Streetbeat News

Earnings

HRI

Herc Hldgs (NYSE:HRI) reported Q3 earnings of $4.00 per share, missing the analyst consensus estimate of $4.15 by 3.61%. However, the company's quarterly sales of $908.00 million beat the analyst consensus estimate of $896.77 million by 1.25%. This represents a 16.96% increase in earnings and a 21.86% increase in sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 8:02 pm

TRST

Trustco Bank reported Q3 earnings of $0.77 per share, a decrease of 23.99% YoY. The company's quarterly sales were $46.80 million, missing the analyst consensus estimate of $47.29 million by 1.05% and marking a 10.32% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 8:02 pm

T

AT&T Inc. (NYSE:T) shares are trading lower by 2.9% to $14.94. The decrease might be due to the U.S. 10-year Treasury yield crossing 5%, which could drive a rotation out of dividend-paying stocks. Despite this, AT&T reported better-than-expected third-quarter financial results last week, with operating revenues of $30.35 billion, a 1% YoY increase, and an adjusted EPS of 64 cents.

Portfolio Pulse from Henry Khederian

October 23, 2023 | 7:27 pm

EXEL

Exelixis, Inc. (NASDAQ:EXEL) shares dropped after the company announced detailed results from its Phase 3 CABINET pivotal trial evaluating Cabozantinib in advanced neuroendocrine tumors. The results showed that Cabozantinib lowered the risk of disease progression or death in patients with pancreatic NET and in patients with extra-pancreatic NET, compared to the placebo. The company is also set to report third-quarter financial results on Nov. 1, with earnings estimated at 15 cents per share and revenue anticipated to be $472.20 million.

Portfolio Pulse from Ryan Gustafson

October 23, 2023 | 7:22 pm

BAH

Booz Allen Hamilton Holding Corporation (NYSE:BAH) resolved a legal dispute with the US government, agreeing to a $377.4 million settlement. Despite this, the company's stock reached record highs in October. The stock experienced significant volatility, with notable ups and downs, but overall, it saw a 16% increase for the year. Q2 earnings are anticipated on October 27th, projected at $1.33.

Portfolio Pulse from Zaheer Anwari

October 23, 2023 | 7:09 pm

ISRG

Intuitive Surgical's stock is trading higher, potentially rebounding after a drop last week due to mixed Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 7:06 pm

VLRS

Controladora Vuela (NYSE:VLRS) is set to release its quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an EPS of $0.22. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $5.91, down 24.79% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 7:06 pm

BUSE

First Busey (NASDAQ:BUSE) is set to release its quarterly earnings report on Tuesday, 2023-10-24, with an estimated EPS of $0.51. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. The company's shares are currently trading at $18.98, down 20.25% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 7:05 pm

NTB

Bank of N.T Butterfield (NYSE:NTB) is set to release its quarterly earnings report on Tuesday, 2023-10-24, with an estimated EPS of $1.13. The company's past performance shows a pattern of share price changes following earnings announcements. Last quarter, the company missed EPS by $0.02, resulting in a 4.05% drop in the share price. Over the last 52-week period, shares are down 23.52%.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 7:05 pm

UMBF

UMB Financial (NASDAQ:UMBF) is set to release its quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $1.77. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. However, the stock has been down 30.76% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 23, 2023 | 7:05 pm