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Earnings

AMR

CE

CMC

KOP

SQM

Benzinga Insights has identified five value stocks in the basic materials sector based on quantified analysis. These include Alpha Metallurgical (AMR), Celanese (CE), Koppers Hldgs (KOP), Commercial Metals (CMC), and Sociedad Quimica Y Minera (SQM). The article provides recent earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:38 pm

MGA

Auto parts supplier Magna International, Inc. (NYSE:MGA) reported a 15% YoY sales growth in Q3 FY23, beating analyst consensus. Adjusted EPS and EBIT also surpassed expectations. The company saw increased production in North America and Europe, but a decrease in China. Magna revised its FY23 sales outlook and raised its adjusted EBIT margin outlook. MGA shares are trading 14.6% higher.

Portfolio Pulse from Nabaparna Bhattacharya

November 03, 2023 | 2:30 pm

SBAC

SBA Communications reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:26 pm

YORW

The York Water Company reported Q3 2023 earnings per share (EPS) of $0.53, up from $0.40 year-over-year (YoY). However, the company's revenue of $18.767M missed the $19M estimate.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:25 pm

EXAS

Exact Sciences reported a year-over-year increase in Q3 EPS results and better-than-expected Q3 sales results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:24 pm

CAH

Cardinal Health reported better-than-expected Q1 financial results and raised its FY24 adjusted EPS guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:23 pm

AES

AES Corporation reported mixed Q3 financial results and updated its guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:20 pm

DKNG

DraftKings Inc. (NASDAQ:DKNG) shares are trading higher after the company reported better-than-expected Q3 financial results and raised its 2023 revenue guidance midpoint above the analyst consensus estimate. The company reported a Q3 revenue of $790 million, up 57% YoY, and a loss of 61 cents per share, beating the consensus estimate of a loss of 70 cents per share. DraftKings also raised its fiscal year revenue guidance to a new range of $3.67 billion to $3.72 billion, implying a YoY increase of 64% to 66%.

Portfolio Pulse from Erica Kollmann

November 03, 2023 | 2:18 pm

AAPL

BA

SPGI

On CNBC's 'Halftime Report Final Trades', Josh Brown of Ritholtz Wealth Management recommended Apple Inc., which recently reported stronger-than-expected earnings and sales for Q4, despite iPhone revenue falling slightly short of expectations. Jim Lebenthal of Cerity Partners recommended Boeing Co, which is recovering despite a recent cyberattack on its global services division. Karen Firestone of Aureus Asset Management recommended S&P Global Inc, which reported better-than-expected Q3 results and raised its annual profit outlook.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 2:18 pm

NET

Cloudflare reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:16 pm