Streetbeat News

Earnings

MLCO

Melco reported an increase in total operating revenues, driven by improved performance in the mass market segment and non-gaming operations, due to the recovery in inbound tourism to Macau in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:03 pm

NUWE

Nuwellis (NASDAQ:NUWE) reported Q2 2024 GAAP EPS of $(18.85), missing the $(8.24) estimate by 128.76%. However, sales of $2.19M beat the $2.00M estimate by 9.54%, showing a 5.73% increase from last year's $2.08M.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:02 pm

NICE

Over the past three months, 16 analysts have shared their evaluations of NICE (NASDAQ:NICE), revealing a range of outlooks from bullish to bearish. The average 12-month price target has dropped by 8.61% to $266.56. Analysts have adjusted their ratings and price targets, with several lowering their estimates. NICE has shown positive financial performance with a 15.29% revenue growth rate, a net margin of 16.13%, and a strong ROE of 3.13%.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 12:02 pm

MLCO

Melco Resorts and Enter (NASDAQ:MLCO) reported Q2 sales of $1.160 billion, slightly missing the analyst estimate of $1.161 billion. Despite the miss, sales increased by 22.37% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:01 pm

AILE

iLearningEngines shares are trading higher after the company reported better-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:01 pm

ALUR

Allurion Technologies reported a Q2 EPS of $(0.05), beating the estimate of $(0.24). Sales were $11.77M, surpassing the $10.90M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:01 pm

AILE

iLearningEngines (NASDAQ:AILE) reported Q2 sales of $135.5 million, surpassing the analyst consensus estimate of $129.533 million by 4.61%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:52 am

RPHM

Reneo Pharmaceuticals (NASDAQ:RPHM) reported a significant improvement in its Q2 2024 GAAP EPS, with losses narrowing to $(0.16) per share from $(0.65) per share in the same period last year, marking a 75.38% increase.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:50 am

IYE

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) is trading lower premarket after issuing layoff notices to 59 employees following its $60 billion acquisition of Pioneer Natural Resources. Despite offering jobs to over 1,500 of Pioneer's employees, the restructuring has led to workforce reductions. Exxon recently reported strong Q2 results, beating revenue and EPS estimates.

Portfolio Pulse from Lekha Gupta

August 13, 2024 | 11:50 am

SYPR

Sypris Solutions has reiterated its full-year 2024 outlook, expecting a 10-15% year-over-year revenue growth. The company also anticipates a 20-25% increase in gross profit and an expansion of gross margins by 100-125 basis points.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:49 am