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ACHC

Acadia Healthcare's shares declined following disappointing Q3 revenue results and lower-than-expected FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:42 pm

MKL

Markel Group (NYSE:MKL) reported Q3 earnings per share of $66.25, significantly surpassing the analyst estimate of $21.43, marking a 2009.87% increase from last year. Sales also exceeded expectations at $4.61 billion, a 36.63% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:41 pm

COIN

Coinbase Global (NASDAQ:COIN) reported Q3 earnings with revenue and EPS missing estimates. Revenue was $1.21 billion, below the $1.26 billion expected. EPS was 28 cents, missing the 42 cents estimate. Transaction revenue fell 27% from Q2. The stock fell 3.66% in after-hours trading.

Portfolio Pulse from Chris Katje

October 30, 2024 | 8:40 pm

ETSY

Etsy, Inc. (NASDAQ:ETSY) reported mixed Q3 results with earnings per share missing estimates but revenues exceeding expectations. Despite a decline in Gross Merchandise Sales (GMS) and active buyers, Etsy shares rose 11.79% after-hours.

Portfolio Pulse from Erica Kollmann

October 30, 2024 | 8:40 pm

CGNX

Cognex reported Q3 2024 earnings per share of $0.20, surpassing the analyst estimate of $0.19. The company's sales reached $234.74 million, exceeding the expected $233.03 million and marking a 19.01% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

BA

Boeing has completed an upsized common stock offering, issuing 112.5 million shares with an option for underwriters to purchase an additional 16.875 million shares. The offering closed on October 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

CFLT

Confluent (NASDAQ:CFLT) reported Q3 2024 earnings of $0.10 per share, surpassing the $0.05 estimate, and sales of $250.199M, exceeding the $244.768M estimate. This marks a 24.99% increase in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

VTR

Ventas has provided its forecast for the fiscal year 2024 funds from operations (FFO), estimating a range of $3.14 to $3.18 per share, slightly below the consensus estimate of $3.17.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

NTGR

Netgear reported Q3 2024 earnings of $0.17 per share, significantly beating the analyst estimate of $(0.04). Sales were $182.854 million, also surpassing the $175.009 million estimate. However, both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:40 pm

MMSI

Merit Medical has updated its FY24 adjusted EPS guidance from $3.25-$3.34 to $3.33-$3.38, surpassing the previous estimate of $3.30. The net sales forecast has been slightly adjusted to $1.344B-$1.352B, aligning with the previous estimate of $1.344B.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:39 pm