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Selective Insurance: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

BRANCHVILLE, N.J. (AP) — BRANCHVILLE, N.J. (AP) — Selective Insurance Group Inc. (SIGI) on Wednesday reported third-quarter earnings of $89.2 million.The Branchville, New Jersey-based company said it had profit of $1.42 per share. Earnings, adjusted for one-time gains and costs, came to $1.51 per share.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.The insurance holding company posted revenue of $1.08 billion in the period. Its adjusted revenue was $1.09 billion, exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.07 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIGI at https://www.zacks.com/ap/SIGISource

Browns QB Deshaun Watson back at practice from shoulder injury, starter for Cardinals game unclear

Published Mon, 16 Dec 2024 11:28:25 GMT

BEREA, Ohio (AP) — Cleveland quarterback Deshaun Watson returned to practice Wednesday after playing only 12 snaps in the past four games with an injured right shoulder that has become a daily topic of conversation for the Browns and their fans.It’s a significant step for Watson, who didn’t practice at all last week because of the injury, which he sustained on Sept. 24 against Tennessee. It was his best game in 10 starts since being acquired by the Browns in 2022.Before his team practiced inside, coach Kevin Stefanski said Watson would be limited as the Browns (4-3) began preparing on the field for the Arizona Cardinals (1-7), who have their own quarterback carousel.Watson has been out with a strained rotator cuff, and the Browns are exercising caution with an injury that initially was downplayed but has developed into something that could alter their season.Stefanski said he wanted to see how Watson looked while throwing before deciding on a starter for Sunday. If Watson does...

DHI Group: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — DHI Group Inc. (DHX) on Wednesday reported net income of $1 million in its third quarter.The Centennial, Colorado-based company said it had net income of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.The provider of websites and career fairs for professionals posted revenue of $37.4 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $38.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHX at https://www.zacks.com/ap/DHXSource

Texas Pacific: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

DALLAS (AP) — DALLAS (AP) — Texas Pacific Land Corporation (TPL) on Wednesday reported earnings of $105.6 million in its third quarter.The Dallas-based company said it had profit of $13.74 per share.The landowner posted revenue of $158 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPL at https://www.zacks.com/ap/TPLSource

Innoviva: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

BURLINGAME, Calif. (AP) — BURLINGAME, Calif. (AP) — Innoviva Inc. (INVA) on Wednesday reported earnings of $82 million in its third quarter.The Burlingame, California-based company said it had profit of 98 cents per share.The biopharmaceutical company posted revenue of $67.3 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INVA at https://www.zacks.com/ap/INVASource

OPENLANE: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

CARMEL, Ind. (AP) — CARMEL, Ind. (AP) — OPENLANE, Inc. (KAR) on Wednesday reported third-quarter earnings of $12.7 million.On a per-share basis, the Carmel, Indiana-based company said it had net income of 1 cent. Earnings, adjusted for amortization costs and pretax expenses, came to 18 cents per share.The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.The used and salvaged vehicle auctioneer posted revenue of $416.3 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $409.3 million.OPENLANE expects full-year earnings in the range of 60 cents to 70 cents per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KAR at https://www.zacks.com/ap/KARSource

Park-Ohio: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

CLEVELAND (AP) — CLEVELAND (AP) — Park-Ohio Holdings Corp. (PKOH) on Wednesday reported profit of $11.1 million in its third quarter.On a per-share basis, the Cleveland-based company said it had net income of 88 cents. Earnings, adjusted to account for discontinued operations, were 99 cents per share.The industrial supply-chain logistics company posted revenue of $418.8 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PKOH at https://www.zacks.com/ap/PKOHSource

Coca-Cola Bottling: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Coca-Cola Bottling Co. (COKE) on Wednesday reported net income of $92.1 million in its third quarter.On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $9.80. Earnings, adjusted for non-recurring costs, came to $17.53 per share.The Coca-Cola bottler posted revenue of $1.71 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COKE at https://www.zacks.com/ap/COKESource

Zillow: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

SEATTLE (AP) — SEATTLE (AP) — Zillow Group Inc. (ZG) on Wednesday reported a loss of $28 million in its third quarter.The Seattle-based company said it had a loss of 12 cents per share. Earnings, adjusted for stock option expense and asset impairment costs, were 33 cents per share.The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.The online real estate marketplace posted revenue of $496 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $484.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZG at https://www.zacks.com/ap/ZGSource

Watts Water: Q3 Earnings Snapshot

Published Mon, 16 Dec 2024 11:28:25 GMT

NORTH ANDOVER, Mass. (AP) — NORTH ANDOVER, Mass. (AP) — Watts Water Technologies Inc. (WTS) on Wednesday reported third-quarter net income of $65.8 million.On a per-share basis, the North Andover, Massachusetts-based company said it had profit of $1.96. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $2.04 per share.The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.83 per share.The maker of valves for plumbing, heating and water needs posted revenue of $504.3 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $503.4 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTS at https://www.zacks.com/ap/WTSSource