Streetbeat News

Revenues

NFLX

Netflix reported Q3 revenue of $9.727 billion, slightly below the estimated $9.82 billion. However, the company exceeded earnings per share (EPS) expectations with $5.10 compared to the estimated $4.74.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:03 pm

TOST

In the last three months, 14 analysts have published ratings on Toast (NYSE:TOST), with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish sentiments. The average 12-month price target is $27.21, reflecting a 13.0% increase from the previous average. Analysts have adjusted their ratings and price targets, with some raising their targets significantly. Toast, a restaurant technology company, has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:01 pm

AMP

Ameriprise Financial (NYSE:AMP) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.94%. A $1000 investment in AMP 5 years ago would now be worth $2,831.90. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:00 pm

MKSI

MKS Instruments (NASDAQ:MKSI) has outperformed the market over the past 15 years with an average annual return of 13.38%, resulting in a $1000 investment growing to $6,463.51. The company currently has a market capitalization of $8.95 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:00 pm

ADC

Analysts have provided mixed ratings for Agree Realty (NYSE:ADC) over the past three months, with a range of price targets and evaluations. The average 12-month price target is $64.25, reflecting a 7.08% increase from the previous target. The company has shown strong revenue growth and profitability but lags in return on equity.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:00 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 11.73%. A $100 investment in IDXX 20 years ago would be worth $939.70 today. The company's current market capitalization is $38.80 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 7:30 pm

FN

Fabrinet (NYSE:FN) has significantly outperformed the market over the past decade, delivering an average annual return of 28.3%. A $1000 investment in FN 10 years ago would now be worth $11,790.21. The company's current market capitalization is $9.14 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 7:30 pm

CURLF

IMCC

INCR

TCNNF

European cannabis companies are planning IPOs on Nasdaq, driven by potential regulatory changes in the US and Germany. Companies like Grow Group, Somai Pharmaceuticals, and Wellford Medical are eyeing Nasdaq listings. US companies Curaleaf and Trulieve could benefit from tax breaks if cannabis is rescheduled to Schedule III. IM Cannabis and InterCure are also poised for growth in the European market.

Portfolio Pulse from Nicolás Jose Rodriguez

July 18, 2024 | 7:25 pm

BPAY

CG

COF

DFS

IPAY

KKR

NNI

Discover Financial Services (DFS) reported better-than-expected Q2 EPS results, with GAAP earnings of $6.06 per share and NII of $3.524 billion. RBC Capital Markets analyst Jon G. Arfstrom expects the stock's performance to be influenced by the pending merger with Capital One Financial (COF) and strategic actions like divesting student lending. The company projects an FY24 margin of 11.1% to 11.4%, up from 10.7% to 11.0%. DFS shares are up 0.28% at $141.81.

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 7:11 pm

VETUSD

VeChain (VET) has experienced a 3.43% price drop in the past 24 hours, contrasting with its 12% gain over the past week. Trading volume has decreased by 28% over the week, and its circulating supply is at 93.39% of its max supply. VeChain's market cap is $2.46 billion, ranking it #45.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 7:03 pm