Streetbeat News

Earnings

CBRE

CBRE Group's shares are trading lower after the company announced its Q2 earnings.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:53 pm

IP

International Paper reported mixed Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:51 pm

MBLY

Mobileye's shares are trading lower after the company announced its Q2 results.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:50 pm

PKX

POSCO shares are trading lower, possibly due to a pullback after recent gains on strong earnings.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:49 pm

INTC

Intel Corporation (NASDAQ:INTC) is expected to release its Q2 earnings after the closing bell on Thursday. Options markets are implying a move of around +/-6.45% after the announcement, which is less than the 7.5% move seen over the last eight quarters. Analysts expect the company to post a quarterly loss at 3 cents per share, versus a year-ago profit of 29 cents per share. The company’s revenue might come in at $10.97 billion.

Portfolio Pulse from Lisa Levin

July 27, 2023 | 5:44 pm

AMT

American Tower Corporation (AMT) has raised its 2023 guidance, leading to an increase in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:38 pm

HCA

HCA Healthcare's shares have dropped following the release of their Q2 results.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:38 pm

ORLY

O'Reilly Automotive reported Q2 results and announced management changes, causing its shares to trade lower.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:37 pm

MLM

Martin Marietta Materials, Inc. (NYSE:MLM) reported Q2 FY23 revenue growth of 10.9% YoY to $1.82 billion, missing the consensus of $1.83 billion. EPS was $5.60, beating the consensus of $4.85. The company returned $232.5 million to shareholders through dividends and share repurchases. However, aggregates shipments decreased by 5.7%. The company expects FY23 total revenues of $6.725 billion-$6.86 billion, up from the previous guidance.

Portfolio Pulse from Akanksha Bakshi

July 27, 2023 | 5:33 pm

STLA

Stellantis reported its 1H results, showing an increase in BEV and LEV sales. This positive news has led to a rise in the company's share price.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 5:31 pm