Streetbeat News

Earnings

WM

Waste Management (WM) reported mixed Q3 financial results, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:38 pm

BEPC

ENIC

GNE

HE

PAM

Benzinga Insights has identified five value stocks in the utilities sector that may be worth watching: Hawaiian Electric Indus (HE), Genie Energy (GNE), Enel Chile (ENIC), Pampa Energia (PAM), and Brookfield Renewable (BEPC). The selection is based on the price-to-earnings (P/E) multiple, a common indicator of undervalued stocks. The companies' recent earnings per share and dividend yields were also reported.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:38 pm

GBX

Greenbrier Companies Inc's (GBX) shares fell by 16% after the company reported Q4 FY23 results. Despite revenues rising to $1.017 billion and securing orders for 15,300 new railcars, the company's adjusted EPS of $0.92 missed the consensus of $1.00. The company repurchased 0.2 million shares for around $8 million in Q4 and has $46 million worth of shares remaining under the current share repurchase program. For FY24, GBX expects revenue of $3.40 billion – $3.70 billion, lower than the consensus of $3.72 billion.

Portfolio Pulse from Lekha Gupta

October 25, 2023 | 2:38 pm

DHR

Danaher Corporation's shares are trading lower due to continued downward momentum following the company's Q3 financial results announcement.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:29 pm

AVY

Avery Dennison Corporation (AVY) reported a Q3 FY23 sales decline of 9.4% Y/Y to $2.098 billion, missing the analyst consensus of $2.17 billion. The company's gross profit fell to $585.8 million from $619.2 million a year ago. However, the company expects further sequential improvement in the fourth quarter. AVY shares are trading lower by 3.53% at $166.96.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2023 | 2:23 pm

LTH

Life Time Group Holdings' shares are trading lower following the release of their Q3 results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:13 pm

AAPL

AMZN

GOOGL

META

MSFT

NFLX

NVDA

TSLA

The market has been under pressure due to bond market headwinds and geopolitical events. The Q4 earnings report of the 'Magnificent Seven' (Apple, Microsoft, Alphabet, NVIDIA, Tesla, Meta Platforms, Amazon) is anticipated. Tesla and Netflix have already reported their earnings, with Tesla's stock falling due to Elon Musk's hawkish remarks and Netflix's stock rising by over 10% after a strong earnings report. The remaining companies are expected to report their earnings in the coming weeks, with the prediction that Google, Microsoft, Amazon, and Meta will beat earnings based on analyst sentiment.

Portfolio Pulse from Thrash Capital

October 25, 2023 | 2:12 pm

CSTM

Constellium's shares are trading lower after the company reported mixed Q3 results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:12 pm

ADP

Automatic Data Processing (ADP) reported mixed Q1 financial results and reiterated its guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:06 pm

BKYI

BIO-Key International reported an EPS of $(0.08), up from $(0.29) YoY. The company also reported sales of $1.8M, up from $1.4M YoY.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:05 pm