Streetbeat News

Earnings

FRPT

Freshpet (NASDAQ:FRPT) reported Q2 2024 GAAP EPS of $(0.03), beating the $(0.08) estimate, and sales of $235.253M, surpassing the $231.053M estimate. This marks a significant improvement in both earnings and sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:31 am

CG

Carlyle Group (NASDAQ:CG) reported Q2 2024 earnings per share of $0.78, missing the analyst estimate of $0.83 by 6.02%. The company also reported sales of $788.9 million, falling short of the $827.467 million estimate by 4.66%. This represents a 19.33% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:28 am

AAPL

AMZN

CAR

KOS

TSN

XOM

The Dow Jones index fell over 600 points following weak jobs data, with the CNN Money Fear and Greed index remaining in the 'Fear' zone. Amazon shares dropped 8.8% after mixed Q2 results, while Apple and Exxon Mobil reported better-than-expected earnings. Investors are awaiting earnings from Tyson Foods, Kosmos Energy, and Avis Budget Group.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 10:28 am

COIN

MSTR

MicroStrategy Inc. (NASDAQ:MSTR) experienced a significant pre-market drop of 14.71% following its Q2 2024 earnings report, closely mirroring Bitcoin's recent decline. The company's heavy reliance on Bitcoin holdings is believed to be the cause. Other crypto-linked stocks like Coinbase Global, Inc. (NASDAQ:COIN) have also been trading lower amid Bitcoin's weakness.

Portfolio Pulse from Benzinga Neuro

August 05, 2024 | 10:20 am

CAR

KOS

PLTR

SOHU

TSN

Key stocks to watch on Monday include Tyson Foods, Sohu.com, Kosmos Energy, Palantir Technologies, and Avis Budget Group. Tyson Foods and Kosmos Energy are set to release earnings before the market opens, while Palantir Technologies and Avis Budget Group will report after the market closes. Sohu.com has already reported an adjusted loss for the quarter.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 10:19 am

CGBD

Carlyle Secured Lending (NASDAQ:CGBD) reported Q2 2024 GAAP EPS of $0.51, missing the $0.52 estimate. Sales were $58.264M, below the $60.085M estimate and down 3% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:13 am

BNTX

BioNTech has reiterated its 2024 revenue guidance of €2.5B-€3.1B and ended the second quarter of 2024 with €18.5B in cash, cash equivalents, and security investments.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:03 am

JOUT

Johnson Outdoors reports that challenging market conditions, driven by lower consumer demand for outdoor recreation products and heavy promotional activity, have negatively impacted their Q3 results.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:02 am

BNTX

BioNTech reported its Q2 2024 financial results, missing both earnings and sales estimates. The company posted a GAAP EPS of EUR(3.36), which was below the expected EUR(1.89). Sales were EUR128.700M, falling short of the EUR157.008M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:01 am

JOUT

Johnson Outdoors (NASDAQ:JOUT) reported Q3 2024 earnings of $0.16 per share, missing the analyst estimate of $0.57 by 71.93%. Sales were $172.472M, also missing the estimate of $176.141M by 2.08%. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:01 am