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META

Meta shares are trading higher, potentially rebounding after a drop on Thursday due to Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:45 pm

OIS

Oil States International reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:44 pm

WRK

WestRock Company (NYSE:WRK) has announced a 10% increase in its quarterly dividend to $0.3025 per share. The dividend will be paid on November 21, 2023, to stockholders of record as of November 13, 2023. The company held $314.8 million in cash and equivalents as of June 30, 2023. Westrock is set to report its Q4 FY23 earnings on November 9, 2023. Following the announcement, WRK shares are trading higher by 1.48% at $35.76.

Portfolio Pulse from Shivani Kumaresan

October 27, 2023 | 3:42 pm

AER

AerCap Holdings N.V. (NYSE:AER) reported a 7% YoY growth in Q3 FY23 total lease revenue to $1.701 billion, missing the analyst consensus of $1.89 billion. However, its adjusted EPS of $2.81 beat the analyst consensus of $2.73. The company also announced a new $500 million share repurchase program, taking total authorizations to $2.65 billion for the year. Following the announcement, AER shares are trading higher by 2.67% to $61.04.

Portfolio Pulse from Nabaparna Bhattacharya

October 27, 2023 | 3:37 pm

SKYW

SkyWest's shares are trading higher following the company's announcement of better-than-expected Q3 revenue results.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:34 pm

DXCM

DexCom, Inc. (NASDAQ:DXCM) reported strong Q3 results with a 27% YoY revenue growth to $975.0 million and increased its fiscal year revenue guidance to approximately between $3.575 and $3.6 billion. The company also announced a $500 million share buyback program. Morgan Stanley analyst Patrick Wood maintained DexCom with an Equal-Weight and raised the price target from $98 to $101. Shares of DXCM are up on heavy trading volume.

Portfolio Pulse from Erica Kollmann

October 27, 2023 | 3:33 pm

KO

A significant bearish stance has been taken on Coca-Cola (NYSE:KO) as indicated by unusual options activity. The sentiment among big-money traders is split between 45% bullish and 54% bearish. Whales have been targeting a price range from $55.0 to $59.0 for Coca-Cola over the last 3 months. The price of KO is currently down -0.34% at $55.59. Major financial institutions have maintained their positive ratings on Coca-Cola, with price targets ranging from $59 to $65.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:32 pm

NWG

NatWest Group PLC (NYSE:NWG) shares dropped by around 11% following the release of its Q3 FY23 results and the disclosure of key findings from an independent review related to the closure of accounts of former U.K. Independence Party leader, Nigel Farage. The bank admitted 'serious failings' in the decision-making process and handling of confidential information. Despite this, the company reported an increase in total income to £3.488 billion, up from £3.229 million a year ago, and a net impairment charge of £229 million. The bank also expects total income to be around £14.3 billion and NIM greater than 3% for FY23.

Portfolio Pulse from Lekha Gupta

October 27, 2023 | 3:28 pm

CUBI

Customers Bancorp reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:27 pm

ACMR

ACM Research shares are trading lower after the company announced preliminary Q3 revenue below estimates.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:26 pm