Streetbeat News

Earnings

XNET

Xunlei reported Q2 earnings per ADS of $0.04, a decrease from $0.08 last year. Total revenues were $79.6 million, down 23.7% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:02 am

HD

Home Depot reported a 3.3% decline in Q2 comparable sales, with US comparable sales down by 3.6%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:01 am

HD

Home Depot (NYSE:HD) reported Q2 2024 adjusted EPS of $4.67, beating the estimate of $4.50, but sales of $43.175 billion missed the $43.376 billion estimate. EPS decreased by 0.21% year-over-year, while sales increased by 0.60%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:01 am

CAAS

China Automotive Systems (NASDAQ:CAAS) reported Q2 earnings of $0.24 per share, a 31.43% decrease from $0.35 per share YoY. However, sales increased by 15.43% to $158.61 million, beating the $137.41 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:48 am

ONON

On Holding (NYSE:ONON) reported Q2 2024 adjusted EPS of $0.15, missing the $0.16 estimate, but achieved sales of $627.683 million, surpassing the $561.038 million estimate and marking a 27.04% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:46 am

TME

Tencent Music Entertainment Group reported Q2 earnings per share (EPS) of $0.16, which was in line with expectations. However, the company's sales of $985.00 million missed the estimated $996.68 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:03 am

TME

Tencent Music Entertainment Group reported its Q2 2024 adjusted earnings per ADS of $0.16 and sales of $985 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:02 am

HD

Home Depot (NYSE:HD) is set to release its Q2 earnings on Aug. 13, 2024, with analysts expecting a decrease in EPS to $4.50 from $4.65 YoY and revenue of $43.37 billion. The company recently completed an $18.25 billion acquisition of SRS Distribution. Analysts have mixed ratings, with price targets ranging from $360 to $400.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 8:12 am

HD

MNDY

PSFE

RILY

XP

U.S. stocks had a mixed performance on Monday, with the Dow Jones falling over 100 points. The CNN Money Fear and Greed index showed a slight increase but remained in the 'Extreme Fear' zone. Monday.com shares surged 15% after strong earnings, while B. Riley Financial shares plummeted 52% following weak preliminary results. Investors are awaiting earnings from The Home Depot, Paysafe, and XP Inc.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 7:49 am

IAUX

i-80 Gold (AMEX:IAUX) reported Q2 EPS of $(0.07), an improvement from $(0.08) YoY, but sales decreased by 36.48% to $7.18M from $11.31M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:49 am