Streetbeat News

Revenues

SNV

Synovus Financial reported Q3 2024 earnings per share of $1.23, surpassing the analyst estimate of $1.08 and marking a 46.43% increase from the previous year. Sales reached $564.72 million, exceeding the $559.198 million estimate and showing a 2.62% year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:57 pm

CLSK

Cleanspark (NASDAQ:CLSK) has outperformed the market over the past 5 years with an average annual return of 18.12%, resulting in a $100 investment growing to $232.16. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

CIEN

Ciena (NYSE:CIEN) has outperformed the market over the past 10 years with an average annual return of 15.21%, resulting in a $1000 investment growing to $4,281.03. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

CELU

Celularity has acquired Rebound, a placental-derived allograft matrix product, from Sequence LifeScience. The company expects Rebound sales to significantly contribute to its biomaterial sales in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:21 pm

CIVI

Analysts have provided mixed ratings for Civitas Resources (NYSE:CIVI), with a recent average price target of $83.56, down 13.73% from the previous $96.86. The company's financial performance shows strong revenue growth but challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

RUN

Sunrun (NASDAQ:RUN) has received diverse analyst ratings over the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $23.32, with a high of $38.00 and a low of $16.50. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting changing market dynamics. Despite a decline in revenue, Sunrun shows strong net margin, ROE, and ROA, but has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

DAL

Delta Air Lines (NYSE:DAL) has outperformed the market over the past 15 years with an average annual return of 13.6%, resulting in a $1000 investment growing to $6,759.90. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

GOOGL

Alphabet (NASDAQ:GOOGL) has significantly outperformed the market over the past 5 years, with an average annual return of 21.62%. A $100 investment in GOOGL 5 years ago would now be worth $265.47, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

AR

Antero Resources (NYSE:AR) received mixed analyst ratings, with a decrease in the average 12-month price target from $35.50 to $32.93. Analysts have varied opinions, with some lowering their ratings and price targets, while others maintain or raise them. The company's financial performance shows challenges in profitability and asset utilization, with a high debt-to-equity ratio indicating potential financial strain.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm

OGS

Analysts have varied opinions on ONE Gas (NYSE:OGS), with recent ratings showing a mix of somewhat bullish and indifferent sentiments. The average 12-month price target has increased by 7.09% to $75.5. Despite revenue challenges, ONE Gas demonstrates strong profitability and effective financial management.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:00 pm