Streetbeat News

Earnings

ABT

Abbott Laboratories (NYSE:ABT) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $1.10. The company's past performance shows a pattern of beating EPS estimates, which has sometimes led to an increase in share price. However, the stock has been down 6.06% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

TRV

Travelers Companies (NYSE:TRV) is set to release its latest quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $2.93. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $167.65, down 3.28% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

USB

U.S. Bancorp (NYSE:USB) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $1.04. The company's past performance shows a mixed trend of EPS estimates and actuals, with the share price reacting accordingly. The stock is currently trading at $32.62, down 20.09% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

ELV

Elevance Health (NYSE:ELV) is set to release its latest quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $8.45. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has seen a 4.95% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:01 pm

MS

Morgan Stanley (NYSE:MS) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $1.27. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock was trading at $78.73 as of October 16, with a 1.25% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:00 pm

PG

Procter & Gamble (NYSE:PG) is set to release its latest quarterly earnings report on Wednesday, 2023-10-18. Analysts estimate an earnings per share (EPS) of $1.71. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $146.07, up 13.41% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:00 pm

ASML

ASML Holding (NASDAQ:ASML) is set to release its quarterly earnings report on Wednesday, 2023-10-18, with an estimated EPS of $5.00. Last quarter, the company beat EPS by $0.20, which was followed by a 5.54% drop in the share price. Shares of ASML Holding were trading at $603.8 as of October 16, with a 52-week increase of 38.88%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 2:00 pm

ACI

Albertsons Companies Inc (NYSE:ACI) reported Q2 FY23 sales growth of 2% YoY to $18.29 billion, slightly above the analyst consensus estimate. The growth was driven by a 2.9% increase in identical sales, a 19% increase in digital sales, and retail price inflation. However, the gross margin rate contracted 30 basis points to 27.6% due to strong growth in pharmacy operations and increases in shrink. The company's Board declared a cash dividend for Q3 of fiscal 2023 of $0.12 per share. ACI shares are trading lower by 0.22% at $22.45.

Portfolio Pulse from Shivani Kumaresan

October 17, 2023 | 1:59 pm

MAIN

Main Street Capital Corp (NYSE:MAIN) has disclosed its Q3 2023 preliminary results, expecting net investment income per share to be $0.98 to $1.00 and distributable net investment income per share to be $1.03 to $1.05. The company's net asset value per share is estimated to be $28.30 to $28.36, an increase of 2.2% to 2.4% from June 30. The company anticipates an annualized return on equity of 17% to 18% for Q3 2023. MAIN shares are trading higher by 0.23% at $40.50 premarket.

Portfolio Pulse from Lekha Gupta

October 17, 2023 | 1:42 pm

MCD

McDonald's Corp (MCD) is facing a PR crisis due to its Israeli franchisees providing free meals to the Israeli Defense Forces, leading to calls for a boycott. This controversy comes as the company's stock has dropped 16% since July 2023, with 5.31% of that decline happening this month. The Q3 earnings release is scheduled for October 30, with projections at $3.00 per share.

Portfolio Pulse from Zaheer Anwari

October 17, 2023 | 1:37 pm