Streetbeat News

Revenues

SHAK

Shake Shack's stock rose after reporting better-than-expected Q3 earnings, with a 14.7% revenue increase and strategic expansion plans. The company beat EPS estimates and showed strong sales growth, despite an operating loss due to impairments.

Portfolio Pulse from Nabaparna Bhattacharya

October 30, 2024 | 3:19 pm

UBER

Uber Technologies Inc is set to release its Q3 earnings report, with investors keen to see if it can maintain its growth momentum. In Q2, Uber reported a 16% revenue increase, surpassing expectations. For Q3, Uber projects Gross Bookings between $40.25 billion and $41.75 billion, with an expected adjusted EBITDA of $1.58 billion to $1.68 billion. Analysts forecast revenue of $10.93 billion and an EPS of 35 cents. Uber's workforce has grown to 7.4 million active drivers and couriers, supporting its strategy to enhance driver earnings.

Portfolio Pulse from Henry Khederian

October 30, 2024 | 3:11 pm

CRM

The article provides an analysis of Salesforce's performance compared to its peers in the software industry. It highlights Salesforce's potential undervaluation based on its P/E, P/B, and P/S ratios, but notes concerns about its lower ROE and revenue growth compared to industry averages. Salesforce's strong EBITDA and gross profit are positive indicators, and its low debt-to-equity ratio suggests a favorable financial position.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

UNH

The article provides a comprehensive analysis of UnitedHealth Group (UNH) compared to its competitors in the Health Care Providers & Services industry. It highlights UNH's high valuation metrics, strong profitability, and operational efficiency, but notes its lower revenue growth and higher debt-to-equity ratio, indicating potential financial risk.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market over the past 5 years, with an annualized return of 45.53%. A $1000 investment in ELF 5 years ago would now be worth $6,355.96, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

AVGO

The article provides a comprehensive analysis of Broadcom (NASDAQ:AVGO) in the Semiconductors & Semiconductor Equipment industry, comparing it to major competitors. Broadcom's high P/E, P/B, and P/S ratios suggest overvaluation, while its low ROE, EBITDA, and gross profit indicate lower profitability. However, its strong revenue growth is a positive indicator.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

SNPS

Synopsys (NASDAQ:SNPS) has significantly outperformed the market over the past 5 years, with an average annual return of 31.47%. A $100 investment in SNPS 5 years ago would now be worth $392.41. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 3:00 pm

OTIS

Otis Worldwide Corporation's shares are declining after reporting Q3 2024 results that missed expectations and lowering its annual outlook. Despite a slight increase in EPS and sales, the company faces challenges in equipment sales, particularly in China.

Portfolio Pulse from Dylan Berman

October 30, 2024 | 2:51 pm

SHEL

Shell PLC (NYSE:SHEL) is set to release its Q3 earnings, with analysts expecting EPS of $1.66 and revenue of $61.343 billion. Despite previous revenue growth, Shell faces challenges with production declines and market volatility. The company's financial health remains strong, with robust cash flow and a solid balance sheet. Investors will watch for potential rebounds in marketing sales and operational efficiencies.

Portfolio Pulse from Henry Khederian

October 30, 2024 | 2:46 pm