Streetbeat News

Earnings

UTMD

Utah Medical Products reported Q3 earnings per share (EPS) of $1.081, down from $1.178 year-over-year (YoY). Sales also decreased to $12.51M from $12.96M YoY.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:18 pm

CMI

GOOG

GOOGL

SWK

V

On CNBC's 'Halftime Report Final Trades', several stocks were discussed. Visa Inc. reported better-than-expected Q4 results, beating analyst consensus. Cummins Inc. was downgraded by JP Morgan from Neutral to Underweight, with a lowered price target. Stanley Black & Decker, Inc. was noted for its 4.2% dividend yield. Alphabet Inc. shares fell around 9.5% following Q3 results, despite beating consensus estimates.

Portfolio Pulse from Lisa Levin

October 26, 2023 | 1:18 pm

HTLD

Heartland Express (NASDAQ:HTLD) reported Q3 losses of $(0.14) per share, missing the analyst consensus estimate of $0.08 by 275 percent. This is a 145.16 percent decrease from the same period last year. The company also reported quarterly sales of $295.03 million, missing the analyst consensus estimate of $298.88 million by 1.29 percent, but a 7.68 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:16 pm

NEM

Newmont Corp (NYSE:NEM) reported a 5% Y/Y decline in Q3 FY23 revenue to $2.49 billion, missing the consensus of $2.90 billion due to lower sales volumes. Gold production declined 13% Y/Y due to lower production at several mines. The company also revised its FY23 gold production outlook to 5.3 million ounces from 5.7 million-6.3 million ounces and increased Gold AISC to $1,400 per ounce. NEM shares are trading lower by 0.03% at $36.75 premarket.

Portfolio Pulse from Lekha Gupta

October 26, 2023 | 1:11 pm

MA

Mastercard CEO, Michael Miebach, stated in a conference call that consumer spending remains resilient despite economic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:07 pm

OSIS

OSI Systems has updated its FY24 guidance, expecting an increase in adjusted EPS of more than 27% YoY and revenue growth exceeding 18% YoY.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:07 pm

CHTR

CMCSA

EDR

NXTP

In Thursday's pre-market session, several communication services stocks saw significant movement. Gainers included NextPlay Technologies (NXTP), Endeavor Group Hldgs (EDR), Charge Enterprises (CRGE), Turkcell Iletisim (TKC), MediaCo Holding (MDIA), and NFT Gaming Co (NFTG). Losers included Blue Hat Interactive (BHAT), Kubient (KBNT), Comcast (CMCSA), Charter Communications (CHTR), Sea (SE), and LiveOne (LVO). Comcast's Q3 earnings were released today.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 1:06 pm

MXL

PI

In Thursday's pre-market session, several information technology stocks showed significant movement. Impinj, Bel Fuse, Powerbridge Technologies, Flex, Opera, and ServiceNow saw gains, with Impinj leading with a 20.8% increase. On the other hand, MaxLinear, BIO-key Intl, Argo Blockchain, Alpine 4 Holdings, Ascent Solar Technologies, and BTCS experienced losses, with MaxLinear leading the decline with a 22.0% decrease.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 1:05 pm

CFR

Cullen/Frost Bankers (NYSE:CFR) reported Q3 earnings of $2.38 per share, beating the analyst consensus estimate of $2.15 by 10.7 percent. However, this is a 8.11 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:05 pm

OSIS

OSI Systems reported Q1 adjusted EPS of $0.91, beating the estimate of $0.86. However, the company's revenue of $279.2M fell short of the estimated $280.509M.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 1:04 pm