Streetbeat News

Earnings

CVLY

Codorus Valley Bancorp (NASDAQ:CVLY) reported Q3 earnings of $0.61 per share, beating the analyst consensus estimate of $0.54 by 12.96%. However, this is a 18.67% decrease from the same period last year. The company also reported quarterly sales of $23.57 million, beating the estimate of $23.00 million by 2.46%, but this is a 1.66% decrease from last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:13 pm

ATGE

Adtalem Global Education Inc. (ATGE) has projected its FY24 revenue to be between $1.47 billion and $1.53 billion, compared to the estimated $1.48 billion. The company also expects its FY24 adjusted EPS to be between $4.25 and $4.45, against the estimated $4.31.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:13 pm

DECK

Deckers Brands has increased its FY24 EPS outlook from $21.75-$22.25 to $22.90-$23.25, surpassing the estimated $22.62. The company also raised its net sales forecast from $3.98B to $4.025B, slightly above the estimated $4.01B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:13 pm

GOOG

GOOGL

META

TTD

Shares of The Trade Desk, Inc. (NASDAQ:TTD) traded lower on Thursday, possibly due to weakness in Meta Platforms, Inc. (NASDAQ:META) after its Q3 results. Meta's Q3 revenue was $34.15 billion, above estimates of $33.57 billion, marking a 23% YoY increase. However, Meta's CFO mentioned that ad spending had been volatile in Q4 due to the Middle East conflict, which may have caused the downward trend. Trade Desk's stock was already struggling due to negative market sentiment caused by Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Q3 earnings report.

Portfolio Pulse from Ryan Gustafson

October 26, 2023 | 9:12 pm

EGO

Eldorado Gold's Q3 revenue was reported at $245.3M, which is lower than the estimated $261.77M. However, the adjusted EPS was $0.17, surpassing the estimate of $0.07.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:12 pm

TARO

Taro Pharmaceutical Indus (NYSE:TARO) reported Q2 2023 earnings of $0.38 per share, beating the analyst consensus estimate of $0.18 by 111.11%. However, this is a 42.42% decrease from the same period last year. The company's quarterly sales of $148.20 million missed the analyst consensus estimate of $161.14 million by 8.03%, but it's a 13.57% increase from the same period last year.

Portfolio Pulse from saritha@benzinga.com

October 26, 2023 | 9:11 pm

CALB

California Bancorp (NASDAQ:CALB) reported Q3 earnings of $0.64 per share, beating the analyst consensus estimate of $0.62 by 3.23%. However, this is a 3.03% decrease from the same period last year. The company also reported quarterly sales of $19.87 million, beating the estimate of $19.82 million by 0.26%, a slight increase from last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:10 pm

MVBF

MVB Financial (NASDAQ:MVBF) reported Q3 earnings of $0.29 per share, a 38.1% increase from $0.21 per share in the same period last year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:10 pm

FMAO

Farmers & Merchants (NASDAQ:FMAO) reported Q3 earnings of $0.35 per share, meeting analyst consensus. This is a 48.53% decrease from last year's earnings. The company's quarterly sales of $23.33M beat the analyst consensus of $19.30M by 20.86%, but it's an 11.36% decrease from last year's sales.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:09 pm

RBKB

Rhinebeck Bancorp (NASDAQ:RBKB) reported a 42.11% decrease in quarterly earnings, from $0.19 per share last year to $0.11 per share this year.

Portfolio Pulse from Happy Mohamed

October 26, 2023 | 9:08 pm