Streetbeat News

Earnings

WTW

Weight Watchers International, Inc. (WTW) reported Q3 adjusted EPS of $2.24, beating the estimated $2.05. The company also reported revenue of $2.2B, surpassing the estimated $2.088B.

Portfolio Pulse from Bill Haddad

October 26, 2023 | 10:02 am

LIN

Linde's Q3 adjusted earnings per share of $3.63 beat the analyst consensus estimate of $3.57 by 1.68 percent, a 17.1 percent increase from the same period last year. However, the company's quarterly sales of $8.15 billion missed the analyst consensus estimate of $8.62 billion by 5.39 percent, a 7.30 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:01 am

UPS

UPS has reported Q3 consolidated revenues of $21.1B, which is lower than the estimated $21.459B.

Portfolio Pulse from Bill Haddad

October 26, 2023 | 10:01 am

OSTK

Overstock.com reported Q3 adjusted EPS of $(0.61), beating the estimate of $(0.72) by 15.28%. However, the company's sales of $373.31M missed the estimate of $397.17M by 6.01%. This represents a 569.23% decrease in earnings and an 18.89% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:01 am

UPS

UPS has reported its Q3 adjusted EPS at $1.57, which is higher than the estimated $1.52.

Portfolio Pulse from Bill Haddad

October 26, 2023 | 10:00 am

STM

STMicroelectronics NV reported Q3 FY23 revenue growth of 2.5% YoY to $4.43 billion, beating the consensus of $4.38 billion. The company generated $707 million in free cash flow and held $5.05 billion in cash and equivalents. However, it revised its FY23 revenues outlook to $17.3 billion, versus the prior $17.25 billion - $17.55 billion. STM shares traded higher by 3.49% at $40.35 premarket on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

October 26, 2023 | 9:49 am

SAVE

Spirit Airlines reported Q3 adjusted losses of $(1.37) per share, beating the analyst consensus estimate of $(1.48) by 7.43 percent. However, the company's quarterly sales of $1.26 billion missed the analyst consensus estimate by 0.08 percent, marking a 6.25 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:49 am

SBSI

Southside Bancshares (NASDAQ:SBSI) reported Q3 earnings of $0.60 per share, missing the analyst consensus estimate of $0.72 by 16.67%. This is a 28.57% decrease from the same period last year. The company also reported quarterly sales of $64.10 million, missing the analyst consensus estimate of $68.18 million by 5.98%. This is a 2.56% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:48 am

TAL

TAL Education reported Q2 earnings of $0.10 per share, beating the analyst consensus estimate of $0.09 by 11.11%. This is a 150% increase over earnings of $0.04 per share from the same period last year. The company also reported quarterly sales of $411.93 million, beating the analyst consensus estimate of $393.73 million by 4.62%. This is a 40.08% increase over sales of $294.06 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 9:35 am

AMZN

BMY

MA

META

ORLY

Amazon, Meta Platforms, Mastercard, O'Reilly Automotive, and Bristol-Myers Squibb are the stocks to watch heading into Thursday. Amazon and Bristol-Myers Squibb are expected to report their quarterly earnings, while Meta Platforms and O'Reilly Automotive have reported better-than-expected results. Mastercard is also set to release its earnings.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 9:32 am