI

Africa Oil Corp's valuation is seen as an opportunity by Stifel, which reiterated a 'Buy' recommendation after the company's financial update. The firm reported improved production and cash flow in Q3, with 17,900 boepd and $68.2 million, and is consolidating its Nigerian operations.

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November 15, 2024 | 9:30 am

MNSO

MINISO Group Holding Limited (NYSE: MNSO) will release its September quarter 2024 financial results on November 29, 2024, before the U.S. market opens. An earnings conference call will follow at 4:00 A.M.

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November 15, 2024 | 9:15 am

AGNC

AGNC Investment Corp. is expected to benefit from the Federal Reserve's 25 basis point rate cut, which could enhance its profitability and valuation. The company's interest income grew by 28% year-over-year in Q3, and lower financing costs may improve its spread potential. As rates decrease, AGNC's book value could normalize and reprice upwards, making it a promising investment.

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November 15, 2024 | 8:30 am

DIS

Disney's Q4 2024 results showed a 6.3% revenue increase to $22.57 billion, surpassing forecasts. Disney+ Core subscribers reached an all-time high, offsetting declines in Hotstar users. Theme parks and theatrical distribution had mixed results, with strong park performance and theatrical revenue nearly tripling.

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November 15, 2024 | 8:15 am

BTTR

Better Choice Company Inc. (BTTR) held its Q3 2024 earnings call, discussing financial results and company performance.

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November 15, 2024 | 8:00 am

RKUNY

Rakuten achieved a positive quarterly operating profit for the first time in 17 quarters, marking a profitability inflection point. The company reported an operating income of JPY 537 million for Q3 2024, and a turnaround is expected with positive operating profit anticipated in 2025. The Buy rating for Rakuten is maintained.

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November 15, 2024 | 8:00 am

RYAAY

Ryanair's H1 2025 results indicate sequential fare improvement, with expectations for further pricing environment enhancement in H2 and 2026. Factors such as Boeing delays and agreements with online travel agencies contribute to this outlook. Ryanair's low valuation, cost advantage, and solid balance sheet make it a strong buy.

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November 15, 2024 | 7:30 am

GBDC

Golub Capital BDC offers a high-quality 11% yield with a strong track record, high asset quality, and good management. The company focuses on first-lien senior secured debt, providing low-risk exposure and high-interest rates. Significant insider ownership aligns management with shareholders' interests.

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November 15, 2024 | 7:15 am

BWEFF

BW Energy reported strong third-quarter results for 2024, with an EBITDA of USD 130 million and a net profit of USD 48 million. The company achieved record operational cash flow and production levels, particularly from the Dussafu license in Gabon. BW Energy is on track to complete ESP change-outs in Gabon by year-end and has finalized agreements for exploration blocks offshore Gabon.

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November 15, 2024 | 6:45 am