Streetbeat News

Earnings

SYK

Stryker reported Q3 2024 earnings of $2.87 per share, surpassing the analyst estimate of $2.77. Sales reached $5.49 billion, exceeding the expected $5.37 billion and marking an 11.92% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:06 pm

EIX

Edison International (NYSE:EIX) reported strong Q3 2024 earnings, with EPS of $1.51 beating estimates by 9.42% and sales of $5.201 billion surpassing expectations by 3.84%. Sales increased by 10.61% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:06 pm

BMRN

Biomarin Pharmaceutical reported strong Q3 2024 results, with earnings per share of $0.91, significantly surpassing the expected $0.52. Sales also exceeded expectations, reaching $745.74 million, a 28.28% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

QRVO

Qorvo's CFO, Grant Brown, has indicated that the company anticipates a slight decline in both revenue and gross margin for fiscal year 2025 compared to fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

EXLS

ExlService Holdings has raised its FY2024 adjusted EPS guidance to $1.61-1.63, slightly above the analyst estimate of $1.62. The company also increased its FY2024 sales guidance to $1.82B-1.83B, aligning with the $1.82B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

AMSC

American Superconductor (NASDAQ:AMSC) is set to announce its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.04. Despite a previous EPS beat, the stock dropped 9.13% the next day. Shares are up 274.69% over the past year, with a consensus 'Buy' rating and a price target of $30.33, indicating a 25.23% upside. AMSC shows strong revenue growth but lags in profitability metrics compared to peers.

Portfolio Pulse from Benzinga Insights

October 29, 2024 | 8:04 pm

GOOG

GOOGL

Alphabet shares are trading higher following better-than-expected Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:04 pm

EXE

Expand Energy (NASDAQ:EXE) reported a significant decline in Q3 earnings and sales compared to the previous year. Earnings per share dropped by 85.32% to $0.16, and sales decreased by 57.14% to $648 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:04 pm

QRVO

Qorvo has provided guidance for Q3 with adjusted EPS expected to be between $1.10 and $1.30, significantly below the estimated $1.92. Revenue is projected at $900 million, plus or minus $25 million, also below the estimated $1.056 billion.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:03 pm

GOOG

GOOGL

Alphabet's Google Cloud revenues increased by 35%, while Google Services revenues saw a 13% rise.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:03 pm