Streetbeat News

Revenues

DRLL

XLE

XOM

Exxon Mobil Corporation reported its Q3 earnings, highlighting $11.3 billion in cost savings, a 5% increase in production, and a 4% dividend hike. Despite missing revenue expectations, Exxon beat EPS estimates. The company plans further cost savings and continues its offshore exploration efforts.

Portfolio Pulse from Lekha Gupta

November 01, 2024 | 12:24 pm

IMO

Imperial Oil reported Q3 2024 earnings per share of C$2.33, beating the estimate of C$2.00, but sales of C$13.259 billion missed the C$15.636 billion estimate. EPS decreased by 15.58% from last year, and sales decreased by 4.75%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:21 pm

EOSE

TEAM

TOVX

Theriva Biologics, Atlassian, and Eos Energy Enterprises see stock price increases due to positive developments. Theriva Biologics is a finalist for Merck KGaA's grant, Atlassian reports strong Q1 results and guidance, and Eos Energy achieves performance milestones unlocking additional funding.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:20 pm

LI

NIO

XPEV

Li Auto, XPeng, and Nio, U.S.-listed Chinese EV startups, reported their October delivery numbers. Li Auto led with 51,443 vehicles, a 27.3% YoY increase. XPeng delivered 23,917 vehicles, a 20% YoY rise, while Nio delivered 20,976 vehicles, a 30.5% YoY increase.

Portfolio Pulse from Anan Ashraf

November 01, 2024 | 12:20 pm

BFLY

Butterfly Network shares rose after the company reported Q3 financial results that exceeded expectations and provided FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:14 pm

TTDKY

TDK projects its fiscal year 2025 sales to reach JPY 2120 billion (approximately $14.422 billion) with a net profit of JPY 160 billion.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:08 pm

MOG/A

Moog Inc. has released its financial guidance for FY 2025, projecting EPS of $8.20 +/- $0.20, slightly below the $8.28 estimate, and revenue of $3.7 billion, also below the $3.73 billion estimate. The company expects an operating margin of 13.0% and a significant increase in free cash flow conversion to 50-75%.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:07 pm

OXLC

Oxford Lane Capital reported a decrease in quarterly earnings per share from $0.41 to $0.32, a 21.95% drop year-over-year. However, sales increased by 41.26% from $74.40 million to $105.10 million.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:06 pm

KDDIY

KDDI projects its FY2024 GAAP EPS to be JPY 340.01 ($2.28) and anticipates sales of JPY 5770 billion ($38.763 billion).

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:04 pm

ROLL

RBC Bearings projects Q3 2025 net sales between $390M and $400M, slightly above last year's $373.9M, indicating a growth rate of 4.3% to 7.0%. The gross margin is expected to be 42.50% to 43.50%, with SG&A expenses at 17.00% to 17.50% of net sales.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:03 pm