Streetbeat News

Earnings

PWR

Quanta Services reported Q3 2024 earnings per share of $2.72, surpassing the analyst estimate of $2.69, marking a 21.43% increase from last year. However, sales were $6.49 billion, missing the $6.57 billion estimate, though up 15.51% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:56 am

UBER

Uber Technologies reported Q3 sales of $11.200 billion, surpassing the analyst consensus estimate of $10.978 billion by 2.03%. This marks a 20.53% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:56 am

H

Hyatt Hotels reported a Q3 2024 adjusted EPS of $0.94, which is below the estimated $1.38.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:56 am

SYRS

Syros Pharmaceuticals reported a Q3 2024 GAAP EPS of $(0.16), significantly beating the analyst estimate of $(0.72). This marks an 88.81% improvement from the previous year's loss of $(1.43) per share. The company holds $60.4M in cash and equivalents.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:55 am

GVA

Granite Construction has reaffirmed its 2024 revenue outlook at $3.9B-$4.0B, slightly below the $4.012B estimate. The company expects an adjusted EBITDA margin of 10%-11%, with SG&A expenses rising due to increased incentive compensation.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:54 am

KTB

Kontoor Brands (NYSE:KTB) reported Q3 2024 earnings per share of $1.37, surpassing the analyst estimate of $1.26. The company's sales were $670.194 million, also beating the estimate of $663.537 million. This represents a significant improvement over the previous year's sales of $654.540 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:54 am

ATEC

CVNA

ROOT

Carvana Co. (NYSE:CVNA) shares surged over 20% in pre-market trading after reporting better-than-expected Q3 financial results, with revenue and earnings per share surpassing analyst estimates. Other notable pre-market movers include Root, Inc. (NASDAQ:ROOT) and Alphatec Holdings, Inc. (NASDAQ:ATEC), both rising significantly due to strong quarterly results.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 10:52 am

KIM

Kimco Realty has raised its FY24 FFO guidance from $1.60-$1.62 to $1.64-$1.65, surpassing the $1.62 estimate. The company also increased its net income outlook from $0.44-$0.46 to $0.50-$0.51.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am

GVA

Granite Construction reported Q3 2024 earnings of $2.05 per share, missing the analyst estimate of $2.47. Sales were $1.276 billion, slightly below the $1.287 billion estimate. Despite missing estimates, both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am

FLWS

1-800-flowers.com shares are trading higher after the company reported better-than-expected Q1 earnings, even though it missed on revenue.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:52 am