Streetbeat News

Earnings

RUSHA

Rush Enterprises reported Q3 earnings of $0.97 per share, surpassing the $0.82 estimate, and sales of $1.90 billion, exceeding the $1.84 billion estimate. Despite beating estimates, sales decreased by 4.29% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:46 pm

PDS

Precision Drilling reported Q3 earnings of $1.69 per share, missing the $1.85 estimate, and sales of $349.77M, missing the $362.83M estimate. Despite missing estimates, earnings increased by 56.48% and sales by 5.03% compared to last year.

Portfolio Pulse from totan@benzinga.com

October 29, 2024 | 9:30 pm

BRBS

Blue Ridge Bankshares reported a Q3 EPS of $0.01, a significant improvement from a loss of $2.18 per share last year. The company is also making progress in its regulatory remediation efforts.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:29 pm

QRVO

Qorvo's stock fell after reporting Q2 earnings that beat estimates but provided Q3 guidance below expectations. The company reported earnings of $1.88 per share and revenue of $1.047 billion, both above estimates. However, Q3 guidance was lower than expected, with earnings projected between $1.10 and $1.30 per share and revenue around $900 million. Qorvo's shares dropped 16% in after-hours trading.

Portfolio Pulse from Erica Kollmann

October 29, 2024 | 9:28 pm

PFS

Provident Financial Services reported Q3 earnings per share of $0.36, missing the $0.47 estimate, and sales of $183.70M, missing the $187.85M estimate. Despite the misses, sales increased by 90.89% compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:20 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares surged after reporting better-than-expected Q3 results and announcing a development agreement with a leading smartphone company. The company reported Q3 revenue of $4.32 million, surpassing estimates, and a smaller-than-expected EPS loss. Enovix also secured a 2025 launch commitment from a major smartphone OEM and expects higher Q4 revenue than anticipated.

Portfolio Pulse from Adam Eckert

October 29, 2024 | 9:19 pm

COIN

Coinbase Global (NASDAQ:COIN) is set to report its Q3 earnings with expectations of significant revenue and EPS growth, coinciding with Bitcoin trading near all-time highs. Analysts have a positive outlook, with some maintaining high price targets for the stock.

Portfolio Pulse from Chris Katje

October 29, 2024 | 9:19 pm

NGD

New Gold (AMEX:NGD) reported Q3 2024 earnings of $0.08 per share, beating estimates by 100%, and a 166.67% increase from last year. However, sales of $252M missed estimates by 0.91%, though they increased by 25.19% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:19 pm

FSLR

First Solar, Inc. (NASDAQ:FSLR) reported disappointing Q3 results, missing both earnings and revenue estimates. The company also lowered its FY24 guidance, leading to a 4.84% drop in after-hours trading.

Portfolio Pulse from Erica Kollmann

October 29, 2024 | 9:14 pm

LFUS

Littelfuse has announced its expectations for Q4 net sales to be between $510 million and $540 million, with an adjusted EPS ranging from $1.90 to $2.10.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:09 pm