Streetbeat News

Earnings

TAP

Molson Coors expects a low single-digit net sales increase for FY24, indicating steady but modest growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:33 am

SEAT

Vivid Seats has reiterated its FY24 revenue guidance to be between $810.0M and $840.0M, with an adjusted EBITDA of $160M to $170M. The company also updated its Marketplace GOV outlook to $4.0B to $4.3B.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:33 am

AU

Anglogold Ashanti (NYSE:AU) reported a significant increase in its H1 earnings per share (EPS) to $0.74, up 124.24% from $0.33 YoY. Sales also rose to $2.55 billion, a 16.74% increase from $2.19 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:33 am

VPG

Vishay Precision Group (NYSE:VPG) reported Q2 earnings of $0.31 per share, missing the analyst estimate of $0.34. Sales were $77.36M, below the $79.61M estimate. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:33 am

NVT

nVent Electric (NYSE:NVT) reported Q2 2024 adjusted EPS of $0.82, meeting analyst expectations. However, the company's sales of $880 million missed the consensus estimate of $892.583 million by 1.41%. Despite the miss, sales increased by 9.59% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:33 am

MKTX

MarketAxess Holdings (NASDAQ:MKTX) reported Q2 2024 GAAP EPS of $1.72, beating the estimate of $1.68. However, sales of $197.660M missed the estimate of $198.627M. Sales increased by 9.91% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:32 am

GXO

GXO Logistics has reaffirmed its 2024 guidance, projecting organic revenue growth of 2% to 5%, adjusted EBITDA between $805 million and $835 million, adjusted diluted EPS from $2.73 to $2.93, and free cash flow conversion of 30% to 40% of adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:32 am

GXO

GXO Logistics (NYSE:GXO) reported Q2 2024 GAAP EPS of $0.32, missing the analyst estimate of $0.39 by 17.95%. However, the company reported sales of $2.846 billion, beating the estimate of $2.730 billion by 4.24% and marking an 18.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:32 am

WLK

Westlake (NYSE:WLK) reported Q2 2024 earnings per share (EPS) of $2.40, beating the analyst estimate of $2.04 by 17.65%. However, sales of $3.207 billion missed the estimate of $3.237 billion by 0.93%. EPS increased by 3.9% year-over-year, while sales decreased by 1.35%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:32 am

IDXX

IDEXX Laboratories reported Q2 2024 adjusted EPS of $3.02, beating the estimate of $2.88. However, sales came in at $1.004 billion, slightly missing the estimate of $1.007 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:31 am