Streetbeat News

Earnings

STAG

Stag Industrial (NYSE:STAG) reported Q2 earnings of $0.56 per share, unchanged YoY. The company's quarterly sales were $171.44 million, missing the analyst consensus estimate of $172.97 million by 0.89 percent. However, this is a 6.45 percent increase over sales of $161.06 million the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:18 pm

QS

QuantumScape reported Q2 losses of $(0.26) per share, missing the analyst consensus estimate of $(0.20) by 30 percent. This represents an 18.18 percent decrease over losses from the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 26, 2023 | 8:18 pm

CASH

Pathward Financial (NASDAQ:CASH) reported Q3 earnings of $1.76 per share, beating the analyst consensus estimate of $1.47 by 19.73%. This is an 89.25% increase from the same period last year. However, the company's quarterly sales of $165.20 million missed the analyst consensus estimate of $165.99 million by 0.48%, though it's a 30.96% increase from last year.

Portfolio Pulse from vinayak@benzinga.com

July 26, 2023 | 8:18 pm

ESI

Element Solutions (NYSE:ESI) reported Q2 earnings of $0.31 per share, in line with analyst consensus. However, the company's quarterly sales of $586.00 million missed the analyst consensus estimate of $607.99 million by 3.62 percent. This represents a 13.43 percent decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:18 pm

ICLR

Icon (NASDAQ:ICLR) reported Q2 adjusted earnings of $3.11 per share, beating the analyst consensus estimate of $3.08 by 0.97 percent. This is an 8.74 percent increase from the same period last year. The company also reported quarterly sales of $2.02 billion, in line with analyst estimates, marking a 4.39 percent increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:18 pm

ILMN

Illumin Holdings Inc has projected its Q2 revenue to be around $33M and its adjusted EBITDA to be approximately $20,000.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:17 pm

EBAY

eBay has projected its Q3 revenue to be between $2.46B and $2.52B, surpassing the estimated $2.23B. The company also expects its non-GAAP EPS to be between $0.96 and $1.01, higher than the estimated $0.92.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:16 pm

FLEX

Flex has projected its FY24 revenue to be between $30.5B and $31.5B, compared to the estimated $30.88B. The company also anticipates its adjusted EPS to be $2.35-$2.55, versus the estimated $2.43.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:15 pm

GGG

Graco (NYSE:GGG) reported Q2 earnings of $0.75 per share, missing the analyst consensus estimate of $0.80 by 6.25%. The company also reported quarterly sales of $559.64 million, missing the analyst consensus estimate of $576.08 million by 2.85%. However, both earnings and sales increased compared to the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 26, 2023 | 8:15 pm

IRT

Independence Realty Trust (NYSE:IRT) reported Q2 earnings of $0.28 per share, a 7.69% increase YoY. However, the company's quarterly sales of $163.60 million missed the analyst consensus estimate of $164.95 million by 0.82%.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:15 pm