Streetbeat News

Revenues

HIW

Highwoods Properties reported Q3 2024 earnings per share of $0.90, surpassing the consensus estimate of $0.88. However, their sales of $204.323 million fell short of the expected $204.919 million, marking a 1.34% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:12 pm

EWBC

East West Bancorp reported Q3 2024 earnings per share of $2.09, surpassing the analyst estimate of $2.06. The company's sales were $572.722 million, exceeding the expected $561.257 million. This marks a slight increase from the previous year's sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:11 pm

GDX

Gold mining stocks, tracked by the VanEck Gold Miners ETF (GDX), have reached their highest levels since August 2020, driven by strong investor demand and record-high gold prices. Analyst Imaru Casanova suggests adding gold exposure due to geopolitical and economic risks, and highlights the profitability and low valuations of gold miners.

Portfolio Pulse from Piero Cingari

October 22, 2024 | 8:11 pm

ADC

Agree Realty (NYSE:ADC) reported Q3 2024 earnings of $1.03 per share, surpassing the consensus estimate of $1.02. Sales reached $154.33 million, exceeding the expected $150.81 million and marking a 12.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:11 pm

VICR

Vicor (NASDAQ:VICR) reported Q3 earnings of $0.26 per share, surpassing the $0.14 estimate, despite a year-over-year decrease. Sales were $93.17M, beating the $85.23M estimate but also down from last year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:11 pm

SBUX

Starbucks shares are trading lower following a year-over-year decline in Q4 revenue and same-store sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:10 pm

SBUX

Starbucks reported a 2% decline in global comparable store sales for FY24, while consolidated net revenue increased by 1%. The company's non-GAAP EPS was $3.31.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:10 pm

SBUX

SPY

Starbucks reported a 7% decline in global comparable store sales for Q4, with consolidated net revenues down 3% to $9.1 billion. The non-GAAP EPS was $0.80.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:08 pm

STX

Seagate Technology Holdings has announced its Q2 2024 adjusted EPS guidance of $1.85 ± $0.20, surpassing the estimated $1.48. The company also projects revenue of $2.30 billion ± $150 million, exceeding the estimated $2.134 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:07 pm

HAFC

Hanmi Financial reported Q3 2024 earnings per share of $0.49, slightly beating the estimate of $0.48. However, sales were $58.489 million, missing the $58.984 million estimate and showing an 11.49% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:07 pm