Streetbeat News

Earnings

NFLX

Netflix reported mixed Q2 results and issued soft Q3 sales guidance, leading to a drop in its share price. The company also expects lower cash content spend in 2023 due to timing of production starts and ongoing WGA and SAG-AFTRA strikes.

Portfolio Pulse from Bill Haddad

July 19, 2023 | 8:43 pm

FR

First Industrial Realty (NYSE:FR) reported Q2 earnings of $0.61 per share, up 8.93% YoY. Quarterly sales were $152.22 million, beating the analyst consensus estimate of $148.86 million by 2.26% and marking a 17.05% increase YoY.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:40 pm

FR

First Industrial Realty (NYSE:FR) reported Q2 earnings of $0.61 per share, up 8.93% YoY. Quarterly sales were $152.22M, beating the analyst consensus estimate of $148.86M by 2.26% and marking a 17.05% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:39 pm

AHT

Ashford Hospitality Trust has reported preliminary Q2 occupancy of 75%, with an average daily rate of approximately $191. The company's Revenue Per Available Room (RevPAR) is around $144, marking a 7% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:38 pm

LBRT

Liberty Energy (NYSE:LBRT) reported Q2 earnings of $0.87 per share, missing the analyst consensus estimate of $0.90 by 3.33%. The company also reported quarterly sales of $1.20 billion, missing the analyst consensus estimate of $1.27 billion by 5.91%. Despite the misses, both earnings and sales show significant increases compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 19, 2023 | 8:34 pm

EGIO

Edgio reported Q4 losses of $(0.06) per share, a 400% decrease YoY. However, the company's sales increased by 73.08% to $108.84 million.

Portfolio Pulse from mahesh@benzinga.com

July 19, 2023 | 8:34 pm

FNB

F N B (NYSE:FNB) reported Q2 earnings of $0.39 per share, beating the analyst consensus estimate of $0.38 by 2.63 percent. This represents a 25.81 percent increase over earnings of $0.31 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:33 pm

KARO

Karooooo (NASDAQ:KARO) reported Q1 earnings of $0.27 per share, missing the analyst consensus estimate of $0.30 by 10 percent. This is a 15.62 percent decrease from the same period last year. However, the company's quarterly sales of $53.47 million beat the analyst consensus estimate of $52.57 million by 1.70 percent, marking a 3.74 percent increase from the previous year.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:33 pm

STLD

Steel Dynamics (NASDAQ:STLD) reported Q2 earnings of $4.81 per share, down from $6.44 per share last year. Quarterly sales were $5.08 billion, missing the analyst consensus estimate of $5.57 billion by 8.78 percent. This represents an 18.22 percent decrease over sales of $6.21 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:32 pm

UAL

United Airlines Holdings, Inc. (NASDAQ:UAL) reported Q2 earnings of $5.03 per share, beating the analyst consensus estimate of $4.03. The company also reported quarterly sales of $14.18 billion, surpassing the analyst consensus estimate of $13.91 billion. UAL's Q2 capacity was up 17.5% YoY, and TRASM was down 0.4%. The company issued full-year 2023 EPS guidance of $11 to $12, beating the $9.73 analyst estimate.

Portfolio Pulse from Ryan Gustafson

July 19, 2023 | 8:31 pm