Streetbeat News

Earnings

DV

DoubleVerify (DV) has provided its Q3 and FY24 revenue and adjusted EBITDA guidance. For Q3, revenue is expected to be between $167M and $171M, and adjusted EBITDA between $49M and $53M. For FY24, revenue is projected to be between $667M and $675M, with adjusted EBITDA between $206M and $214M.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:10 pm

WPC

W.P. Carey (NYSE:WPC) reported Q2 2024 earnings per share (EPS) of $1.17, meeting analyst expectations. The company's quarterly sales were $386.929 million, slightly above the $384.141 million estimate. However, both EPS and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:10 pm

LYV

Live Nation Entertainment (NYSE:LYV) reported Q2 2024 GAAP EPS of $1.03, missing the $1.06 estimate, but sales of $6.023B beat the $6.018B estimate. Sales increased by 6.96% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:10 pm

CCCS

CCC Intelligent Solutions (NASDAQ:CCCS) reported Q2 2024 adjusted EPS of $0.09, beating the $0.08 estimate. Sales were $232.62M, surpassing the $230.16M estimate and showing a 9.88% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:10 pm

FSLR

First Solar has maintained its FY24 guidance, indicating confidence in its future performance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:09 pm

DV

DoubleVerify Holdings (NYSE: DV) reported Q2 earnings per share of $0.04, meeting analyst expectations but showing a 42.86% decrease from last year. The company reported sales of $155.89 million, beating the $153.82 million estimate and marking a 16.56% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:09 pm

BHE

Benchmark Electronics (NYSE:BHE) reported Q2 2024 adjusted EPS of $0.57, beating the estimate of $0.51. Sales were $666.00M, surpassing the $635.75M estimate but down 9.17% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:09 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) reported Q2 earnings of $2.57 per share, beating the $2.20 estimate, but missed sales estimates with $3.56 billion against $3.97 billion expected.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:09 pm

TSLA

Tesla shares are trading lower due to several recent announcements. CEO Elon Musk confirmed the cancellation of the Plaid+ variant of the Model S, with the high-performance niche to be filled by the Roadster in 2025. Additionally, Tesla is recalling 1.85 million vehicles in the U.S. due to a risk of unlatched hoods obstructing drivers' views. Despite an over-the-air update, the recall has negatively impacted market sentiment. Tesla's recent earnings report showed an EPS of 52 cents, missing estimates of 62 cents, but revenue of $25.500 billion exceeded forecasts of $24.726 billion.

Portfolio Pulse from Vaishali Prayag

July 30, 2024 | 8:09 pm

SYK

Stryker (NYSE:SYK) reported Q2 earnings of $2.81 per share, beating the analyst estimate of $2.79. Sales were $5.42 billion, also surpassing the $5.41 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:08 pm