Market-Moving News for August 2nd
Portfolio Pulse from ryanfaloona@benzinga.com
e.l.f. Beauty, Teva Pharmaceutical Indus, and Advanced Micro Devices have all reported better than expected Q2 earnings. e.l.f. Beauty's Q1 adjusted EPS was $1.10, beating the $0.58 estimate, and sales were $216.34M, beating the $184.92M estimate. Teva Pharmaceutical's Q2 adjusted EPS was $0.56, beating the $0.54 estimate, and sales were $3.88B, beating the $3.70B estimate. Advanced Micro Devices' Q2 EPS was $0.58, beating the $0.57 estimate, and sales were $5.36B, beating the $5.32B estimate.
August 04, 2023 | 11:11 am
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POSITIVE IMPACT
Advanced Micro Devices reported Q2 EPS of $0.58, beating the $0.57 estimate, and sales of $5.36B, beating the $5.32B estimate.
Advanced Micro Devices' better than expected earnings report is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
e.l.f. Beauty reported Q1 adjusted EPS of $1.10, beating the $0.58 estimate, and sales of $216.34M, beating the $184.92M estimate.
e.l.f. Beauty's better than expected earnings report is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Teva Pharmaceutical reported Q2 adjusted EPS of $0.56, beating the $0.54 estimate, and sales of $3.88B, beating the $3.70B estimate.
Teva Pharmaceutical's better than expected earnings report is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100