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General Electric (NYSE:GE) Reports Bullish Q3 But Stock Drops
Industrial conglomerate General Electric (NYSE:GE) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 5.8% year on year to $9.84 billion. Its non-GAAP profit of $1.15 per share was also 1.3% above analysts’ consensus estimates.
GATX (NYSE:GATX) Delivers Strong Q3 Numbers
Leasing services company GATX (NYSE:GATX) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 12.6% year on year to $405.4 million. Its non-GAAP profit of $2.50 per share was also 27.9% above analysts’ consensus estimates.
Norfolk Southern Corporation (NYSE:NSC) Reports Sales Below Analyst Estimates In Q3 Earnings
Freight transportation company Norfolk Southern (NYSE:NSC) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 2.7% year on year to $3.05 billion. Its GAAP profit of $4.85 per share was 53.5% above analysts’ consensus estimates.
PACCAR’s (NASDAQ:PCAR) Q3 Sales Beat Estimates
Trucking company PACCAR (NASDAQ:PCAR) announced better-than-expected revenue in Q3 CY2024, but sales fell 6.4% year on year to $7.70 billion. Its GAAP profit of $1.85 per share was also 1.9% above analysts’ consensus estimates.
Genuine Parts’s (NYSE:GPC) Q3 Earnings Results: Revenue In Line With Expectations But Stock Drops
Auto and industrial parts retailer Genuine Parts (NYSE:GPC) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 2.5% year on year to $5.97 billion. Its non-GAAP profit of $1.88 per share was 22.5% below analysts’ consensus estimates.
Lockheed Martin (NYSE:LMT) Misses Q3 Revenue Estimates
Security and Aerospace company Lockheed Martin (NYSE:LMT) fell short of the market’s revenue expectations in Q3 CY2024 as sales only rose 1.3% year on year to $17.1 billion. On the other hand, the company’s full-year revenue guidance of $71.25 billion at the midpoint came in 269,452,076,194% above analysts’ estimates. Its GAAP profit of $6.80 per share was 5% above analysts’ consensus estimates.
Verizon (NYSE:VZ) Posts Q3 Sales In Line With Estimates
Telecommunications giant Verizon (NYSE:VZ) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $33.3 billion. Its non-GAAP profit of $1.19 per share wasalso in line with analysts’ consensus estimates.
Denny's (NASDAQ:DENN) Reports Sales Below Analyst Estimates In Q3 Earnings
Diner restaurant chain Denny’s (NASDAQ:DENN) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 2.1% year on year to $111.8 million. Its non-GAAP profit of $0.14 per share was also 8.8% below analysts’ consensus estimates.
Sherwin-Williams (NYSE:SHW) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops
Paint and coating manufacturer Sherwin-Williams (NYSE:SHW) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $6.16 billion. Its non-GAAP profit of $3.37 per share was 4.8% below analysts’ consensus estimates.
RTX’s (NYSE:RTX) Q3: Beats On Revenue, Guides For Strong Full-Year Sales
Aerospace and defense company Raytheon (NYSE:RTX) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 6% year on year to $20.09 billion. The company’s full-year revenue guidance of $79.5 billion at the midpoint also came in 2,165,191,884,924% above analysts’ estimates. Its non-GAAP profit of $1.45 per share was also 8.3% above analysts’ consensus estimates.