Streetbeat News

Revenues

VNT

Vontier reported its Q3 2024 financial results, with adjusted EPS of $0.73 beating the estimate of $0.69, and sales of $750 million surpassing the expected $728.342 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:32 am

ETN

Eaton Corp reported Q3 2024 earnings per share of $2.84, surpassing the analyst estimate of $2.80, marking a 14.98% increase from last year. However, sales of $6.345 billion fell short of the $6.374 billion estimate, despite a 7.91% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:31 am

DINO

HF Sinclair reported Q3 2024 earnings per share of $0.51, surpassing the analyst estimate of $0.32. The company's sales were $7.207 billion, exceeding the expected $6.833 billion, despite a 19.07% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:31 am

BAND

Bandwidth (NASDAQ:BAND) reported Q3 2024 earnings of $0.43 per share, surpassing the $0.32 estimate, and sales of $194M, exceeding the $181.992M estimate. This marks a 27.62% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:30 am

LI

Li Auto reported a 23.6% increase in Q3 revenue, surpassing analyst expectations. Despite beating earnings estimates, the stock fell due to a lower-than-expected Q4 revenue outlook. Li Auto achieved a milestone of one million vehicle deliveries and expects Q4 deliveries to rise significantly. The stock has dropped 23% year-to-date amid economic challenges.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 10:28 am

EPWK

UPWK

EPWK Holdings Inc. has increased its IPO fundraising target by about a third, planning to raise up to $16.5 million by offering 2.75 million shares at a lower price range of $4 to $6. This move comes as U.S.-listed China stocks rally, and EPWK aims to capitalize on the growing gig economy in China. Despite stable revenue, the company faces challenges with negative cash flow and declining gross profit margins.

Portfolio Pulse from The Bamboo Works

October 31, 2024 | 10:24 am

BBVA

BBVA reported Q3 2024 earnings of $0.48 per share, surpassing the analyst estimate of $0.44. This marks a 33.33% increase from the previous year. Sales also rose by 10.62% to $9.580 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:23 am

ABEV

Ambev reported Q3 2024 earnings per share of $0.04, meeting analyst expectations. However, sales were $3.983 billion, missing the $4.082 billion estimate and showing a 4.3% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:20 am

BYDDF

BYDDY

TSLA

BYD Co Ltd surpassed Tesla in quarterly revenue for the first time since 2022, reporting $28.25 billion compared to Tesla's $25.18 billion. Despite this, Tesla remains ahead in net profit and BEV sales.

Portfolio Pulse from Anan Ashraf

October 31, 2024 | 10:17 am

AVNT

Avient (NYSE:AVNT) reported Q3 2024 earnings per share of $0.65, surpassing the analyst estimate of $0.63. The company's sales reached $815.2 million, exceeding the expected $797.48 million and marking an 8.16% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:17 am