Streetbeat News

Earnings

HBAN

Huntington Bancshares reported Q3 adjusted earnings of $0.36 per share, beating the analyst consensus estimate of $0.32 by 12.5%. However, this is a 7.69% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 11:04 am

AXP

American Express has reported a 7% increase in total network volumes to $420.2B in Q3.

Portfolio Pulse from Bill Haddad

October 20, 2023 | 11:03 am

SXT

Sensient Technologies has revised its 2023 outlook, now expecting full year GAAP diluted earnings per share to be down low double digits YoY, compared to the previous guidance of high single digits. The company also anticipates 2023 revenue to grow at a low single-digit rate, down from the previous guidance of mid-single-digit growth. The changes are attributed to higher interest rates, a higher tax rate, and foreign exchange rates.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 11:03 am

AXP

American Express (NYSE:AXP) reported Q3 earnings of $3.30 per share, beating the analyst consensus estimate of $2.94 by 12.24%. This is a 33.6% increase from the same period last year. The company also reported quarterly sales of $15.38 billion, beating the analyst consensus estimate of $15.36 billion by 0.14%. This is a 13.46% increase from the same period last year.

Portfolio Pulse from Bill Haddad

October 20, 2023 | 11:02 am

FBP

First BanCorp (NYSE:FBP) reported Q3 adjusted earnings of $0.46 per share, beating the analyst consensus estimate of $0.38 by 21.05%. However, the company's quarterly sales of $199.73 million missed the analyst consensus estimate of $204.81 million by 2.48%.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 11:01 am

SXT

Sensient Technologies (NYSE:SXT) reported Q3 earnings of $0.75 per share, in line with analyst consensus. However, this is a 11.76% decrease from the same period last year. The company's quarterly sales of $363.80 million missed the analyst consensus estimate of $371.80 million by 2.15%, but it's a 0.75% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:57 am

CTM

Castellum has announced that it is well positioned to execute on its 2024 budget starting from January. The company projects $50M in revenue and $3.5M in recurring cash operating profit for 2024, which is below the consensus estimate of $57.9M.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:54 am

SLB

SLB (NYSE:SLB) reported Q3 earnings of $0.78 per share, beating the analyst consensus estimate of $0.77 by 1.3 percent. This is a 23.81 percent increase over earnings of $0.63 per share from the same period last year. However, the company's quarterly sales of $8.31 billion missed the analyst consensus estimate of $8.33 billion by 0.24 percent, but still represents an 11.14 percent increase over sales of $7.48 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:51 am

TSLA

Following Tesla Inc.'s disappointing Q3 results, CEO Elon Musk has been engaging in video games and online exchanges on social media platform X. Tesla's Q3 earnings and revenue significantly missed Wall Street's expectations, leading to a more than 5% decline in the stock during after-hours trading. Despite this, Musk appears unfazed and has been discussing his interest in various video games.

Portfolio Pulse from Ananya Gairola

October 20, 2023 | 10:46 am

CMA

Comerica (NYSE:CMA) reported Q3 earnings of $1.84 per share, a 29.23% decrease from the same period last year. However, the company's quarterly sales of $896.00 million beat the analyst consensus estimate of $878.71 million by 1.97%, despite being a 9.04% decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:42 am