Streetbeat News

Revenues

AAPL

Apple shares are experiencing an uptick due to a report showing a 20% increase in iPhone 16 sales in China during the first three weeks.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 1:06 pm

HES

Analysts have varied opinions on Hess (NYSE:HES), with recent ratings showing a mix of bullish, indifferent, and bearish sentiments. The average 12-month price target has decreased by 4.94% to $165.0. Hess has shown strong financial performance with significant revenue growth and profitability, but its high debt-to-equity ratio raises concerns.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 1:01 pm

FTAI

FTAI Aviation (NASDAQ:FTAI) has received 15 analyst ratings in the last three months, with a majority being bullish. Analysts have raised their 12-month price targets, reflecting a positive outlook. Despite strong revenue growth, FTAI faces challenges with profitability and financial performance metrics.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 1:01 pm

CORT

Corcept Therapeutics (NASDAQ:CORT) has received a range of analyst ratings over the past three months, with a majority being bullish. Analysts have raised their 12-month price targets significantly, indicating positive sentiment. The company has shown strong revenue growth and net margins, but its return on equity is below industry standards.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 1:01 pm

CLPS

CLPS reported a significant decrease in earnings per share and a slight decline in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:57 pm

HTCR

HeartCore Enterprises has announced its preliminary Q3 revenue, which is expected to be between $17 million and $19 million. This provides an insight into the company's financial performance for the quarter.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:32 pm

SPY

The US housing starts for September were reported at 1.354 million, slightly above the estimated 1.35 million. This indicates a marginally stronger housing market than anticipated.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:30 pm

SPY

The USA housing starts for September were reported at 1.354 million, slightly above the estimated 1.350 million but below the prior month's 1.361 million.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:30 pm

FSTA

IYK

PG

Procter & Gamble (PG) reported mixed Q1 results with EPS beating estimates but sales slightly missing expectations. Organic sales grew by 2%, driven by higher pricing and volume. The company reaffirmed its FY25 guidance and continues to focus on its growth strategy. PG shares are trading lower, down 0.81% premarket.

Portfolio Pulse from Lekha Gupta

October 18, 2024 | 12:24 pm

KVYO

Analysts have provided a range of ratings for Klaviyo (NYSE:KVYO) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased by 14.85% to $37.9. Klaviyo has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 12:02 pm