Streetbeat News

Earnings

MTH

Meritage Homes reported strong Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:47 pm

SKX

Skechers shares are trading higher following the company's Q2 results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:45 pm

LPLA

LPL Financial Holdings reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:45 pm

NWL

Newell Brands reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:45 pm

GNTX

Gentex Corp reported Q2 FY23 sales growth of 26% YoY to $583.47 million, beating the analyst consensus. Automotive net sales improved by 27% and light vehicle production increased by 18%. The company repurchased 0.9 million shares of its common stock during Q2. Gentex expects FY23 revenue of about $2.2 billion - $2.3 billion.

Portfolio Pulse from Shivani Kumaresan

July 28, 2023 | 3:44 pm

OVV

Ovintiv Inc. reported its Q2 financial results, which led to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:39 pm

ERIE

Erie Indemnity Company's shares are trading higher following the release of its Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:38 pm

LYV

Shares of Live Nation Entertainment Inc (NYSE:LYV) rose after the company reported record-breaking quarterly results. The company is expected to benefit from strong concert demand continuing into 2024, according to Oppenheimer. Analyst Jed Kelly maintained an Outperform rating for Live Nation Entertainment while raising the price target from $110 to $115. The company's 2024 event pipeline is up from what the 2023 pipeline looked like last year. Live Nation Entertainment's deferred revenue has also accelerated to +37% year-on-year.

Portfolio Pulse from Priya Nigam

July 28, 2023 | 3:38 pm

QS

QuantumScape's stock is trading higher following the company's recent earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:37 pm

CNC

Centene Corporation reported its Q2 financial results and issued FY23 adjusted EPS guidance below estimates. The company also reiterated its FY24 adjusted EPS guidance, which is also below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:34 pm