Streetbeat News

Earnings

WCC

WESCO International shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:42 pm

ASC

CHRD

DHT

Analysts have provided updated ratings and price targets for three high-yield energy stocks: Ardmore Shipping Corporation, DHT Holdings, and Chord Energy Corporation. These stocks offer dividend yields over 8%, attracting investors during market uncertainty. Ardmore Shipping and DHT Holdings have upcoming earnings announcements, which may impact their stock prices.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:42 pm

CVNA

Carvana Co (NYSE:CVNA) shares surged after reporting strong Q3 results, with revenue and EPS surpassing expectations. The company saw a 32% increase in revenue and a 34% rise in vehicle sales year-over-year. Carvana expects continued growth in Q4 and raised its full-year adjusted EBITDA guidance. Analyst Colin Sebastian raised the price target to $240.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 1:41 pm

IDCC

InterDigital shares rose following the release of strong Q3 financial results and an upward revision of FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:40 pm

SPXC

SPX Technologies shares declined due to disappointing Q3 revenue results and a narrowed FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:39 pm

MSFT

Microsoft's stock is sliding due to mixed reactions to its Q1 financial results. Despite beating revenue and EPS estimates, concerns over forward guidance and Azure growth are impacting investor sentiment.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 1:37 pm

KYMR

Kymera Therapeutics shares fell after the company reported Q3 revenue results that were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:37 pm

AGIO

Agios Pharmaceuticals shares declined following the release of disappointing Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:36 pm

BWA

BorgWarner shares rose following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:35 pm

STLA

Stellantis shares are trading higher after Q3 results showed a revenue decline but an inventory reduction.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:31 pm