Streetbeat News

Revenues

FBIZ

First Business Financial Services reported Q3 2024 earnings per share of $1.24, surpassing the analyst estimate of $1.19. However, their sales of $38.071 million fell short of the expected $38.775 million, despite a 2.82% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:35 pm

SKX

Skechers USA shares rose following the release of strong Q3 financial results, surpassing expectations. The company also increased its FY23 EPS guidance and FY24 revenue guidance, both above estimates.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:35 pm

GVA

Granite Construction has been awarded a $21 million contract by the California Department of Transportation for a pavement rehabilitation project. This contract is a significant addition to Granite's portfolio, potentially boosting its revenue and market position.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:34 pm

AMZN

BBY

TGT

WMT

XRT

US consumers plan to spend $2,100 on holiday shopping in 2024, a 7% increase from 2023. Despite this, retail stocks historically underperform during the holiday season, with better gains seen in early months of the following year. The SPDR S&P Retail ETF (XRT) and companies like Amazon (AMZN), Walmart (WMT), Target (TGT), and Best Buy (BBY) are affected by this trend.

Portfolio Pulse from Piero Cingari

October 24, 2024 | 8:34 pm

SHBI

Shore Bancshares reported Q3 earnings per share of $0.34, missing the $0.35 estimate, but sales of $43.34M beat the $42.66M estimate. EPS increased 240% year-over-year, while sales decreased by 5.16%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:32 pm

GBCI

Glacier Bancorp reported Q3 2024 earnings per share of $0.45, surpassing the analyst estimate of $0.41. However, their sales of $180.231 million fell short of the expected $186.939 million, despite a 7.89% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:31 pm

COUR

Coursera's shares are declining as the company has issued Q4 revenue guidance below estimates and reduced its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:31 pm

TROX

Tronox Holdings reported a Q3 2024 adjusted EPS of $(0.13), missing the $0.16 estimate, but sales of $804M beat the $790.656M estimate. Sales increased by 21.45% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:31 pm

FFBC

First Financial Bancor reported Q3 2024 earnings per share of $0.67, slightly beating the estimate of $0.66. However, sales were $201.261 million, missing the $214.275 million estimate and showing a 5.10% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:31 pm

APPF

AppFolio has increased its FY2024 sales guidance from $772.00M-778.00M to $786.00M-790.00M, surpassing the estimated $778.840M.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:31 pm