Streetbeat News

Revenues

MPLX

MPLX LP's Q3 earnings and revenues increased year over year due to higher gathered and processed volumes and contributions from its Logistics and Storage segment. However, the results lagged estimates due to higher costs.

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November 07, 2024 | 4:15 pm

AAPL

QCOM

Qualcomm has announced strong Q4 results and a $15 billion stock repurchase authorization. However, concerns remain over Apple's potential shift to in-house 5G modems, which could impact Qualcomm's future growth. Despite potential upsides from Snapdragon 8 Elite and AI PC market growth, Apple's transition could reduce Qualcomm's revenue by 3% from FY26 to FY28.

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November 07, 2024 | 4:15 pm

MPW

Medical Properties (MPW) reported its Q3 earnings, providing insights into its revenue and EPS performance for the quarter ended September 2024. The report suggests a comparison with Wall Street estimates and year-ago figures.

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November 07, 2024 | 4:15 pm

ACAD

Acadia Pharmaceuticals reported strong third-quarter results, with earnings and revenues surpassing estimates. The growth was driven by increased sales of Nuplazid and Daybue, which showed year-over-year growth.

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November 07, 2024 | 4:15 pm

MELI

MercadoLibre's Q3 earnings report revealed strong revenue growth but lower-than-expected EPS, leading to an 8% stock drop. Despite short-term challenges, the company is fundamentally undervalued with significant long-term growth potential in e-commerce, fintech, and digital advertising in Latin America. The recent stock decline is seen as a buying opportunity.

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November 07, 2024 | 4:00 pm

QCOM

Qualcomm exceeded its Q4 fiscal 2024 earnings estimates, driven by strong revenue growth in automotive, handset, and IoT sectors.

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November 07, 2024 | 4:00 pm

NMIH

NMI Holdings reported strong Q3 earnings and revenues, surpassing estimates. The company saw growth due to higher premiums, increased net investment income, and improved persistency, enhancing its high-quality insured portfolio.

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November 07, 2024 | 4:00 pm

LWAY

Lifeway Foods, Inc. has announced an expanded distribution agreement for its kefir and farmer cheese products in the UAE, starting in Q4 2024. This move is expected to increase the availability of their products in Dubai and across the Emirates.

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November 07, 2024 | 4:00 pm

MFC

Manulife Financial's Q3 earnings exceeded expectations, driven by strong performance in its Asia business. The company reported positive net flows, higher net fee income, and increased sales volumes, although these were partially offset by lower investment spreads.

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November 07, 2024 | 4:00 pm