Streetbeat News

Earnings

SYF

Synchrony Financial (NYSE:SYF) is set to release its quarterly earnings on October 16, 2024, with analysts expecting an EPS of $1.79. The company's shares have risen 80.9% over the past year, and the consensus rating is Neutral with a slight potential upside. Historical performance shows that even with an EPS beat, the stock price can drop, as seen last quarter. Synchrony leads in revenue growth among peers but has a lower return on assets.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 3:00 pm

ASML

UNH

Major indexes are down due to declines in chip stocks and health insurers. Chip stocks fell after weak guidance from ASML, and health insurance stocks dropped following UNH's earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:56 pm

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) is set to release its Q3 earnings on Oct. 15, with analysts expecting a decrease in EPS from $3.65 to $3.17, but an increase in revenue from $14.44 billion to $14.78 billion. The company recently announced a major international expansion and has seen positive analyst ratings and price target increases.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 2:55 pm

ERIC

MGTX

WBA

WOLF

Walgreens Boots Alliance reported better-than-expected earnings, leading to a 12.3% stock increase. Other stocks like Wolfspeed, MeiraGTx, and Ericsson also saw gains due to positive news, including funding agreements and earnings beats.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 2:46 pm

ASML

ASML shares are experiencing a decline due to the company's soft guidance for the third quarter.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:38 pm

ASML

ASML Holding NV reported third-quarter bookings of €2.63 billion, significantly below the estimated €5.39 billion. The company also projects 2025 net sales between €30 billion and €35 billion, which is below the estimated €35.94 billion.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:35 pm

ASML

ASML Holding NV has projected its full-year net sales to be €28 billion, slightly above the estimated €27.71 billion.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:32 pm

ACI

KR

Albertsons Companies Inc (NYSE:ACI) reported a 1.43% increase in Q2 sales to $18.55 billion, surpassing expectations. Despite growth in pharmacy and digital sales, the company faces margin pressures and competitive challenges in 2024. Albertsons announced a $0.12 dividend per share. Kroger (NYSE:KR) extended its offer related to Albertsons' acquisition.

Portfolio Pulse from Akanksha Bakshi

October 15, 2024 | 2:18 pm

BJ

WMT

Walmart and BJ's Wholesale Club are expected to outperform in Q3 due to slight grocery inflation and increased demand from hurricane preparedness. Grocery inflation rose to 2% in Q3, benefiting these retailers as they rely heavily on grocery sales. Walmart's grocery comps are projected at +6.2% and BJ's at +3.8%, both exceeding expectations.

Portfolio Pulse from Surbhi Jain

October 15, 2024 | 2:10 pm

STLD

Steel Dynamics (NASDAQ:STLD) is set to release its quarterly earnings report on October 16, 2024. Analysts estimate an EPS of $2.06. Investors are keen on the company's guidance for future growth. Despite past earnings beats, share prices have sometimes declined. Analysts rate the stock as Neutral with a price target of $135.75, indicating a 4.28% upside. Steel Dynamics shows strong financial metrics compared to peers, with high gross profit and return on equity.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 2:03 pm