Streetbeat News

Earnings

RJF

Raymond James Financial, Inc. (RJF) shares are trading higher following the company's Q4 earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:21 pm

META

Meta Platforms Inc reported Q3 2023 revenue of $34.15 billion and earnings per share of $4.39, surpassing expectations. Despite the positive earnings, the company's stock closed down 4.17% for the day. However, the stock has seen a substantial increase of 144% over the year. The company's forecast for Q4 shows promising revenue growth.

Portfolio Pulse from Zaheer Anwari

October 26, 2023 | 2:20 pm

HSY

Hershey Company (NYSE:HSY) reported Q3 FY23 sales growth of 11.1% YoY to $3.03 billion, beating the analyst consensus estimate of $2.95 billion. The company's North America Confectionery segment net sales rose 9.9% YoY, while the North America Salty Snacks segment jumped 25.5%. The company's gross margin expanded to 44.9% and gross profit rose 22.7% YoY. The company reaffirmed FY23 net sales growth of about 8% and adjusted EPS growth of 11% - 12%. However, HSY shares are trading lower by 1.1%.

Portfolio Pulse from Shivani Kumaresan

October 26, 2023 | 2:19 pm

UPS

UPS reported its Q3 financial results and lowered its full-year 2023 consolidated revenue guidance, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:18 pm

NBR

Nabors Industries Ltd. reported a year-over-year decrease in Q3 EPS results and worse-than-expected Q3 revenue results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:15 pm

PHAR

Pharming Group reported a year-over-year increase in Q3 revenue results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:14 pm

HSII

Heidrick & Struggles International reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:13 pm

AMT

American Tower Corporation reported a year-over-year increase in Q3 AFFO per share and better-than-expected Q3 sales results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:13 pm

THRM

Gentherm reported worse-than-expected Q3 financial results and has cut its FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:12 pm

VKTX

Viking Therapeutics reported worse-than-expected Q3 earnings per share (EPS) results, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 2:11 pm