Streetbeat News

Earnings

INCY

Incyte (NASDAQ:INCY) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $1.02. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. However, the stock has been down 31.95% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

MSCI

MSCI (NYSE:MSCI) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $3.32. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. MSCI shares were trading at $476.19 as of October 27, with a 1.69% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

ZBRA

Zebra Technologies (NASDAQ:ZBRA) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.81. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, ZBRA missed EPS by $0.02, resulting in a 5.35% drop in share price. Over the last 52-week period, shares are down 13.27%.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

TECH

Bio-Techne (NASDAQ:TECH) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.44. The company's past performance shows a trend of share price drops following earnings releases. The stock is currently trading at $59.54, down 28.55% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

AMCR

Amcor (NYSE:AMCR) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.15. The company's past performance shows a pattern of beating EPS estimates, which has sometimes resulted in a share price increase. However, the stock has been generally negative over the last 52-week period, with shares down 24.5%.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

PFE

Pfizer (NYSE:PFE) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $-0.32. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. Pfizer's shares are currently trading at $30.11, down 36.74% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:01 pm

BUD

Anheuser-Busch InBev (NYSE:BUD) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.83. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $52.83 and has seen a 5.7% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:00 pm

LFSWF

Lifeist Wellness Inc. reported a 30% YoY drop in Q3 net revenue to CA$4.8 million ($3.45 million). The company is focusing on transforming into a diversified wellness company with high-margin business units. The strategic focus on high-margin activities and operational efficiency has improved gross margins to 30% compared to 20% in the same quarter of 2022. Operating costs and professional fees dropped 21.4% to CA$3.1 million. The company's shares traded 0.9901% lower at $0.01 per share after the market close on Friday.

Portfolio Pulse from Jelena Martinovic

October 30, 2023 | 1:50 pm

ALZN

COMM

EAR

MCD

MIRO

TENX

VYNE

U.S. stocks traded higher with the Dow Jones index gaining over 250 points and NASDAQ rising by 1.20%. McDonald's Corp reported better-than-expected earnings for its third quarter with a sales growth of 14% YoY. Miromatrix Medical Inc. shares shot up 231% after United Therapeutics agreed to acquire the company. VYNE Therapeutics Inc. shares also rose by 52% after the company announced a private placement of $88 million. Eargo, Inc. shares were up by 54% after the company announced it will be taken private by Patient Square Capital. However, CommScope Holding Company, Inc. shares dropped 30% after the company reported preliminary third-quarter financial results. Alzamend Neuro, Inc. and Tenax Therapeutics, Inc. shares also fell by 25% and 21% respectively.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 1:46 pm

CNA

L

Loews Corp reported Q3 FY23 EPS of $1.12, up from a loss of $(0.09) a year ago, with net income of $253 million. Revenues were $3.93 billion, up from $3.46 billion a year ago. CNA Financial Corp's revenue contribution increased to $3.34 billion, and net income was $235 million. Boardwalk Pipelines' revenues rose to $363 million, and net income rose to $49 million. Loews Hotels' revenues rose to $196 million, but net income declined to $17 million. Loews repurchased 1.9 million shares for $118 million in the quarter.

Portfolio Pulse from Lekha Gupta

October 30, 2023 | 1:40 pm