Streetbeat News

Earnings

TPH

Tri Pointe Homes (TPH) reported Q3 net new home orders of 1,513, marking a 122% increase year-over-year. The company's active selling communities also increased by 23%.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:11 am

ALGN

ANET

DKNG

GGR

LAAC

MAT

META

MXL

PSTG

TSLA

Several US stocks traded lower in Thursday's pre-market session. Align Technology, MaxLinear, Mattel, Pure Storage, Gogoro, Arista Networks, DraftKings, Lithium Americas, Meta Platforms, and Tesla all recorded losses. This was largely due to worse-than-expected Q3 results and downgraded ratings.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 10:10 am

LIN

Linde has projected its Q4 adjusted EPS to be between $3.38 and $3.48.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:10 am

TPH

Tri Pointe Homes (NYSE:TPH) reported Q3 earnings of $0.76 per share, beating the analyst consensus estimate of $0.57 by 33.33%. However, this is a 47.59% decrease from the same period last year. The company also reported quarterly sales of $825.29 million, beating the analyst consensus estimate of $758.92 million by 8.75%, but this is a 21.92% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:09 am

THRM

Gentherm has reduced its FY23 revenue guidance from $1.45B - $1.55B to $1.45B - $1.47B, which is below the estimated $1.5B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:09 am

HON

Honeywell has revised its FY23 outlook, now expecting revenue of $36.8B - $37.1B, down from the previous estimate of $36.7B - $37.3B. The company also adjusted its EPS forecast to $9.10 - $9.20, slightly lower than the previous range of $9.05 - $9.25.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:09 am

ESCA

Escalade (NASDAQ:ESCA) reported Q3 earnings of $0.31 per share, a 40.91% increase YoY. However, sales decreased by 2.06% to $73.36M compared to $74.90M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:09 am

PCG

PG&E has reaffirmed its 2023 Non-GAAP Core EPS guidance of $1.19-$1.23.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:09 am

LIN

Linde has increased its full-year 2023 adjusted EPS guidance from $13.80-$14.00 to $14.00-$14.10.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:08 am

PCG

PG&E Corporation reported Q3 Non-GAAP Core EPS of $0.24, lower than the estimated $0.27. However, total operating revenues were higher than expected at $5.888B compared to the estimated $5.479B.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:08 am