Streetbeat News

Earnings

ZURA

Zura Bio reported its Q2 earnings per share (EPS) of $(0.17), an improvement from $(1.31) year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:22 pm

CXAI

GOOG

CXApp Inc (NASDAQ:CXAI) shares surged after reporting Q2 results and announcing a strategic agreement with Google Cloud. Despite missing revenue and EPS estimates, the company showed strong subscription revenue, gross margin, and net retention rate improvements. The Google Cloud deal aims to enhance CXApp's AI infrastructure and product offerings.

Portfolio Pulse from Adam Eckert

August 13, 2024 | 1:17 pm

BA

SPR

Spirit AeroSystems (SPR) shares are trading lower premarket after CEO Patrick Shanahan announced a $28.5 million payout following the company's merger with Boeing (BA). The payout includes cash, restricted stock units, and perks. Shanahan is a top candidate for Boeing's CEO position. SPR recently missed Q2 EPS and sales estimates.

Portfolio Pulse from Lekha Gupta

August 13, 2024 | 1:17 pm

HRTG

SEZL

As of August 13, 2024, Sezzle Inc (NASDAQ: SEZL) and Heritage Insurance Holdings Inc (NYSE: HRTG) are considered overbought based on their RSI values. Both companies reported strong quarterly earnings, leading to significant stock price increases. Sezzle's RSI is 72.74, and Heritage Insurance's RSI is 78.10, indicating potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 1:10 pm

ALGT

GNK

KRT

Wall Street's most accurate analysts have provided their ratings on three high-dividend-yielding industrial stocks: Genco Shipping & Trading Limited (GNK), Allegiant Travel Company (ALGT), and Karat Packaging Inc. (KRT). The article highlights recent analyst ratings and relevant news for each company.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 1:10 pm

MSGS

Madison Square Garden shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:08 pm

PULM

Pulmatrix reported Q2 2024 revenue of $1.55M, down from $1.8M year-over-year. The EPS was $(1.59), compared to $(1.04) in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:07 pm

NPWR

NET Power shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:07 pm

STI

Solidion Technology reported a net income of approximately $22 million and an EPS of $0.23 for Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:03 pm

SE

Sea Limited (NYSE:SE) reported mixed Q2 2024 earnings with revenue growth of 23% YoY to $3.81 billion, beating estimates. EPS of $0.14 missed expectations. Digital Entertainment revenue fell, but bookings and adjusted EBITDA rose. E-commerce revenue increased, but the segment had a loss in adjusted EBITDA. Shopee is expected to become adjusted EBITDA positive from Q3 2024. SE shares rose 3.10% premarket.

Portfolio Pulse from Anusuya Lahiri

August 13, 2024 | 1:03 pm