Streetbeat News

Earnings

LTRPA

Liberty TripAdvisor Holdings (NASDAQ: LTRPA) reported a significant increase in Q2 earnings per share (EPS) to $0.63, up 384.62% from $0.13 YoY. Sales also saw a slight increase to $497.00 million from $494.00 million YoY.

Portfolio Pulse from totan@benzinga.com

August 08, 2024 | 12:15 pm

PH

Parker Hannifin shares are trading higher following better-than-expected Q4 financial results and upbeat FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:14 pm

VERV

Verve Therapeutics reported a Q2 2024 GAAP EPS of $(0.59), beating the estimate of $(0.71). Sales were $6.692M, surpassing the $2.030M estimate. The company has $575.9M in cash, cash equivalents, and marketable securities, providing a cash runway into late 2026.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:14 pm

PMVP

PMV Pharma (NASDAQ:PMVP) reported a Q2 EPS loss of $(0.02), significantly beating the analyst consensus estimate of $(0.33) and showing a substantial improvement from the $(0.38) loss per share in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:13 pm

GLUE

Monte Rosa Therapeutics reported a Q2 2024 GAAP EPS of $(0.43), beating the estimate of $(0.55). Sales were $4.695M, surpassing the $1.349M estimate. The company has a cash position of $267.1M, expected to fund operations into H1 2027.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:12 pm

GCMG

GCM Grosvenor (NASDAQ:GCMG) reported Q2 2024 adjusted EPS of $0.15, beating the $0.14 estimate. Sales were $116.954M, surpassing the $113.300M estimate and showing an 8.68% increase from last year's $107.613M.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:10 pm

STER

Sterling Check reported its Q2 2024 financial results, with adjusted EPS of $0.23 missing the $0.28 estimate, but sales of $200.528 million beating the $197.624 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:10 pm

RVLV

VFC

As of August 8, 2024, VF Corp (NYSE:VFC) and Revolve Group Inc (NYSE:RVLV) are considered overbought with RSI values above 70. Despite reporting better-than-expected financial results, their recent stock price surges and high RSI values suggest potential short-term price corrections.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 12:08 pm

IHRT

iHeartMedia expects Q3 revenue growth in the mid-single digits compared to $915.98M estimate and FY24 revenue growth in the mid-single digits compared to $3.88B estimate. Q3 Adjusted EBITDA is expected to be $200M to $220M, and FY24 Adjusted EBITDA is expected to be $760M to $800M. The company remains committed to a long-term target of approximately 4x Net Debt to Adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:08 pm

NSYS

Nortech Systems reported Q2 EPS of $0.05, a decrease from $0.22 in the prior year. Net sales declined by 3.2% to $33.89 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:08 pm