Streetbeat News

Revenues

TRC

Tejon Ranch Co. is facing financial challenges with declining revenue, high P/E ratio, and legal issues, making it a 'Sell.' The company's real estate projects are stalled due to environmental lawsuits, leading to increased debt and operational losses.

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November 07, 2024 | 5:30 pm

RYN

Rayonier's Q3 earnings and revenues missed estimates, primarily due to lower contributions from its New Zealand Timber segment.

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November 07, 2024 | 5:30 pm

GILD

Gilead Sciences reported better-than-expected Q3 earnings and sales, driven by strong performance in HIV, Veklury, oncology, and liver disease drug sales. The company has raised its annual outlook, leading to an increase in its stock price.

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November 07, 2024 | 5:30 pm

WBD

Warner Bros. Discovery, Inc. (WBD) held its Q3 2024 earnings call, discussing financial performance and strategic initiatives. Key executives, including CEO David Zaslav and CFO Gunnar Wiedenfels, participated, along with analysts from major financial institutions.

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November 07, 2024 | 5:30 pm

MCK

McKesson's Q2 fiscal 2025 results exceeded expectations, driven by growth in the U.S. Pharmaceutical segment, while Medical Surgical Solutions faced challenges due to reduced COVID-related sales.

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November 07, 2024 | 5:30 pm

APP

AppLovin's stock reached a new all-time high due to its promising path for sustaining profitable growth.

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November 07, 2024 | 5:30 pm

XRAY

DENTSPLY SIRONA reported strong Q3 earnings and revenue, surpassing estimates, driven by growth in the Essential Dental Solutions segment. However, the company revised its 2024 guidance downward, raising concerns.

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November 07, 2024 | 5:30 pm

NSANY

Nissan is cutting 9,000 jobs and its CEO is reducing his own pay due to a slump in US sales. This highlights the company's ongoing struggles since the 2018 ouster of former chairman Carlos Ghosn.

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November 07, 2024 | 5:30 pm

AMPL

Amplitude, a leader in product analytics, is currently undervalued with significant upside potential. The company's market cap has dropped significantly, but it is poised for growth with a simplified user experience and expanding enterprise penetration. Revenue growth and net revenue retention (NRR) are expected to re-accelerate in 2025.

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November 07, 2024 | 5:30 pm

IVV

MTCH

Match Group, the parent company of Tinder, is the worst performer in the S&P 500 today due to disappointing fourth-quarter revenue estimates and a decline in Tinder users.

Portfolio Pulse from

November 07, 2024 | 5:15 pm