Streetbeat News

Revenues

SWI

SolarWinds Corp (NYSE:SWI) reported strong Q3 earnings with a 6% revenue growth, beating analyst estimates. Subscription revenue surged, while maintenance and license revenues declined. The company raised its full-year forecast, leading to a stock price increase.

Portfolio Pulse from Anusuya Lahiri

October 31, 2024 | 4:31 pm

XOM

Exxon Mobil is set to release its Q3 earnings, with expectations of strong performance due to rising production and cost-cutting measures. The company has shown financial resilience, with significant production growth and strategic investments. Shareholder returns remain a focus, with substantial dividends and share repurchases planned.

Portfolio Pulse from Henry Khederian

October 31, 2024 | 4:28 pm

GEL

Genesis Energy shares declined following the announcement of a year-over-year decrease in Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 4:25 pm

SPY

USO

The U.S. Energy Information Administration (EIA) reported that U.S. oil production increased by 1.5% in August compared to July, reaching a record monthly high of 13.4 million barrels per day.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 4:14 pm

ACHC

Acadia Healthcare's shares declined following disappointing Q3 revenue results and lower-than-expected FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 4:00 pm

IAS

Integral Ad Science (IAS) is increasing the prices of its brand safety and ad verification solutions for advertisers. The price changes will take effect on November 1, and clients using Yahoo's demand-side platform have been notified.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:41 pm

APTV

Aptiv PLC reported its Q3 earnings, with adjusted EPS beating estimates but revenue falling short. The company revised its financial outlook due to reduced customer schedules and weaker automotive production. Shares fell 16.6% following the announcement.

Portfolio Pulse from Vaishali Prayag

October 31, 2024 | 3:34 pm

HII

HII's Mission Technologies division has secured a $3 billion contract to support the U.S. Department of Defense in enhancing joint force capabilities, aligning with the DOD's JADC2 strategy.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:34 pm

BAX

Baxter's North Cove manufacturing site, impacted by Hurricane Helene, has restarted its highest-throughput IV solutions line. The company is working to restore full production and ensure supply continuity, with support from various partners and regulatory bodies.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:15 pm

VRSK

Analysts have provided a range of ratings for Verisk Analytics (NASDAQ:VRSK) over the past three months, with most being somewhat bullish. The average 12-month price target has increased by 8.33% to $299.0. Verisk Analytics shows strong financial performance with high net margins and ROE, but has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 3:05 pm