Streetbeat News

Earnings

TTE

TotalEnergies (NYSE:TTE) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $2.57. The company's stock performance has been generally positive, with shares up 20.81% over the last 52-week period. Last quarter, the company missed EPS by $0.23, which was followed by a 1.25% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:01 pm

UPS

United Parcel Service (NYSE:UPS) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $1.52. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $149.32, down 11.14% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

LIN

Linde (NYSE:LIN) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $3.57. Last quarter, the company beat EPS by $0.10, resulting in a 1.06% increase in the share price the next day. Shares of Linde were trading at $367.26 as of October 24, with a 52-week increase of 25.35%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

ASPA

BTAI

MSFT

RSLS

SFR

SONN

VICR

US stocks traded lower with the Nasdaq Composite falling 1.5%. Microsoft Corporation posted stronger-than-expected results for its fiscal first quarter. Abri SPAC I, Inc., ReShape Lifesciences Inc., and BioXcel Therapeutics, Inc. saw their shares rise. Meanwhile, Sonnet BioTherapeutics Holdings, Inc., Appreciate Holdings, Inc., and Vicor Corporation saw their shares drop.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 1:57 pm

ODFL

Old Dominion Freight Line Inc (NASDAQ:ODFL) reported a Q3 FY23 revenue decline of 5.5% Y/Y to $1.515 billion, marginally missing the consensus of $1.52 billion. This was due to a 6.9% Y/Y decrease in LTL tons per day, partially offset by a 3.1% Y/Y increase in LTL revenue per hundredweight. EPS of $3.09 beat the consensus of $2.92. The company now expects aggregate capital expenditure of approximately $720 million for 2023. ODFL shares are trading lower by 1.15% at $381.48.

Portfolio Pulse from Lekha Gupta

October 25, 2023 | 1:44 pm

TDOC

Teladoc Health Inc's Q3 results were mixed, with revenue of $660.24 million missing estimates of $664.11 million, but a 35 cent loss per share beating estimates for a 37 cent loss. Access fees revenue increased 8% YoY, while other revenue grew 10%. U.S. revenue was up 7% and International revenue jumped 17%. However, total visits decreased 4% to 4.4 million. The company expects Q4 revenue to be between $658 million and $683 million, below estimates of $686.56 million. Teladoc shares were down 6.18% at $17.01.

Portfolio Pulse from Adam Eckert

October 25, 2023 | 1:43 pm

TDOC

Teladoc reported mixed Q3 financial results and issued Q4 and FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:43 pm

IMPP

Imperial Ptrl (NASDAQ:IMPP) reported Q3 earnings of $0.19 per share, a decrease of 84.17% YoY. The company also reported sales of $29.38 million, a decrease of 31.10% YoY.

Portfolio Pulse from vinayak@benzinga.com

October 25, 2023 | 1:35 pm

CFFN

Capitol Federal Finl (NASDAQ:CFFN) reported Q4 earnings of $0.04 per share, beating the analyst consensus estimate of $0.03 by 33.33%. However, this is a 71.43% decrease from the same period last year. The company's quarterly sales were $30.73 million, missing the analyst consensus estimate of $31.95 million by 3.80%. This is a 38.40% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

October 25, 2023 | 1:31 pm

AMZN

SONY

SPOT

TCEHY

Spotify Technology S.A. (NYSE:SPOT) reported a surprise quarterly profit, its first in 18 months, and is expanding its business into audio books and podcasts, challenging Amazon.com Inc (NASDAQ:AMZN). Spotify shares closed 10% up on Tuesday. The company is also expecting quarterly profits to continue throughout the upcoming year. Sony Group Corporation (NYSE:SONY) and Tencent Holdings Limited (OTC:TCEHY) are part-owners of Spotify.

Portfolio Pulse from Upwallstreet

October 25, 2023 | 1:31 pm