Streetbeat News

Earnings

HL

Hecla Mining Company (NYSE:HL) reported its preliminary silver and gold production for Q2 and H1 2023. Silver production increased by 13% YTD, driven by a 21% increase at Lucky Friday and a 6% increase at Greens Creek. Gold production decreased by 14%. Keno Hill produced 184,264 ounces of silver, operating at 75% of the targeted throughput. Lucky Friday reported its highest quarterly silver production in over 20 years.

Portfolio Pulse from Charles Gross

July 13, 2023 | 10:42 am

CWEN

Clearway Energy, Inc. (NYSE:CWEN, CWEN.A) announced that its Q2 2023 wind production was 25% below internal median production estimates, including the Alta Wind Complex's production at 20% below expectations. This represents the lowest quarterly production in the company's history, resulting in an estimated decrease in Q2 2023 revenue of between $25 and $30 million.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:37 am

AAL

DAL

LUV

UAL

Airline stocks are trading higher following better-than-expected Q2 results from Delta.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:35 am

PEP

PepsiCo Inc reported Q2 FY23 sales growth of 10.4% YoY to $22.32 billion, beating the analyst consensus. Net revenue from various segments showed significant growth. Gross profit increased 12.9% YoY to $12.2 billion, and the profit margin expanded to 54.6%. The company raised the FY23 organic revenue growth outlook to 10% and sees 12% core constant currency EPS growth. PepsiCo continues to expect total cash returns to shareholders to be approximately $7.7 billion.

Portfolio Pulse from Shivani Kumaresan

July 13, 2023 | 10:34 am

DAL

Delta Air Lines reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:34 am

PEP

PepsiCo reported Q2 earnings and revenue beat, leading to a rise in its shares. The company also raised its FY23 outlook.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:34 am

DAL

Delta Air Lines has projected its Q3 earnings per share (EPS) to be between $2.20 and $2.50, which is higher than the estimated $2.05.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:33 am

DAL

Delta Air Lines has increased its full-year earnings per share (EPS) guidance to a range of $6-$7, up from the previous estimate of $6.15.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:32 am

DAL

Delta Air Lines reported Q2 earnings per share (EPS) of $2.68, beating the estimate of $2.39. The company's adjusted operating revenue of $14.61 billion also surpassed the estimate of $14.46 billion.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:31 am

CYRX

CryoPort announced lower than expected interim Q2 earnings and FY23 guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 10:31 am