Streetbeat News

Earnings

DTCK

Davis Commodities Limited (Nasdaq: DTCK) reported its unaudited financial results for the first half of fiscal year 2024, highlighting the impact of commodity price and shipping cost fluctuations on its performance.

Portfolio Pulse from

November 13, 2024 | 8:00 am

ALC

Alcon has reduced its 2024 forecasts and missed third-quarter sales expectations due to a weak U.S. market impacting its surgical unit.

Portfolio Pulse from

November 13, 2024 | 7:30 am

LNW

Light & Wonder, Inc. (LNW) held its Q3 2024 earnings conference call, discussing financial results and company performance. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 13, 2024 | 7:30 am

RIG

Transocean (RIG) has a strong balance sheet with a $9.3 billion backlog, indicating future profitability. The potential acquisition of Seadrill could benefit both companies. RIG reported significant YoY growth in revenue and EBITDA for 3Q24.

Portfolio Pulse from

November 13, 2024 | 7:00 am

SWONF

SoftwareOne Holding reported a modest 1.4% increase in sales for Q3, which was described as 'disappointing'. The company also mentioned ongoing but challenging discussions about potentially going private.

Portfolio Pulse from

November 13, 2024 | 6:45 am

TSEM

Wall Street analysts have updated their price expectations for Tower Semiconductor Ltd. (TSEM) ahead of its Q3 earnings release on November 13.

Portfolio Pulse from

November 13, 2024 | 6:30 am

ALIZF

Allianz reported a 22% increase in third-quarter net profit, surpassing expectations, and provided an optimistic outlook for 2024.

Portfolio Pulse from

November 13, 2024 | 6:30 am

PLTR

Palantir reported strong Q3 earnings, surpassing estimates and raising FY 2024 guidance, driven by growth in commercial and government sectors. Despite concerns over its valuation, Palantir's leadership in AI and data management suggests significant long-term growth potential.

Portfolio Pulse from

November 13, 2024 | 6:30 am

STVN

Stevanato's Q3 2024 sales exceeded estimates, but adj. EBITDA and EPS fell short due to under-utilization and higher costs in the Engineering division. Despite these challenges, sequential margin improvement is expected, and long-term growth remains strong. The buy rating is maintained.

Portfolio Pulse from

November 13, 2024 | 6:30 am