Streetbeat News

Revenues

AMID

HELX

MEDP

Medpace Holdings, Inc. (NASDAQ:MEDP) shares fell after Q3 results showed revenue below expectations and a lowered FY24 revenue forecast. Despite a rise in EBITDA and cash reserves, concerns over weak net bookings and elevated cancellations contributed to the decline. Analyst Max Smock suggests potential buying opportunities if gross bookings stabilize.

Portfolio Pulse from Lekha Gupta

October 22, 2024 | 4:07 pm

COTY

EL

FXI

ULTA

L'Oreal reports that the Chinese market has become more challenging, impacting its sales performance. This could have implications for other beauty and cosmetics companies operating in China.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:05 pm

FNKO

Funko (NASDAQ:FNKO) has been analyzed by 5 analysts, showing a range of ratings from bullish to indifferent. The average 12-month price target has increased to $11.7, with a high of $15.00 and a low of $9.00. Analysts have raised their price targets, reflecting positive sentiment. Funko's financial health is strong, with impressive revenue growth, net margin, ROE, and ROA, but a high debt-to-equity ratio indicates financial risk.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:01 pm

CRC

Analysts have mixed ratings on California Resources (NYSE:CRC), with a recent average price target increase to $64.12. Despite challenges like a 9.76% revenue decline, CRC maintains a strong market position with low debt reliance. Analysts' ratings reflect varied expectations for CRC's future performance.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:00 pm

VST

In the past three months, 10 analysts have rated Vistra (NYSE:VST), with a mix of bullish and somewhat bullish sentiments. Analysts have set a 12-month average price target of $139.5, reflecting a 16.49% increase from the previous target. Vistra's financials show a positive revenue trend but challenges in net margin and debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:00 pm

UBER

Analysts have provided mixed ratings for Uber Technologies (NYSE:UBER) over the past three months, with a majority being bullish. The average 12-month price target has increased to $90.29, indicating positive sentiment. Uber's financials show strong revenue growth and profitability, with a market capitalization above industry average.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:00 pm

T

AT&T is set to release its Q3 earnings, with expectations of EPS at 57 cents and revenue of $30.44 billion. Investors are focused on subscriber growth in the Mobility segment and broadband expansion. The company's Q2 performance showed strong subscriber additions but mixed broadband results. AT&T's dividend yield remains attractive, supported by improved free cash flow.

Portfolio Pulse from Henry Khederian

October 22, 2024 | 3:55 pm

CORZ

Core Scientific's shares rose as the company expanded its HPC hosting capacity. CoreWeave exercised its final contract option for an additional 120 MW, leading to a total contracted infrastructure of 500 MW. This expansion could generate $8.7 billion in revenue over 12 years.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 3:41 pm

FMAT

SHW

XLB

Sherwin-Williams reported Q3 results with revenue and EPS below analyst expectations, leading to a drop in share price. Despite strong sales in Paint Stores, weak consumer demand affected overall performance. The company reaffirmed its 2024 EPS guidance but expects flat to low-single-digit sales growth. Investors can also consider exposure through ETFs like XLB and FMAT.

Portfolio Pulse from Lekha Gupta

October 22, 2024 | 3:34 pm

W

Wayfair has launched a subscription membership offering free shipping and other benefits to boost repeat purchases and sales of home goods beyond furniture.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 3:21 pm