Streetbeat News

Revenues

SSTK

Shutterstock has announced its revenue guidance for the fiscal year 2024, projecting revenues between $935 million and $940 million, which is slightly above the market estimate of $930.7 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:05 am

OPRA

Opera's Q3 2024 financial results exceeded expectations with adjusted EPADS of $0.26, surpassing the estimate of $0.25, and sales reaching $123.210 million, beating the expected $120.428 million.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:05 am

SSTK

Shutterstock reported Q3 2024 earnings per share of $1.31, surpassing the analyst estimate of $1.13. The company's sales reached $250.6 million, exceeding the expected $240.8 million and marking a 7.44% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:05 am

JBLU

JetBlue aims to return to operating profitability, expecting a Q4 revenue decline of 3-7%. Despite challenges like Hurricane Milton and the election, the company remains optimistic about future revenue growth, especially with upcoming JetForward initiatives.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:05 am

INCY

Incyte has updated its 2024 financial guidance, slightly increasing its expected net product revenue for Jakafi to $2.74B-$2.77B from the previous $2.71B-$2.75B. Other hematology/oncology revenues are expected to decrease, while costs and expenses remain largely unchanged.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:03 am

PYPL

PayPal's Q3 total payment volume increased by 9% to $422.6 billion, indicating strong growth in its transaction business.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:03 am

AMT

American Tower's Q3 2024 earnings and sales missed analyst estimates. Earnings per share were $2.52, below the $2.58 estimate, and sales were $2.52 billion, missing the $2.76 billion estimate. Despite the miss, earnings per share increased by 2.86% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:03 am

MAS

Masco reported Q3 2024 earnings per share of $1.08, meeting analyst expectations. However, its sales of $1.983 billion slightly missed the $1.997 billion estimate, marking a 0.20% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:03 am

MCD

McDonald's reported flat systemwide sales for Q3 2024, indicating no growth compared to the previous period. This could suggest challenges in increasing customer traffic or sales per customer.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:01 am

MCD

McDonald's reported Q3 2024 earnings per share of $3.23, surpassing the analyst estimate of $3.20. The company's sales reached $6.900 billion, exceeding the expected $6.819 billion and marking a 3.11% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 11:00 am