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Revenues

SPY

The Challenger Job Cuts report for October shows a decrease to 55,597 from 72,821 in the previous month, indicating a potential improvement in the job market.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:30 am

CSIQ

Recurrent Energy, a subsidiary of Canadian Solar, has successfully commenced operations of a 134 MW solar project. This development highlights Canadian Solar's ongoing expansion and success in renewable energy projects.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:30 am

OPAL

OPAL Fuels has announced the commencement of commercial operations for its Renewable Natural Gas (RNG) project in Polk County, Florida. This development marks a significant milestone for the company in expanding its RNG production capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:30 am

GOOGL

META

MSFT

U.S. markets closed lower due to declines in chip stocks, despite positive earnings from Microsoft, Meta, and Alphabet. U.S. GDP growth was slightly below expectations, but private payrolls exceeded forecasts. Crude oil prices rose on optimism about U.S. fuel demand, while the U.S. dollar softened.

Portfolio Pulse from Akanksha Bakshi

October 31, 2024 | 11:26 am

LAUR

Laureate Education has reiterated its FY24 revenue guidance to be between $1.551 billion and $1.566 billion, slightly below the $1.56 billion estimate. The company expects a 5% growth in total enrollments and revenue, with adjusted EBITDA projected to grow by 7%-8%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:21 am

HII

HII has adjusted its FY24 financial outlook, lowering shipbuilding revenue expectations to approximately $8.8B and raising Mission Technologies revenue to $2.8B-$2.85B. The company also revised its operating margins and free cash flow projections.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:20 am

DFH

Dream Finders Homes reported Q3 2024 earnings that missed estimates, with GAAP EPS at $0.70 versus the expected $0.84, and sales at $1.01 billion versus the expected $1.07 billion. Despite a 10% increase in homebuilding revenues and a 5% increase in home closings, the company's gross margin and net income decreased compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:18 am

LAUR

Laureate Education reported its Q3 2024 financial results, with GAAP EPS of $0.56 and sales of $368.6 million, both surpassing analyst estimates. The sales exceeded the expected $361.8 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:18 am

SXC

SunCoke Energy reported Q3 earnings per share of $0.36, significantly beating the analyst estimate of $0.22. Sales were $490.10 million, also surpassing the expected $409.95 million. Despite the earnings beat, sales decreased by 5.82% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:18 am

OTSKY

Otsuka Holdings reported a significant increase in Q3 earnings and sales, with EPS rising 36.84% to $0.52 and sales increasing 13.43% to $4.17 billion compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:15 am