Streetbeat News

Earnings

XP

XP shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:45 am

GLBE

Global-E Online shares are trading lower after the company reported Q2 financial results and issued Q3 revenue guidance below estimates. Additionally, the company cut its FY24 revenue guidance with its midpoint below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:44 am

GLBE

Global-e Online shares are trading lower after the company cut its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:44 am

ARCH

CHK

NEXT

The article highlights three oversold energy stocks with potential for short-term gains: Arch Resources Inc (ARCH), Nextdecade Corp (NEXT), and Chesapeake Energy Corp (CHK). These stocks have experienced significant price declines and have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 11:43 am

VSCO

Victoria's Secret & Co. shares are trading higher following the announcement of a new CEO and strong preliminary Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:43 am

EAT

Brinker International shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results and issued FY25 adjusted EPS guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:34 am

ARCO

Arcos Dorados Holdings (NYSE:ARCO) reported Q2 earnings per share of $0.13, meeting analyst expectations. The company achieved quarterly sales of $1.11 billion, surpassing the $1.06 billion estimate and marking a 6.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:34 am

SPHR

Sphere Entertainment shares are trading higher following a Q4 revenue beat.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:33 am

SPHR

Sphere Entertainment (NYSE:SPHR) reported Q4 sales of $273.4 million, beating the analyst consensus estimate of $271.315 million by 0.77%. This represents a 111.77% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:32 am

BKKT

Bakkt has lowered its FY24 crypto revenue guidance from $3.00B-4.45B to $2.57B-2.83B. The company expects net loyalty revenues of $53M–$57M and gross crypto revenues of $2.515B-$2.770B. Operating expenses excluding certain costs are projected to be $157M-$162M. Net cash used in operating activities is expected to be ($72M)–($79M), with free cash flow usage of ($79M)–($86M). End-of-year available cash is projected to be $35M–$42M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:31 am