Streetbeat News

Revenues

CORZ

Core Scientific has expanded its high-performance computing (HPC) hosting capacity as CoreWeave exercises its final contract option for an additional 120 MW. This brings the total contracted infrastructure to 500 MW, potentially boosting revenue to $8.7 billion over 12 years.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:16 pm

ABCL

Abacus Life has announced preliminary Q3 total revenue between $26M and $28M, which is below the estimated $29.256M.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:16 pm

TWST

XOMA

Twist Bioscience has entered into a royalty purchase agreement with XOMA Corporation. XOMA will provide Twist with a $15 million upfront payment in exchange for the right to receive half of future potential milestones earned under Twist's antibody discovery and biopharma services collaborations.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:13 pm

FCX

Freeport-McMoRan reported Q3 2024 earnings per share of $0.38, surpassing the analyst estimate of $0.35. The company's sales reached $6.79 billion, exceeding the expected $6.47 billion and marking a 16.59% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:04 pm

NSC

Norfolk Southern reported its Q3 2024 adjusted EPS at $3.25, surpassing the estimated $3.11. The company's railway operating revenues reached $3.1 billion.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:02 pm

PENN

Analysts have mixed opinions on PENN Entertainment, with recent ratings showing a slight increase in the average 12-month price target. The company's financial performance shows challenges, including a decline in revenue and below-average profitability metrics.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:01 pm

IPAR

Analysts have varied ratings for Interparfums (NASDAQ:IPAR), with a mix of bullish and bearish sentiments. The average 12-month price target is $170.6, with a high of $192.00 and a low of $163.00. The company's financials show a positive revenue trend and strong financial health, with a notable net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:01 pm

COHR

Coherent (NYSE:COHR) has received diverse analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased by 18.72% to $86.18. Analysts have raised their price targets, reflecting positive sentiment towards Coherent's market position and financial performance. The company has shown strong revenue growth and financial metrics, although it faces challenges in debt management.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:01 pm

PTC

PTC (NASDAQ:PTC) has received mixed analyst ratings, with a recent trend towards more bullish perspectives. Analysts have set a 12-month average price target of $201, reflecting a 2.2% increase from the previous target. Despite challenges in revenue growth and return on equity, PTC maintains a strong net margin.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:01 pm

ROAD

Analysts have varied opinions on Construction Partners (NASDAQ:ROAD), with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 15.32% to $71.5. Analysts have raised their price targets, reflecting positive market dynamics and company performance. Despite challenges in debt management, Construction Partners shows strong revenue growth and financial health.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 12:00 pm