Streetbeat News

Revenues

IMKTA

Ingles Markets shares are trading higher following updates on the financial impact of inventory and property losses from Hurricane Helene.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:27 pm

TXG

10x Genomics shares declined after the company reported mixed Q3 financial results and lowered its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:26 pm

OMCL

Omnicell shares rise as the company reports better-than-expected Q3 results and raises FY24 and Q4 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:22 pm

ATRC

Atricure shares rose following strong Q3 results and positive FY24 revenue guidance. Needham maintained a Buy rating and increased the price target from $34 to $40.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:18 pm

HESM

Hess Midstream reported Q3 2024 earnings of $0.63 per share, surpassing the consensus estimate of $0.61. Sales reached $378.5 million, also beating the estimate of $376.983 million. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:17 pm

SPY

The ADP Nonfarm Employment Change for October reported an increase of 233,000 jobs, significantly surpassing the estimated 110,000. This indicates a stronger-than-expected job market.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:15 pm

GOOG

GOOGL

RDDT

Reddit Inc. (NYSE:RDDT) saw a 21.56% surge in pre-market trading after reporting better-than-expected Q3 financial results. The company reported earnings of 16 cents per share and revenue of $348.4 million, surpassing analyst expectations. Most revenue came from advertising, with additional income from data licensing deals with Alphabet Inc. and OpenAI.

Portfolio Pulse from Benzinga Neuro

October 30, 2024 | 12:15 pm

FLEX

Flex has revised its FY25 revenue outlook to $24.9B-$25.5B from $25.4B-$26.4B, which is below the $25.78B estimate. Adjusted EPS is now expected to be $2.39-$2.51, slightly above the $2.41 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:13 pm

GTES

Gates Industrial Corp (NYSE:GTES) has raised its FY2024 adjusted EPS guidance to $1.33-1.37, surpassing the analyst estimate of $1.31. The company also narrowed its FY2024 sales outlook to $3.44 billion-$3.47 billion, slightly above the $3.41 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:11 pm

FLEX

Flex has announced its Q3 revenue guidance of $6.0B-$6.4B, which is below the $6.5B estimate. However, the company expects adjusted EPS to be between $0.60-$0.66, surpassing the $0.56 estimate.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:10 pm