HomeMost PopularLatest Company Updates as of October 18, 2024

Latest Company Updates as of October 18, 2024

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Solid Earnings Reports Lift Stock Performance for Major Companies

  • Blackstone Inc. (BX) saw a notable increase of 6.3% in its stock price, driven by its third-quarter 2024 adjusted earnings per share of $1.01, exceeding the Zacks Consensus Estimate of $0.91.
  • M&T Bank Corporation (MTB) experienced a 5% rise after announcing third-quarter 2024 adjusted earnings per share of $4.08, which surpassed the Zacks Consensus Estimate of $3.60.
  • Steel Dynamics Inc. (STLD) reported a 4% jump in its shares, attributed to its third-quarter 2024 adjusted earnings per share of $2.05, which outperformed the Zacks Consensus Estimate of $1.98.
  • Snap-on Inc. (SNA) saw its stock soar by 10% following a robust third-quarter 2024 adjusted earnings per share of $4.70, outpacing the Zacks Consensus Estimate of $4.58.

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Recently unveiled: Financial experts have selected 7 standout stocks from a pool of 220 Zacks Rank #1 Strong Buys. These stocks are positioned as “Most Likely for Early Price Pops.”

Since 1988, this list has consistently outperformed the market, achieving an average annual gain of +23.7%. Investors are encouraged to look closely at these carefully chosen stocks.

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Blackstone Inc. (BX): Free Stock Analysis Report

Steel Dynamics, Inc. (STLD): Free Stock Analysis Report

Snap-On Incorporated (SNA): Free Stock Analysis Report

M&T Bank Corporation (MTB): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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