Streetbeat News

Earnings

NKLA

Nikola reported a Q3 2024 adjusted EPS of $(2.75), missing the $(2.35) estimate, and sales of $25.181M, missing the $37.230M estimate. Despite the misses, sales increased by 1.55K% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:07 pm

ROOT

Root shares increased following the release of their Q3 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:05 pm

MBLY

Mobileye Global Inc (NASDAQ: MBLY) reported a fiscal Q3 2024 revenue decline of 8% to $486 million, beating estimates. Adjusted EPS of $0.10 also surpassed expectations. Despite a $2.7 billion impairment charge, the stock rose 8.62% premarket. The company revised its FY24 revenue outlook slightly upwards.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 1:04 pm

NVNO

enVVeno Medical reported a Q3 EPS of $(0.35), missing the consensus estimate of $(0.33) by 6.06%. Despite the miss, this represents a 22.22% improvement from the $(0.45) loss per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:03 pm

CWT

California Water Services Group (NYSE:CWT) reported Q3 2024 earnings per share of $1.03, missing the consensus estimate of $1.09. However, the company exceeded sales expectations with $299.563 million, a 17.49% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:03 pm

ALK

Alaska Air Group has revised its fiscal year 2024 adjusted earnings per share (EPS) guidance to a range of $3.50 to $4.50, compared to the previous estimate of $4.38.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:58 pm

ALK

Alaska Air Group has revised its Q4 earnings estimate to $0.20-$0.40, which is below the previous estimate of $0.63.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:58 pm

ALK

Alaska Air Group reported Q3 2024 earnings per share of $2.25, surpassing the analyst estimate of $2.17. The company's sales reached $3.072 billion, exceeding the expected $2.986 billion and marking an 8.21% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:56 pm

PTON

Peloton's Q1 revenue from Connected Fitness Products decreased by 12% year-over-year, attributed to lower hardware demand, as discussed in their conference call.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:53 pm

CMCSA

Comcast reported that its revenue from the Olympics was primarily driven by a record $1.4 billion in advertising revenue, as discussed in a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:52 pm