Streetbeat News

Earnings

CMLS

Cumulus Media reported Q3 earnings per share (EPS) of $0.16, down from $0.45 year-over-year (YoY). The company's sales of $207.42M missed the estimate of $207.47M.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 12:03 pm

PIPR

Piper Sandler Companies reported Q3 adjusted EPS of $1.76, beating the estimate of $1.58. The company's revenue of $306.2M also surpassed the estimate of $298.822M.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 12:02 pm

GNTX

Gentex reported Q3 earnings of $0.45 per share, beating the analyst consensus estimate of $0.44 by 2.27%. This is a 45.16% increase from the same period last year. The company also reported quarterly sales of $575.85 million, beating the analyst consensus estimate of $566.22 million by 1.70%. This is a 16.65% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 12:01 pm

IMO

Imperial Oil has reported a net income of C$1.6 billion and EPS of C$2.76 for Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:59 am

ENPH

Enphase Energy Inc. (ENPH) shares are trading lower after the company issued weak Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:53 am

CVX

HES

Chevron Corp (CVX) reported Q3 FY23 total revenues of $54.1 billion, beating consensus but with sales falling to $51.9 billion from $63.5 billion a year ago due to lower commodity prices. Adjusted net earnings were $5.72 billion, missing the consensus. Lower upstream realizations and decreased margins on refined product sales negatively impacted earnings. The company declared a quarterly dividend per share of $1.51. CVX repurchased shares of $3.4 billion and paid dividends of $2.9 billion. CVX also recently acquired Hess Corp (HES) for $53 billion.

Portfolio Pulse from Lekha Gupta

October 27, 2023 | 11:50 am

CHTR

Charter Communications reported mixed Q3 results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:50 am

TTE

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

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:48 am

ABBV

AbbVie has increased its FY24 adjusted EPS guidance floor from $10.70 to $11.00, which is slightly below the consensus of $11.07.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:48 am

AMZN

Amazon reported a Q3 beat and issued strong Q4 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 11:47 am