Earnings360 Newsletter for 9/26/2024

Earnings360 Newsletter for 9/26/2024
Micron Technology, Costco Wholesale, Accenture & more: Earnings results, news and what's next. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
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The afternoon institutional wave Wall Street keeps secret (ad)
The afternoon institutional wave Wall Street keeps secret
Every afternoon at 2:00 PM Eastern, roughly 3.5 billion dollars in institutional capital flows into the market before the closing bell.

During March's market selloff, this afternoon pattern reportedly produced results ranging from 136 dollars to 219 dollars across six sessions, based on a hypothetical 1,000 dollar trade.

Nate Tucci breaks down the full mechanics in a new briefing on the phenomenon.
 
Watch the complete 2 PM Income presentation before access is removedtc pixel
Top Earnings News
Buy Rating Affirmed: McKesson’s Growth and Earnings Potential Amidst Investor Concerns
Rush Enterprises, Inc. Conference Call Advisory for Third Quarter 2024 Earnings Results
AI’s next bottlenecktc pixel 
Don’t Overlook Mosaic’s Challenges—They Might Spark Opportunity
3 Beaten Up Experiential Stocks to Cash in on a Good Time

Thursday, September 26 Today's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
ACN Accenture$257.93$2.78$2.79$0.01$16.37 billion$16.41 billion2.6%→
BB BlackBerry$8.44($0.03)($0.01)$0.02$138.82 million$145 million9.8%→
COST Costco Wholesale$1,012.28$5.05$5.15$0.10$79.91 billion$79.70 billion1.0%→
HNNMY Hennes & Mauritz$3.55$0.04$0.03($0.01)$5.84 billion$5.61 billion→
JBL Jabil$272.23$2.22$2.30$0.08$6.59 billion$6.96 billion-17.7%→
KMX CarMax$55.62$0.86$0.85($0.01)$6.83 billion$7.01 billion-.9%→
MTN Vail Resorts$151.56($4.28)($4.67)($0.39)$264.84 million$265.39 million-1.6%→
SNX TD SYNNEX$236.81$2.80$2.86$0.06$14.11 billion$14.68 billion5.2%→
UEC Uranium Energy$7.71 - ($0.03) - - - →
The hardware layer driving AI's next trillion-dollar phase (ad)
Wall Street’s quietly buying these 3 AI infrastructure plays
Hedge funds are rotating out of AI hype and into the hardware layer powering it. New research identifies three profitable U.S. infrastructure companies leading this shift.

One just posted 76% year-over-year data-center growth. Another holds a $12 billion backlog from global hyperscalers. A third is generating 59%+ gross margins on next-gen chips.
 
Access the full analysis, price setups, and catalysts nowtc pixel

Wednesday, September 25 Yesterday's Earnings Announcements

CompanyCurrent PriceConsensus EPSActual EPSBeat/MissConsensus RevenueActual RevenueYoY Revenue GrowthReport
CNXC Concentrix$30.13$2.93$2.87($0.06)$2.38 billion$2.39 billion46.2%→
CTAS Cintas$219.82$1.00$1.10$0.10$2.49 billion$2.50 billion6.8%→
FUL H. B. Fuller$49.68$1.23$1.13($0.10)$944.04 million$917.93 million1.9%→
JEF Jefferies Financial Group$46.07$0.78$0.75($0.03)$1.71 billion$1.68 billion42.4%→
MU Micron Technology$884.74$0.97$1.18$0.21$7.65 billion$7.75 billion93.3%→
WS Worthington Steel$40.70$0.55$0.56$0.01$748.40 million$834 million-7.9%→

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