Streetbeat News

Revenues

SWDBY

Swedbank reported Q3 2024 earnings of $0.80 per share, surpassing the $0.68 estimate, marking a 6.27% increase from last year. However, sales dropped 31.28% to $1.174 billion from $1.708 billion year-over-year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 5:13 am

AAPL

Apple CEO Tim Cook met with China's IT Minister to discuss enhancing Apple's presence and user experience in China. Despite challenges, Apple saw a 20% increase in iPhone sales in China recently. The company is working to introduce its AI technology in the country.

Portfolio Pulse from Benzinga Neuro

October 23, 2024 | 4:40 am

HITI

TLRY

The U.S. cannabis industry is seeing a shift as young women now outspend men in cannabis consumption. Companies like Tilray and High Tide are adapting by focusing on products appealing to female consumers. This trend reflects broader societal changes and presents long-term benefits for businesses.

Portfolio Pulse from Franca Quarneti

October 23, 2024 | 2:13 am

VLRS

Controladora Vuela (NYSE:VLRS) has updated its financial expectations, projecting an EBITDAR margin of 36%, up from the previous 32% to 34%. The company anticipates a 13% year-over-year growth in Available Seat Miles (ASM), slightly down from the prior 14% estimate, and plans a capital expenditure of $400 million.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 10:05 pm

EBTC

Enterprise Bancorp reported a slight increase in Q3 earnings per share (EPS) to $0.80 from $0.79 year-over-year, with sales rising to $44.16 million from $42.99 million.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:47 pm

CFB

CrossFirst Bankshares reported Q3 2024 earnings of $0.43 per share, surpassing the $0.39 estimate, and sales of $67.10M, exceeding the $65.38M estimate. This marks a significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:13 pm

BUSE

First Busey reported Q3 2024 earnings per share of $0.58, surpassing the estimate of $0.54, but sales of $118.492 million slightly missed the $119.015 million estimate. Sales increased by 8.62% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:01 pm

CAVA

Cava Group (NYSE:CAVA) has received varied analyst opinions, with a recent increase in average 12-month price targets to $116.0, up 19.51% from $97.06. Analysts have predominantly raised their ratings, reflecting positive sentiment. Cava Group's financials show strong revenue growth and net margin, though ROE lags behind industry averages.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 9:01 pm

UHS

Analysts have provided mixed ratings for Universal Health Services (NYSE:UHS) over the past three months, with a trend towards more bullish perspectives. The average 12-month price target has increased by 12.32% to $233.62. UHS has shown strong financial performance with a 10.13% revenue growth rate, a 7.4% net margin, and a debt-to-equity ratio of 0.77.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 9:00 pm

TTWO

Analysts have varied opinions on Take-Two Interactive (NASDAQ:TTWO), with 11 ratings ranging from bullish to bearish. The average 12-month price target is $191.73, slightly up from $190.56. Recent analyst actions include both upgrades and downgrades, reflecting mixed sentiments. Financially, Take-Two shows revenue growth but struggles with profitability, as indicated by a negative net margin and ROA.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 9:00 pm