Streetbeat News

Revenues

DOV

MADE

MAKX

Dover Corporation reported Q3 earnings that missed expectations, with revenue growth of 1% year-over-year, falling short of the consensus. The company lowered its 2024 outlook for adjusted EPS and revenue growth. Despite challenges in certain segments, Dover's bookings increased, and it completed the divestiture of its Environmental Solutions Group. Dover's stock is down 1.96% following the report. Investors can also gain exposure through ETFs like ProShares S&P Kensho Smart Factories ETF and iShares U.S. Manufacturing ETF.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 2:39 pm

NOC

Northrop Grumman reported mixed Q3 earnings with revenue missing estimates but earnings per share exceeding expectations. The company raised its 2024 guidance and anticipates continued growth.

Portfolio Pulse from Adam Eckert

October 24, 2024 | 2:36 pm

REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has significantly outperformed the market over the past 15 years, with an annualized return of 31.38%. A $100 investment in REGN 15 years ago would be worth $5,797.23 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:30 pm

EXLS

ExlService Holdings (NASDAQ:EXLS) has significantly outperformed the market over the past 15 years, with an average annual return of 19.45%. A $1000 investment in EXLS 15 years ago would be worth approximately $13,968.59 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:30 pm

FTXR

R

XTN

Ryder System Inc reported mixed Q3 results with sales growth but missed revenue estimates. Despite double-digit earnings growth in contractual businesses, the company faces challenges from the freight market downturn. Ryder lowered its FY24 revenue growth outlook and tightened EPS forecast. Shares fell 4.36%.

Portfolio Pulse from Lekha Gupta

October 24, 2024 | 2:17 pm

AIRS

AirSculpt Technologies shares rose after the company released preliminary Q3 revenue results and FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:11 pm

SPY

The USA new home sales for September reached 738,000, surpassing the estimated 719,000 and the previous month's 709,000. This indicates a stronger housing market than anticipated.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:04 pm

SPY

The USA New Home Sales for September increased by 4.1%, a significant improvement from the revised -2.3% in the previous month. This positive change indicates a potential boost in the housing market.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 2:04 pm

EGHT

Analysts have provided mixed ratings on 8x8 (NASDAQ:EGHT) over the past three months, with a majority being bullish. The average 12-month price target has decreased to $3.4 from a previous $4.30. Recent analyst actions include lowered price targets by B. Riley Securities, Barclays, and Needham, while Rosenblatt maintained its target. 8x8 faces challenges with declining revenue and high debt, but shows strong net margin and ROA.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:01 pm

STE

Analysts have shown a somewhat bullish sentiment towards Steris (NYSE:STE) with recent price target increases. The company's financial performance shows strong revenue growth and net margins, but challenges in ROE. Analysts' ratings and price targets provide insights into Steris's market position.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 2:00 pm