Streetbeat News

Earnings

LI

Li Auto shares declined despite reporting better-than-expected Q3 results due to a disappointing Q4 revenue outlook.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:46 am

BUD

Anheuser-Busch InBev's shares declined following a Q3 sales miss, even though the company exceeded EPS estimates.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:44 am

IDXX

IDEXX Laboratories has narrowed its 2024 adjusted EPS outlook to $10.37-$10.53, maintaining a consistent midpoint compared to prior guidance. This is supported by solid operating margin performance and benefits from lower projected interest expense and effective tax rate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:44 am

ETR

Entergy's Q3 2024 earnings per share beat estimates, but sales fell short. EPS was $2.99, slightly above the $2.97 estimate, but down from $3.27 last year. Sales were $3.389 billion, missing the $3.663 billion estimate and down from $3.596 billion last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:43 am

DASH

DoorDash shares are trading higher following the release of their Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:43 am

ETR

Entergy has raised its FY24 adjusted EPS guidance to $7.15-$7.35 and announced a two-for-one stock split. The stock split will be effective for shareholders on December 5, 2024, with trading on a split-adjusted basis starting December 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:41 am

VNT

Vontier Corp anticipates Q4 2024 revenue of $770 million, slightly above estimates, with adjusted EPS in line with expectations. Core sales are expected to grow by 1.5%, but the adjusted operating profit margin is projected to decrease by 20 basis points year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:40 am

MRK

Merck has revised its 2024 adjusted EPS guidance to $7.72-$7.77, down from the previous $7.94-$8.04, due to a $0.24/share negative impact from business transactions with Curon Biopharmaceutical and Daiichi Sankyo.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:40 am

BAND

Bandwidth has revised its Q4 revenue guidance to $198M-$208M, surpassing the previous estimate of $189.67M. The company also projects FY24 revenue to be between $737M and $747M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

VNT

Vontier Corp has updated its FY24 outlook, projecting sales between $2.955B and $2.985B, slightly narrowing its previous range. The company expects adjusted EPS to be between $2.86 and $2.92, with a flat operating profit margin year-over-year. Q4 sales are expected to be around $770 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am