Streetbeat News

Earnings

ARE

Alexandria Real Estate Equities (ARE) has raised its FY24 EPS outlook from $2.98-$3.10 to $3.60-$3.72, surpassing the $3.38 estimate. The company also updated its funds from operations (FFO) per share guidance and key credit metrics, indicating strong financial health and strategic capital management.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:16 pm

MEDP

Medpace Holdings (NASDAQ: MEDP) reported Q2 2024 GAAP EPS of $2.75, beating the analyst estimate of $2.54 by 8.27%. However, sales of $528.104 million slightly missed the estimate of $528.440 million. EPS increased by 42.49% YoY, and sales grew by 14.59% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:16 pm

NXPI

NXP Semiconductors (NXPI) has provided its Q3 revenue guidance in the range of $3.15 billion to $3.35 billion, which is below the estimated $3.35 billion. The company also expects its Q3 adjusted EPS to be between $3.21 and $3.63, compared to the estimated $3.56.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:15 pm

ARE

Alexandria Real Estate (NYSE:ARE) reported Q2 earnings per share of $2.36, beating the analyst estimate of $2.34. However, sales of $766.70 million missed the $776.26 million estimate. Earnings increased by 5.36% year-over-year, while sales grew by 7.40%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:14 pm

EFSC

Enterprise Financial Services (NASDAQ: EFSC) reported Q2 2024 adjusted EPS of $1.21, beating the $1.06 estimate. Sales were $156.023M, surpassing the $154.504M estimate. Despite the beats, EPS decreased by 6.2% YoY, while sales increased by 0.67% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:13 pm

ZION

Zions Bancorp reported Q2 2024 GAAP EPS of $1.28, surpassing the estimated $1.09.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:13 pm

SAP

SAP's current cloud backlog grew by 28% to €14.81 billion in Q2, maintaining the same growth rate at constant currencies.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:12 pm

NXPI

NXP Semiconductors shares are trading lower following mixed Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:12 pm

SAP

SAP has reiterated its financial outlook for 2024 and updated its ambitions for 2025. For 2024, SAP expects cloud revenue between €17 billion and €17.3 billion, non-IFRS operating profit between €7.6 billion and €7.9 billion, and cloud and software revenue between €29 billion and €29.5 billion. For 2025, SAP anticipates non-IFRS operating profit of approximately €10.2 billion and cloud revenue of more than €21.5 billion.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:12 pm

NXPI

NXP Semiconductors (NASDAQ:NXPI) reported Q2 2024 earnings per share of $3.20, slightly missing the analyst estimate of $3.21. However, the company beat sales estimates with $3.127 billion, though this represents a 5.21% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:11 pm