Streetbeat News

Earnings

XOM

Exxon Mobil (NYSE:XOM) is set to release its latest quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $2.24. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. The stock is currently trading at $108.59, down 3.29% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 2:00 pm

SNY

Sanofi (NASDAQ:SNY) is set to release its quarterly earnings report on Friday, 2023-10-27. Analysts estimate an earnings per share (EPS) of $2.26. Last quarter, the company missed EPS by $0.63, resulting in a 0.0% drop in the share price the next day. Shares of Sanofi were trading at $53.09 as of October 25, with a 52-week increase of 23.55%.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 2:00 pm

MBLY

Mobileye Global's shares are trading higher after the company reported better-than-expected earnings for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:59 pm

WTW

Shares of WTW are trading higher following the company's Q3 results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:56 pm

PI

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

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:56 pm

TSCO

Tractor Supply Company (NASDAQ:TSCO) reported Q3 FY23 sales growth of 4.3% YoY to $3.41 billion, missing the consensus of $3.47 billion. EPS of $2.33 beat the Wall Street view of $2.29. The company lowered its FY23 outlook, expecting adjusted EPS of $10.00-$10.10 versus the $10.22 estimate and revenue of $14.5 billion-$14.6 billion versus the $14.82 billion estimate. TSCO shares are trading lower by 5.68%.

Portfolio Pulse from Nabaparna Bhattacharya

October 26, 2023 | 1:55 pm

INTC

Intel Corporation (NASDAQ:INTC) is set to release its Q3 financial results on Oct. 26, 2023. Analysts predict a decrease in earnings and revenue compared to the previous year. The company's shares fell 5.1% to close at $32.83 on Wednesday. Several analysts have recently revised their ratings and price targets for Intel, with varying levels of accuracy.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:49 pm

ABVC

BETS

BMY

PXMD

SFR

SILC

SNOA

US stocks traded mixed with the Dow up 0.10%, NASDAQ down 0.24%, and S&P 500 down 0.13%. Bristol Myers Squibb reported better-than-expected Q3 earnings with revenues of $10.966 billion, beating the consensus of $10.965 billion. ABVC BioPharma shares rose 220% after licensing global rights of CNS drugs to AiBtl BioPharma. PaxMedica shares rose 82% after completing a type-B meeting with the FDA. Appreciate Holdings shares rose 45% after receiving a notice from Nasdaq regarding delisting. Bit Brother shares dropped 70% after pricing a $5.04 million registered direct offering. Sonoma Pharmaceuticals shares were down 51% after pricing a $1.7 million public offering. Silicom shares fell 29% after issuing a weak sales forecast for Q4.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:44 pm

BABA

JD

LNGGF

LNGGY

Chinese sportswear maker Li Ning Co Ltd (OTC:LNGGY) (OTC:LNGGF) saw its shares plunge by over 20% after it announced missing Q3 sales expectations. The company reported a decline in point-of-sale distributors and same store sales. Investment bank Nomura lowered its price target for Li Ning due to high inventory levels and expected slowdown in profit growth. Li Ning's performance is seen as a proxy for the health of the Chinese retail market.

Portfolio Pulse from Daniel Harrison

October 26, 2023 | 1:43 pm

CMG

Chipotle Mexican Grill (NYSE:CMG) is set to report its Q3 earnings after market hours on Thursday. Analysts will be closely watching the impact of the company's aggressive pricing on demand and the effect of upcoming student loan repayments on its target consumer. The stock is currently trading at a P/E of over 40, with the sector median at close to 13 P/E. CMG makes up more than 18.8% of Pershing Square Capital Management’s portfolio. Wall Street analysts expect CMG to report $10.56 in EPS for the quarter and $2.47BN in revenue.

Portfolio Pulse from Surbhi Jain

October 26, 2023 | 1:37 pm