Global Payments (GPN) is set to release its quarterly earnings on October 30th, and analysts are expecting strong results. This article provides a comprehensive overview of what investors should keep in mind before the announcement, including historical performance, analyst expectations, and a comparison to industry peers.
Results for: Financial
Hercules Capital, a leading specialty finance company, is set to release its quarterly earnings on Wednesday, October 30th. Analysts anticipate an earnings per share (EPS) of $0.51, but investors are eagerly awaiting guidance for the next quarter, which can significantly impact stock prices. This article delves into the company’s earnings history, analyst expectations, and a comparison with key competitors, providing investors with a comprehensive overview ahead of the earnings release.
Federated Hermes (FHI) reported strong third-quarter earnings, exceeding analysts’ expectations on earnings per share but falling slightly short on revenue. The company’s record assets under management, driven by growth in money market and fixed-income products, fueled the positive results. Analysts reacted positively to the earnings, with TD Cowen upgrading FHI to a Buy rating and RBC Capital raising their price target.
M&T Bank Corporation (MTB) is set to release its third-quarter earnings results before the market opens on Thursday, October 17th. Analysts anticipate a decline in earnings per share compared to the previous year, but revenue is expected to remain stable. This article provides insights into analyst expectations, recent rating changes, and key factors to watch for during the earnings call.
Charles Schwab Corporation (SCHW) shares surged in premarket trading after the company delivered impressive third-quarter results. Revenue topped analyst expectations, driven by strong growth in asset management fees and active brokerage accounts. The company also reported a record high in total client assets, showcasing continued investor confidence.
Citigroup is set to release its third-quarter earnings on Tuesday, October 15th. While analysts predict a decline in earnings compared to last year, several analysts remain bullish on the stock, with price targets ranging from $67 to $92. The recent partnership with Mastercard for cross-border payments could be a positive indicator for the future.
MicroStrategy CEO Michael Saylor envisions a future where the company becomes a leading Bitcoin bank, amassing billions in Bitcoin holdings and leveraging its unique approach to banking. Saylor believes Bitcoin is a hedge against inflation and a long-term value preservation tool, and his plans for MicroStrategy’s Bitcoin banking strategy involve borrowing rather than lending, making it a unique player in the crypto space.
Wells Fargo is set to release its third-quarter earnings on Friday, October 11th. While analysts predict a decline in earnings compared to last year, recent analyst ratings and price target adjustments offer insights into the bank’s future prospects. This article analyzes recent analyst actions and highlights key factors influencing Wells Fargo’s performance.
The Bank of New York Mellon Corporation (BK) is gearing up to announce its third-quarter 2024 earnings on October 11th. While analysts anticipate year-over-year growth in both revenue and earnings, key factors like net interest revenues and expenses will be closely watched.
CNBC’s ‘Halftime Report’ featured expert insights on top stock picks, including The Financial Select Sector SPDR Fund (XLF), Owens Corning (OC), Synovus Financial Corp. (SNV), and Diamondback Energy (FANG). These selections offer a diverse range of opportunities, reflecting positive outlooks on the financial, energy, and construction sectors.