Streetbeat News

Earnings

HEES

H&E Equipment Servs (NASDAQ:HEES) reported Q2 earnings of $1.14 per share, beating the analyst consensus estimate of $1.02 by 11.76%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $360.23 million, beating the analyst consensus estimate of $344.85 million by 4.46%. This is a 22.25% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:10 am

OIS

Oil States International (NYSE:OIS) reported Q2 earnings of $0.01 per share, missing the analyst consensus estimate of $0.06 by 83.33%. The company also reported quarterly sales of $183.53 million, missing the analyst consensus estimate of $201.87 million by 9.09%. However, this represents a 112.5% increase in earnings and a 0.93% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:10 am

GTX

Garrett Motion has raised its full year 2023 revenue outlook from $3.79B - $3.98B to $3.84B - $4.03B, against a $3.98B estimate. The company also increased its net sales growth, net income, adjusted EBITDA, net cash provided by operating activities, and adjusted free cash flow projections.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:10 am

TW

Tradeweb Markets (NASDAQ:TW) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.50 by 4%. This is a 10.64% increase from the same period last year. The company also reported quarterly sales of $310.61 million, beating the analyst consensus estimate of $309.07 million by 0.50%. This is a 4.53% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:09 am

PRCT

PROCEPT BioRobotics (NASDAQ:PRCT) reported Q2 losses of $(0.56) per share, beating the analyst consensus estimate of $(0.57) by 1.75%. This is a 30.23% decrease over losses from the same period last year. The company also reported quarterly sales of $33.10 million, beating the analyst consensus estimate of $30.46 million by 8.68%, a 98.33% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:09 am

BMY

Bristol Myers Squibb has revised its FY23 revenue forecast to a low single-digit decline, compared to a previous increase of 2%. The adjusted EPS is now expected to be $7.35-$7.65, down from the previous guidance of $7.95-$8.25. This is due to lower revenues for Revlimid and Pomalyst.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:08 am

GTX

Garrett Motion (NASDAQ:GTX) reported Q2 sales of $1.01 billion, beating the analyst consensus estimate of $982.00 million by 2.95 percent. This represents a 17.69 percent increase over sales of $859.00 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:08 am

AOS

A. O. Smith has raised its FY23 outlook, with sales expected to be between $3.75B and $3.83B, up from the previous estimate of $3.68B-$3.83B. The adjusted EPS is also expected to increase to $3.38-$3.53 from the previous $3.30-$3.50.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:08 am

SRCL

Stericycle (NASDAQ:SRCL) reported Q2 adjusted earnings of $0.43 per share, missing the analyst consensus estimate of $0.49 by 12.24%. This is a 10.42% decrease from the same period last year. The company also reported quarterly sales of $669.50 million, missing the analyst consensus estimate of $683.48 million by 2.05%, a 1.52% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:07 am

AMBP

Ardagh Metal Packaging (AMBP) forecasts FY23 shipment growth in the mid-single digits and an adjusted EBITDA of $630M-$640M. The company also expects Q3 adjusted EBITDA to be between $170M-$175M.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 11:07 am