Streetbeat News

Earnings

GOOG

Google exceeded Q3 expectations with $74.5 billion in net revenues and a 34% YoY increase in operating income, driven by AI and cost management. Google Cloud's 35% YoY revenue growth and improved operating margin to 17% highlight its potential as a key growth driver alongside strong advertising revenue. Alphabet's strategic integration of AI across its product portfolio enhances user experiences and opens new monetization opportunities, positioning it for continued growth.

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November 11, 2024 | 11:00 am

HD

Home Depot (HD) is preparing to release its earnings report, with previous quarters showing disappointing results as consumers prioritize essential spending over home improvement projects.

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November 11, 2024 | 11:00 am

SPNS

Sapiens International Corporation (NASDAQ: SPNS) announced its financial results for the third quarter of 2024, highlighting its performance in the insurance software solutions sector.

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November 11, 2024 | 11:00 am

DIS

The Walt Disney Co. (DIS) is set to report its fiscal 2024 earnings, with expectations of higher revenue and profits. Key focus areas include streaming profitability and the CEO succession plan.

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November 11, 2024 | 10:45 am

RPD

Rapid7's Q3 2024 earnings exceeded expectations with a 32% YoY increase in normalized EPS, leading to a rating upgrade to Buy. The company is also a potential acquisition target due to its attractive valuation.

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November 11, 2024 | 10:45 am

ECOR

electroCore (ECOR) experienced a 6.0% increase in share price with above-average trading volume. However, current earnings estimate revisions do not indicate continued strength.

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November 11, 2024 | 10:30 am

OWL

Blue Owl Capital has maintained a stable dividend payout with a base dividend of $0.37 and a supplemental dividend of $0.05, supported by strong net investment income. The company's portfolio quality has improved, with a non-accrual ratio of 0.7%. Despite potential yield compression from central bank rate cuts, its 11% dividend yield remains attractive for passive income investors.

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November 11, 2024 | 10:30 am

DNOPY

Dino Polska is showing signs of improvement with better cost management and potential growth due to inflation rebound. The company benefits from local monopolies, vertical integration, and strong reinvestment capacity. Q3 results indicate increased EBITDA margins and strong cash generation.

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November 11, 2024 | 10:30 am

BABA

Alibaba is expected to show growth in its upcoming earnings, driven by diversification into cloud and international commerce. The international segment, currently 12% of revenue, is projected to grow to 25% by 2027.

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November 11, 2024 | 10:30 am

VEEV

Veeva Systems (VEEV) experienced a 5.2% increase in its share price during the last trading session, accompanied by above-average trading volume. However, current trends in earnings estimate revisions do not indicate continued strength for the stock.

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November 11, 2024 | 10:30 am