Streetbeat News

Revenues

NHYDY

Norsk Hydro reported Q3 2024 earnings per share of $0.14, meeting analyst expectations. However, the company's sales of $4.770 billion fell short of the $5.164 billion estimate, despite a 11.97% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:35 am

EQNR

Equinor plans to increase its renewable power generation by 50% year-over-year in 2024, with a projected capital expenditure of $12 billion to $13 billion.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:10 am

BBJP

DXJ

EWJ

The au Jibun Bank Japan Services Purchasing Managers' Index (PMI) for October has decreased to 49.3 from 53.1 in the previous month, indicating a contraction in the services sector.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:23 am

TSLA

Elon Musk highlighted Tesla's consistent revenue growth over the years, with Q3 2024 revenue reaching $25.2 billion. Despite a slight miss on revenue expectations, Tesla reported an 8% year-over-year increase. Analyst Dan Ives remains optimistic about Tesla's delivery figures.

Portfolio Pulse from Benzinga Neuro

October 24, 2024 | 12:30 am

LMT

Lockheed Martin reported mixed Q3 results, missing revenue estimates but beating on earnings. The Missiles and Fire Control segment showed strong growth, and free cash flow exceeded expectations. However, a conservative growth outlook led to a slight stock decline. RBC Capital Markets maintained an Outperform rating but lowered the price target.

Portfolio Pulse from Erica Kollmann

October 23, 2024 | 10:51 pm

RBBN

Ribbon Communications (NASDAQ:RBBN) has revised its FY2024 sales guidance downward from $830-850 million to $818-838 million, with the estimated consensus at $834.696 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:36 pm

HLX

Helix Energy Solutions Group has adjusted its FY2024 sales guidance to a narrower range of $1.30 billion to $1.36 billion, compared to the previous range of $1.25 billion to $1.40 billion. The estimated sales are $1.346 billion.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:13 pm

HLX

Helix Energy Solutions Group reported Q3 2024 earnings per share of $0.19, surpassing the expected $0.17. However, their sales of $342.419 million fell short of the $362.418 million estimate, marking a 13.46% decline from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 10:07 pm

PTEN

Patterson-UTI Energy reported Q3 sales of $1.357 billion, surpassing the analyst estimate of $1.327 billion and marking a 34.22% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:47 pm

NEM

Newmont Corporation (NYSE:NEM) reported its Q3 results, beating revenue estimates with $4.605 billion. Despite this, shares fell 5% after-hours. The company produced 1.7 million gold ounces and expects higher Q4 production. Newmont is progressing on divestments and plans to reduce debt and repurchase shares.

Portfolio Pulse from Erica Kollmann

October 23, 2024 | 9:32 pm