Streetbeat News

Earnings

AMCR

Amcor (NYSE:AMCR) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $0.16. The market is hopeful for Amcor to surpass estimates and provide positive guidance, which can significantly impact stock prices. In the past, Amcor's earnings performance has led to varied stock price reactions.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 2:01 pm

TAK

Takeda Pharmaceutical (NYSE:TAK) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $0.58. Investors are keen on whether Takeda will surpass estimates and provide positive guidance, which could impact stock prices.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 2:01 pm

SHEL

Shell is set to release its quarterly earnings report on October 31, 2024, with analysts estimating an EPS of $1.75. The company's past performance shows mixed results, with a recent EPS beat leading to a share price drop. Analysts rate Shell as 'Outperform' with a potential 28.68% upside. Shell faces challenges in revenue growth and profitability compared to peers like TotalEnergies and Chevron.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 2:01 pm

MARA

MARA Holdings (NASDAQ:MARA) has seen a surge in options activity, with a significant portion of trades being bearish. The stock is currently down 4.91% and has a trading volume of 5,580,857. Analysts have mixed ratings, with price targets ranging from $21 to $27. The next earnings report is due in 12 days.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 2:00 pm

KHC

Kraft Heinz reported Q3 earnings that beat expectations but missed on revenue, leading to a drop in share price. The company anticipates a slow recovery in its US retail business and projects lower-end growth for fiscal year 2024.

Portfolio Pulse from Nabaparna Bhattacharya

October 30, 2024 | 1:56 pm

SMCI

Supermicro is set to host its Q1 Fiscal 2025 business update call on November 5, 2025, at 5:00 PM ET. A webcast replay will be available for one year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 1:55 pm

ADP

Automatic Data Processing, Inc (NASDAQ:ADP) reported strong fiscal Q1 2025 results, with revenues and EPS beating analyst estimates. The company saw a 7% increase in revenues and a 13% rise in adjusted EBIT. ADP's recent acquisition of WorkForce Software and the launch of ADP Lyric HCM are strategic moves to enhance its service offerings. The company has raised its FY25 revenue growth outlook to 6%-7%. ADP's stock has gained over 23% year-to-date.

Portfolio Pulse from Anusuya Lahiri

October 30, 2024 | 1:52 pm

GRMN

Garmin Ltd reported strong Q3 2024 earnings with a 24% revenue growth to $1.59 billion, surpassing analyst expectations. The company's EPS also exceeded estimates, leading to a stock price increase. Garmin raised its FY24 outlook, anticipating higher revenue and EPS.

Portfolio Pulse from Anusuya Lahiri

October 30, 2024 | 1:46 pm

BG

Bunge Limited (NYSE:BG) reported Q3 earnings that beat expectations, with adjusted EPS of $2.29 and sales of $12.908 billion. Despite solid performances in Agribusiness and Refined and Specialty Oils, global margin pressures led to a decline in results compared to the previous year. The company is advancing its Viterra integration and other growth priorities. Bunge's FY24 adjusted EPS outlook is at least $9.25, slightly below estimates. BG shares rose 1.20% following the report.

Portfolio Pulse from Nabaparna Bhattacharya

October 30, 2024 | 1:46 pm

UMC

United Microelectronics Corp (UMC) reported better-than-expected Q3 revenue and earnings, with a 6% year-on-year growth. Despite a decline in gross margin, UMC is optimistic about future projects and collaborations. The company expects stable demand and flat wafer shipments in Q4. UMC's stock has declined 11% YTD, with recent downgrades from Morgan Stanley and Goldman Sachs.

Portfolio Pulse from Anusuya Lahiri

October 30, 2024 | 1:42 pm