Streetbeat News

Earnings

PAC

Grupo Aeroportuario del (NYSE:PAC) reported Q1 earnings of $2.37 per share, missing the analyst consensus estimate of $3.23 by 26.63%. However, the company's quarterly sales of $472.78 million beat the estimate of $400.57 million by 18.03%. This represents a 2.6% increase in earnings and a 61.3% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:15 am

LOGI

Logitech has raised its H1 2024 outlook, expecting sales of $1.875B - $1.975B, up from the previous estimate of $1.8B - $1.9B. The company also provided an estimated full-year outlook for FY24, expecting sales of $3.8B-$4B, which is slightly lower than the $4.1B estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:42 am

DPZ

GE

GM

GOOGL

MSFT

NXPI

The Dow Jones recorded its longest winning streak since Feb. 2017, with gains for the eleventh straight session. Domino's Pizza Inc reported better-than-expected Q2 earnings, while sales missed estimates. NXP Semiconductors also reported better-than-expected Q2 results and issued a strong Q3 forecast. Investors are awaiting earnings results from Microsoft Corporation, Alphabet Inc., General Electric Company, and General Motors Company.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 5:38 am

LOGI

Logitech International (NASDAQ:LOGI) reported Q1 earnings of $0.65 per share, beating the analyst consensus estimate of $0.45 by 44.44%. However, this is a 12.16% decrease from the same period last year. The company also reported quarterly sales of $974.50 million, beating the analyst consensus estimate of $912.30 million by 6.82%, but this is a 15.99% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:33 am

VLRS

Controladora Vuela has updated its FY23 guidance, expecting an operating revenue of $3.2B-$3.4B, which is in line with the consensus of $3.32B. The company also anticipates an ASM growth of approximately 13%, and an EBITDAR margin of 29% to 31%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:28 am

VLRS

Controladora Vuela (NYSE:VLRS) reported Q2 earnings of $0.05 per share, missing the analyst consensus estimate of $0.23 by 78.26%. The company also reported quarterly sales of $782.00 million, missing the analyst consensus estimate of $797.71 million by 1.97%. However, these figures represent an increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:20 am

NWE

NorthWestern (NASDAQ:NWE) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.54 by 35.19%. This is a 35.19% decrease from the same period last year. The company also reported quarterly sales of $290.50 million, missing the analyst consensus estimate of $349.41 million by 16.86%. This is a 10.06% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:04 am

SMBC

Southern Missouri Bancorp (NASDAQ:SMBC) reported Q4 earnings of $1.43 per share, beating the analyst consensus estimate of $1.06 by 34.91%. This is a 1.42% increase from the same period last year. The company also reported quarterly sales of $45.17 million, beating the analyst consensus estimate of $40.63 million by 11.17%. This is a 31.85% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 11:03 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) is set to report its Q4 and full-year financial results. Analysts estimate earnings per share of $2.55 and revenue of $55.47 billion. The company has consistently beaten earnings per share estimates in the past. Analysts from Goldman Sachs and Wedbush have raised their price targets for Microsoft, citing the potential of Microsoft 365 and AI monetization. Microsoft's CEO, Satya Nadella, has also highlighted the role of AI in the company's future growth.

Portfolio Pulse from Chris Katje

July 24, 2023 | 11:00 pm

ASR

ASUR reported a decline of 8.1% in Q2 earnings per ADS to $4.7556. The company's revenues also fell by 2.6%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 9:36 pm