Streetbeat News

Revenues

CCL

Carnival Cruise Lines (CCL) reported strong financial results for 3Q24 with significant year-on-year growth in revenues and net income. Despite strong demand in the cruise industry, CCL faces pressure from interest payments and prioritizes debt reduction. Customer deposits are high, aiding liquidity management.

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November 08, 2024 | 4:00 am

PYCFF

Mount Logan Capital Inc. reported a significant increase in its insurance segment's Spread Related Earnings (SRE) for the third quarter of 2024, reaching $10.7 million for the trailing twelve months ended September 30, 2024.

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November 08, 2024 | 3:30 am

ABNB

Airbnb has reported a 10% growth in both revenue and gross booking value for Q3, supported by investments in customer service and the Co-Host network. The global travel market recovery is expected to further benefit Airbnb's growth, leading to a reiterated 'Strong Buy' rating with a target price of $200 per share.

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November 08, 2024 | 3:00 am

EXPE

Expedia Group is emphasizing digital engagement and personalized customer experiences to drive growth. The company's Q3 results highlight a focus on technology and customer loyalty, especially through its mobile app and One Key loyalty program.

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November 08, 2024 | 3:00 am

ENV

Envestnet (ENV) has released its Q3 earnings report, providing insights into its revenue and EPS performance for the quarter ending September 2024. The report suggests a comparison with Wall Street estimates and previous year figures.

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November 08, 2024 | 2:45 am

MQ

Levi & Korsinsky has initiated an investigation into Marqeta, Inc. for potential violations of federal securities laws after the company reduced its revenue growth forecast for Q4 2024.

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November 08, 2024 | 2:30 am

AFRM

Affirm's CEO, Max Levchin, announced that the company owns more than half of the U.S. 'buy now, pay later' (BNPL) revenue, despite having only a third of the volume. This was shared during their fiscal first quarter conference call, indicating a strong performance.

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November 08, 2024 | 2:30 am

HASI

HA Sustainable Infrastructure Capital (HASI) reported its Q3 earnings, providing insights into its revenue and EPS performance. The article suggests comparing these metrics with Wall Street estimates and year-ago figures for a comprehensive analysis.

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November 08, 2024 | 2:15 am

NXPI

NXP Semiconductors is experiencing a 5% year-over-year revenue decline in Q3 due to weakness in the industrial and IoT markets. However, the company is expanding its global manufacturing capabilities and its automotive segment, which makes up 56% of its revenue, is expected to grow by 12% annually. The stock is rated as a 'Buy' with a fair value of $265 per share.

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November 08, 2024 | 2:00 am

AMZN

Amazon's AWS segment is significantly boosting its operating profit growth, leading to a strong financial performance. The company exceeded Q3 estimates, indicating potential for a strong Q4. Despite a high profit multiple, Amazon's growth in cloud and eCommerce supports a higher valuation, with a target of $240.

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November 08, 2024 | 2:00 am