Streetbeat News

Earnings

CLF

Cleveland-Cliffs (NYSE:CLF) reported Q2 earnings of $0.69 per share, missing the analyst consensus estimate of $0.70 by 1.43%. This is a 47.33% decrease from the same period last year. The company's quarterly sales of $5.98 billion beat the analyst consensus estimate of $5.80 billion by 3.17%, but this is a 5.57% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 24, 2023 | 8:12 pm

WASH

Washington Trust Bancorp (NASDAQ:WASH) reported Q2 earnings of $0.66 per share, beating the analyst consensus estimate of $0.63 by 4.76%. However, this is a 42.11% decrease from the same period last year. The company's quarterly sales of $33.50 million missed the analyst consensus estimate of $33.79 million by 0.86%, marking a 10.70% decrease from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 24, 2023 | 8:11 pm

NXPI

NXP Semiconductors reported Q2 adjusted earnings of $3.43 per share, beating the analyst consensus estimate of $3.27 by 4.89%. However, this is a 2.56% decrease from the same period last year. The company also reported quarterly sales of $3.30 billion, surpassing the analyst consensus estimate of $3.21 billion by 2.77%, but this is a 0.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:11 pm

FFIV

F5 Networks Inc. (FFIV) has projected its Q4 EPS to be between $3.15 and $3.27, compared to the estimated $3.22. The company also expects its revenue to be in the range of $690M-$710M, against the estimated $701.94M. The company's CEO expressed confidence in achieving double-digit non-GAAP earnings growth for fiscal year 2023.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 8:11 pm

MFIN

Medallion Financial Corp. (NASDAQ:MFIN) reported Q2 earnings of $0.62 per share, beating the analyst consensus estimate of $0.36 by 72.22%. This is a 14.81% increase from the same period last year. The company also reported quarterly sales of $48.63 million, beating the analyst consensus estimate of $44.65 million by 8.92%. This is a 5.18% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 24, 2023 | 8:10 pm

ZVIA

Zevia PBC (NYSE:ZVIA) has announced preliminary Q2 2023 net sales of approximately $42 million, lower than the previously forecasted range of $48 million to $51 million. The shortfall is attributed to supply chain disruptions amid an operations transition. Despite strong customer demand, supply chain logistics challenges hindered fulfillment and impacted net sales. The company has revised its full-year 2023 revenue guidance to $163 million-$168 million, down from $180 million-$190 million.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 8:09 pm

TRST

Trustco Bank (NASDAQ:TRST) reported Q2 earnings of $0.86 per share, beating the analyst consensus estimate of $0.85 by 1.18%. However, this is a 7.53% decrease from the same period last year. The company's quarterly sales were $48.65 million, missing the analyst consensus estimate of $49.58 million by 1.88%, but showing a 1.40% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

July 24, 2023 | 8:07 pm

WHR

Whirlpool has reaffirmed its ongoing earnings per share (EPS) guidance for the fiscal year 2023, which is expected to be between $16 and $18.

Portfolio Pulse from Bill Haddad

July 24, 2023 | 8:06 pm

TBI

TrueBlue reported Q2 earnings of $0.17 per share, missing the analyst consensus estimate of $0.22 by 22.73%. This is a 79.27% decrease from the same period last year. The company also reported quarterly sales of $476.00 million, missing the analyst consensus estimate of $496.11 million by 4.05%. This is a 16.38% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 8:06 pm

WHR

Whirlpool (NYSE:WHR) reported Q2 earnings of $4.21 per share, beating the analyst consensus estimate of $3.76 by 11.97%. However, this is a 29.48% decrease from the same period last year. The company's quarterly sales of $4.79 billion missed the analyst consensus estimate of $4.82 billion by 0.58%, marking a 5.98% decrease from last year.

Portfolio Pulse from Bill Haddad

July 24, 2023 | 8:06 pm