Streetbeat News

Earnings

CINT

CI&T shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:51 am

SLGL

Sol-Gel Technologies reported a Q2 EPS of $0.07, a significant improvement from $(0.22) year-over-year. The company also reported revenues of $5.4 million and ended the quarter with $15.6 million in cash and equivalents.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:48 am

AMAT

Applied Materials shares are trading lower following Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:40 am

BABA

Alibaba shares are trading higher after multiple analysts raised their price targets on the stock following Thursday's earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:36 am

HRB

H&R Block shares are trading higher following the release of better-than-expected Q4 financial results and FY25 guidance above estimates. The company also announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:34 am

AMCR

Amcor shares are trading lower after the company reported worse-than-expected Q4 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:29 am

COHR

Coherent shares are trading higher after the company reported better-than-expected Q4 financial results. Additionally, B of A Securities and Needham raised their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:26 am

AIM

AIM ImmunoTech (AMEX:AIM) reported Q2 2024 GAAP EPS of $(0.03), beating the analyst estimate of $(0.12) by 75%. The company also reported quarterly sales of $50,000, surpassing the estimate of $11,670 by 328.57%, and marking a 19.05% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:25 am

MSGE

Madison Square Garden (NYSE:MSGE) reported Q4 2024 GAAP EPS of $(2.00), missing the $(1.35) estimate by 48.15%. However, sales of $273.4M beat the $230.097M estimate by 18.82%, marking a 111.77% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:20 am

COHR

Coherent Corp. (NYSE:COHR) reported strong Q4 earnings, beating analyst estimates on both EPS and revenue. The company provided optimistic guidance for Q1 FY25. Following the earnings announcement, analysts from B of A Securities and Needham raised their price targets for Coherent. The stock closed up 6.4% at $71.28.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 11:19 am