Streetbeat News

Earnings

SKFRY

SKF reported Q3 adjusted EPS of $0.39, beating the $0.35 estimate, but sales of $2.27B missed the $2.44B estimate. EPS decreased by 7.14% from last year, and sales decreased by 4.61%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:28 am

UBS

UBS anticipates a mid-single-digit decline in Q4 net interest income for Global Wealth Management and a low single-digit drop in Personal & Corporate Banking. The macroeconomic outlook remains uncertain due to geopolitical conflicts and upcoming US elections. Integration-related expenses are expected to be around USD 1.2bn.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:19 am

UBS

UBS Group reported Q3 2024 earnings of $0.43 per share, significantly beating the analyst estimate of $0.22. Sales also surpassed expectations, reaching $12.334 billion against the $11.132 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:12 am

CAT

MCD

META

MSFT

PFE

SBUX

The Nasdaq Composite reached a record high ahead of major tech earnings, while the CNN Money Fear and Greed index remained in the 'Greed' zone. Pfizer and McDonald's reported better-than-expected Q3 earnings. Investors are anticipating earnings from Meta, Microsoft, Caterpillar, and Starbucks.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 6:11 am

SDZNY

Sandoz has raised its 2024 net sales growth guidance to high-single digits in constant currency, driven by strong biosimilars and generics demand. The company maintains its core EBITDA margin guidance at approximately 20%.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:07 am

CAT

GOOG

GOOGL

META

MSFT

V

U.S. stock futures are mixed with key earnings reports from Meta, Alphabet, Microsoft, Visa, and Caterpillar. Meta is expected to report strong earnings, Alphabet exceeded expectations, Microsoft is anticipated to post solid results, Visa reported better-than-expected earnings, and Caterpillar is set to announce its earnings.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 6:03 am

FVRR

Fiverr has released its Q4 revenue guidance, expecting between $100.2M and $102.2M, slightly above the consensus of $100.641M. The company also anticipates adjusted EBITDA between $19.5M and $21.5M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:11 am

FVRR

Fiverr has raised its 2024 financial outlook, projecting higher revenue and adjusted EBITDA than previously expected. The company now anticipates 2024 revenue between $388M-$390M, up from $383M-$387M, and adjusted EBITDA of $73M-$75M, up from $69M-$73M.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:09 am

FVRR

Fiverr International (NYSE:FVRR) reported Q3 2024 earnings of $0.64 per share, surpassing the analyst estimate of $0.59. Sales reached $99.628 million, exceeding the expected $96.416 million. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:02 am

GOOG

GOOGL

Alphabet Inc. announced that YouTube, acquired for $1.65 billion in 2006, has generated $50 billion in revenue over the past year. This success is attributed to its expansion into premium services and living room entertainment, competing with traditional TV and streaming services. Alphabet's strong quarterly performance exceeded Wall Street expectations, with a 15% revenue increase year-over-year.

Portfolio Pulse from Kaustubh Bagalkote

October 30, 2024 | 3:53 am