O’Reilly Automotive (ORLY) disappointed investors with its third-quarter earnings report, missing both revenue and earnings estimates. The company also lowered its FY24 guidance, sending shares down slightly in after-hours trading. However, despite the miss, several analysts remain bullish on the stock, raising their price targets.
Tyler Technologies (TYL) exceeded third-quarter earnings expectations and raised its adjusted earnings per share guidance for fiscal year 2024. The company’s strong performance has spurred analysts to increase their price targets, signaling a positive outlook for the stock.
Flowserve Corp., a leading manufacturer of flow control systems, is set to release its quarterly earnings on Monday, October 28th. Analysts anticipate an EPS of $0.66, but investors should also focus on the company’s guidance for the next quarter. This article delves into Flowserve’s recent performance, analyst expectations, and peer comparisons, providing insights for investors ahead of the earnings announcement.
Fomento Economico, a leading beverage and retail conglomerate, is set to release its latest quarterly earnings report on Monday, October 28th. Analysts anticipate an EPS of $1.05, but investor focus will likely be on the company’s guidance for future growth. This article delves into Fomento Economico’s recent performance, analyzes analyst sentiment, and compares its financial metrics to industry peers, providing key insights for investors ahead of the earnings call.
Garrett Motion Inc. (GTX) saw its shares decline significantly after reporting disappointing third-quarter earnings, missing revenue expectations and lowering its full-year sales outlook. The company attributed the decline to weak light vehicle sales in Europe and China, competitive pressures, and shifts in customer vehicle platform mix. Despite the challenges, Garrett highlighted wins in new turbo vehicle verticals and progress with its electric powertrain solutions.
Avery Dennison Corporation (AVY) reported strong third-quarter earnings per share, exceeding analyst expectations. However, revenue fell short of estimates. The company also raised its full-year guidance for adjusted earnings per share.
GE Aerospace reported strong third-quarter results, exceeding analyst expectations with a 6% revenue increase and a surge in orders. The company raised its earnings and cash flow guidance for the year, citing strong demand and improving engine deliveries. Shares are trading lower premarket, despite the positive performance.
Penn Entertainment’s shares rose on Tuesday after the company announced improved guidance for its retail operations and interactive segment. The company anticipates strong third-quarter earnings, driven by enhanced product offerings and reduced promotional expenses. Analyst Bernie McTernan maintains a Buy rating on Penn Entertainment.
PepsiCo’s stock dipped after the company announced mixed third-quarter results and lowered its 2024 organic revenue guidance. Despite challenges, PepsiCo remains committed to shareholder returns, expecting strong EPS growth and significant cash returns.
H.B. Fuller Company (FUL) saw its shares drop in premarket trading after the company reported disappointing third-quarter results and lowered its full-year guidance. Revenue missed expectations, while organic revenue growth was muted due to pricing adjustments. Despite gross profit and EBITDA improvements, adjusted EPS fell short of forecasts, prompting a reduction in the company’s FY24 outlook.
