Streetbeat News

Earnings

NDAQ

Nasdaq (NDAQ) reported Q3 earnings of $0.71 per share, beating the analyst consensus estimate of $0.67 by 5.97%. This is a 4.41% increase over earnings of $0.68 per share from the same period last year. The company also reported quarterly sales of $940.00 million, beating the analyst consensus estimate of $928.83 million by 1.20%. This is a 5.62% increase over sales of $890.00 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 11:01 am

TRV

Travelers Companies reported Q3 core income per share of $1.95. The company's net written premiums were $10.493 billion, marking a 14% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:59 am

PG

P&G has reiterated its FY24 adjusted EPS guidance of $6.25 - $6.43, which is in line with the $6.38 estimate. The company expects a revenue growth of 2% - 4% year over year. Despite an incremental $600 million after-tax foreign exchange headwind, P&G maintains its EPS range and outlook for organic sales growth of 4% - 5%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:58 am

PG

Procter & Gamble (NYSE:PG) reported Q1 earnings of $1.83 per share, beating the analyst consensus estimate of $1.71 by 7.02%. This is a 16.56% increase from the same period last year. The company also reported quarterly sales of $21.87 billion, beating the analyst consensus estimate of $21.67 billion by 0.94%. This is a 6.11% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:56 am

USB

U.S. Bancorp reported Q3 earnings of $1.05 per share, beating the analyst consensus estimate of $1.04 by 0.96 percent. However, this is a decrease of 11.02 percent from the same period last year. The company's quarterly sales were $7.00 billion, missing the analyst consensus estimate of $7.01 billion by 0.14 percent, but showing an increase of 11.18 percent from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:49 am

FHN

First Horizon (NYSE:FHN) reported Q3 adjusted earnings of $0.27 per share, beating the analyst consensus estimate of $0.25 by 8%. However, this is a 38.64% decrease from the same period last year. The company's quarterly sales were $778.00 million, missing the analyst consensus estimate of $801.16 million by 2.89%, and marking an 11.09% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:44 am

CFG

Citizens Financial Group's shares are trading lower after the company reported a miss on its Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:41 am

UAL

United Airlines reported Q3 results and issued guidance, stating that Q4 EPS could be as low as $1.50 if Tel Aviv flight suspensions last through year end. This news led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:40 am

ASML

ASML Holding reported mixed Q3 earnings, leading to a drop in its share price. The company anticipates 2024 to be a transition year and is adopting a more conservative outlook.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 10:39 am

VLVLY

Volvo AB reported Q3 FY23 sales growth of 15% Y/Y and 9% Y/Y (adjusted for currency) to SEK 132.4 billion ($12.24 billion). Net sales in the truck business rose 13% Y/Y to SEK 89.9 billion. Order intake of new trucks declined by 27% Y/Y, while deliveries increased by 4% Y/Y. The adjusted operating income for the quarter jumped 61% Y/Y to SEK 19.114 billion, and the adjusted operating margin expanded to 14.4% from 10.3% a year ago. EPS of SEK 6.93 in the quarter increased from SEK 4.24 last year.

Portfolio Pulse from Lekha Gupta

October 18, 2023 | 10:39 am