Streetbeat News

Revenues

FOSL

Fossil Group's Q3 2024 results show a narrower year-over-year loss and improved margins, attributed to cost-cutting and strategic shifts under its TAG Plan. However, the company experienced a 16.4% revenue decline due to weaker demand.

Portfolio Pulse from

November 08, 2024 | 8:00 pm

COUR

Levi & Korsinsky has initiated an investigation into Coursera, Inc. for potential violations of federal securities laws following its 1Q 2024 financial results, which missed revenue estimates and led to a lowered full-year guidance.

Portfolio Pulse from

November 08, 2024 | 7:45 pm

AMZN

ASML

IWM

Dryden Pence anticipates double-digit growth for markets under a Trump administration, with the Russell 2000 expected to benefit significantly.

Portfolio Pulse from

November 08, 2024 | 7:45 pm

TOL

Toll Brothers is expected to benefit from recent zoning regulation changes. The company's land-light strategy enhances margins and allows for riskier land investments. Home deliveries increased by 11% YoY in Q3 2024.

Portfolio Pulse from

November 08, 2024 | 7:30 pm

DKNG

DraftKings reported a 39% increase in revenue to $1.1 billion for the third quarter, driven by the return of the NFL season. The company is focusing on expanding into new markets while managing customer acquisition costs.

Portfolio Pulse from

November 08, 2024 | 7:30 pm

RNR

RenaissanceRe (RNR) reported strong Q3 earnings, driven by premium growth and higher yields from its fixed maturity portfolio, despite facing increased claims costs.

Portfolio Pulse from

November 08, 2024 | 7:15 pm

PLNT

Planet Fitness (PLNT) reported strong Q3 2024 earnings and revenues, driven by new club openings and increased royalty revenues. The company has also raised its outlook for 2024.

Portfolio Pulse from

November 08, 2024 | 7:00 pm

EXPE

Expedia's Q3 2024 earnings surpassed estimates, driven by growth in B2B and advertising revenues.

Portfolio Pulse from

November 08, 2024 | 7:00 pm

TSLA

Tesla's market cap reached $1 trillion following a 25% stock surge, driven by optimism that the Trump administration might favor Tesla over its EV competitors.

Portfolio Pulse from

November 08, 2024 | 7:00 pm

MDU

MDU Resources reported better-than-expected third-quarter earnings and increased its 2024 regulated energy delivery earnings forecast.

Portfolio Pulse from

November 08, 2024 | 7:00 pm