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VALE

Vale (NYSE:VALE) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.62. The company's previous quarter saw a miss in EPS by $0.37, resulting in a 3.72% drop in share price. Vale's shares were trading at $12.84 as of October 24, with a 52-week return of -3.29%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:01 pm

TTE

TotalEnergies (NYSE:TTE) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $2.57. The company's stock performance has been generally positive, with shares up 20.81% over the last 52-week period. Last quarter, the company missed EPS by $0.23, which was followed by a 1.25% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:01 pm

UPS

United Parcel Service (NYSE:UPS) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $1.52. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $149.32, down 11.14% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

LIN

Linde (NYSE:LIN) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $3.57. Last quarter, the company beat EPS by $0.10, resulting in a 1.06% increase in the share price the next day. Shares of Linde were trading at $367.26 as of October 24, with a 52-week increase of 25.35%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

DOW

Dow's (NYSE:DOW) short percent of float has risen 5.62% since its last report, with 11.87 million shares sold short, which is 1.69% of all regular shares available for trading. It would take traders 2.75 days to cover their short positions on average. Dow's peer group average for short interest as a percentage of float is 5.18%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

COF

Capital One Financial's (NYSE:COF) short percent of float has risen 10.68% since its last report, with 8.62 million shares sold short, which is 2.28% of all regular shares available for trading. It would take traders 3.82 days to cover their short positions on average. The company's short interest is less than its peer group average of 7.57%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

SYY

Sysco's (NYSE:SYY) short percent of float has fallen 14.81% since its last report, indicating a more bullish sentiment towards the stock. The company has 6.98 million shares sold short, which is 1.38% of all regular shares available for trading. Compared to its peers, Sysco has less short interest, with the peer group average at 3.75%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

ASPA

BTAI

MSFT

RSLS

SFR

SONN

VICR

US stocks traded lower with the Nasdaq Composite falling 1.5%. Microsoft Corporation posted stronger-than-expected results for its fiscal first quarter. Abri SPAC I, Inc., ReShape Lifesciences Inc., and BioXcel Therapeutics, Inc. saw their shares rise. Meanwhile, Sonnet BioTherapeutics Holdings, Inc., Appreciate Holdings, Inc., and Vicor Corporation saw their shares drop.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 1:57 pm

ODFL

Old Dominion Freight Line Inc (NASDAQ:ODFL) reported a Q3 FY23 revenue decline of 5.5% Y/Y to $1.515 billion, marginally missing the consensus of $1.52 billion. This was due to a 6.9% Y/Y decrease in LTL tons per day, partially offset by a 3.1% Y/Y increase in LTL revenue per hundredweight. EPS of $3.09 beat the consensus of $2.92. The company now expects aggregate capital expenditure of approximately $720 million for 2023. ODFL shares are trading lower by 1.15% at $381.48.

Portfolio Pulse from Lekha Gupta

October 25, 2023 | 1:44 pm

IEF

MCD

WYNN

On CNBC's 'Halftime Report Final Trades', Josh Brown of Ritholtz Wealth Management recommended iShares 7-10 Year Treasury Bond ETF (IEF). Jim Lebenthal of Cerity Partners picked Wynn Resorts (WYNN), anticipating a good report in the coming weeks. HSBC initiated coverage on WYNN with a Buy rating and a $111 price target. Stephanie Link of Hightower recommended McDonald's (MCD), which is down 14% from its highs. Barclays maintained McDonald's with an Overweight and lowered the price target from $345 to $315. McDonald's also increased its quarterly cash dividend by 10%.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 1:44 pm