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Earnings

BMBL

BROS

CDLX

FROG

FSLY

MCK

MNST

SRPT

WBD

McKesson Corporation reported weaker-than-expected first-quarter sales, leading to a 7.1% drop in pre-market trading. Other companies like Cardlytics, Bumble, JFrog, Dutch Bros, Fastly, Warner Bros. Discovery, Sarepta Therapeutics, and Monster Beverage also saw significant declines due to disappointing financial results.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 12:20 pm

SRPT

Sarepta Therapeutics shares are trading lower after reporting worse-than-expected Q2 sales results and issuing FY25 net product revenue guidance below estimates. Piper Sandler maintained an Overweight rating but lowered its price target from $205 to $200.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:20 pm

PMN

ProMIS Neurosciences reported a Q2 2024 GAAP EPS of $(0.13), which beats the estimated $(0.14).

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:20 pm

FWONA

Liberty Formula One Group reported Q2 sales of $988 million, surpassing the estimated $984.25 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:19 pm

INSM

Insmed shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:19 pm

BATRA

Liberty Braves Group (NASDAQ:BATRA) reported Q2 earnings per share of $0.46, beating the analyst estimate of $0.32 by 43.75%. However, sales of $282.88 million missed the estimate of $285.85 million by 1.04%. Compared to the same period last year, EPS increased by 39.39% and sales by 4.77%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:19 pm

ET

Energy Transfer shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:18 pm

ITOS

ITeos Therapeutics reported a Q2 2024 GAAP EPS of $(0.18), significantly beating the estimated $(1.04). The company also announced a pro forma cash and investment balance of $714.4M as of June 30, 2024, which is expected to provide financial runway through 2027.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:17 pm

THRD

Third Harmonic Bio (NASDAQ:THRD) reported a Q2 2024 adjusted EPS of $(0.19), beating the analyst consensus estimate of $(0.27) by 29.63%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:17 pm

LBRDK

Liberty Broadband (NASDAQ:LBRDK) reported Q2 2024 earnings per share (EPS) of $1.36, missing the analyst consensus estimate of $1.71 by 20.47%. The company reported sales of $246 million, a 0.41% increase from $245 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:16 pm