Streetbeat News

Revenues

EPWK

UPWK

EPWK Holdings Inc. has increased its IPO fundraising target by about a third, planning to raise up to $16.5 million by offering 2.75 million shares at a lower price range of $4 to $6. This move comes as U.S.-listed China stocks rally, and EPWK aims to capitalize on the growing gig economy in China. Despite stable revenue, the company faces challenges with negative cash flow and declining gross profit margins.

Portfolio Pulse from The Bamboo Works

October 31, 2024 | 10:24 am

BBVA

BBVA reported Q3 2024 earnings of $0.48 per share, surpassing the analyst estimate of $0.44. This marks a 33.33% increase from the previous year. Sales also rose by 10.62% to $9.580 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:23 am

ABEV

Ambev reported Q3 2024 earnings per share of $0.04, meeting analyst expectations. However, sales were $3.983 billion, missing the $4.082 billion estimate and showing a 4.3% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:20 am

BYDDF

BYDDY

TSLA

BYD Co Ltd surpassed Tesla in quarterly revenue for the first time since 2022, reporting $28.25 billion compared to Tesla's $25.18 billion. Despite this, Tesla remains ahead in net profit and BEV sales.

Portfolio Pulse from Anan Ashraf

October 31, 2024 | 10:17 am

AVNT

Avient (NYSE:AVNT) reported Q3 2024 earnings per share of $0.65, surpassing the analyst estimate of $0.63. The company's sales reached $815.2 million, exceeding the expected $797.48 million and marking an 8.16% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:17 am

CIO

City Office REIT reported Q3 2024 earnings per share of $0.27, missing the consensus estimate of $0.28. However, sales of $42.371 million slightly exceeded expectations. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:17 am

DSNKY

Daiichi Sankyo Co has raised its FY2024 GAAP EPS guidance from $0.44 to $0.80 and its sales outlook from $10.55 billion to $12.29 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:16 am

AMKBY

A. P. Moller Maersk reported Q3 earnings per share of $0.97, missing the $0.99 estimate, but sales of $15.76 billion beat the $15.66 billion estimate. EPS increased by 525.81% and sales by 29.95% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:15 am

LICY

Li-Cycle has secured a 100% off-take agreement with Glencore for its mixed hydroxide precipitate (MHP) production at the Rochester Hub. The agreement supports the finalization of financing documentation for a U.S. Department of Energy loan.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:11 am

CCO

Clear Channel has revised its Q3 revenue guidance to $628M-$653M, below the $656.19M estimate. The FY24 revenue guidance is adjusted to $2.222B-$2.247B, compared to the $2.252B estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:10 am