Streetbeat News

Earnings

RUSHA

Rush Enterprises shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:03 pm

LSPD

Lightspeed Commerce Inc (NYSE:LSPD) shares are trading higher after the company reported better-than-expected first-quarter results, with earnings of 10 cents per share and sales of $266.09 million. Total revenue increased 27% year-over-year, driven by a 44% increase in transaction-based revenue and a 6% increase in subscription revenue. The company projects second-quarter revenue of $270 million to $275 million and fiscal year revenue growth of at least 20%.

Portfolio Pulse from Erica Kollmann

August 01, 2024 | 6:53 pm

MA

V

Mastercard outperformed Visa in Q2, reporting better-than-expected results with significant growth in U.S. debit volumes and Value Added Services. Analysts from Goldman Sachs, RBC Capital Markets, BMO Capital Markets, and JPMorgan have raised their price targets and maintained positive ratings on Mastercard, highlighting its defensive edge in spending volatility and growth potential in new markets.

Portfolio Pulse from Priya Nigam

August 01, 2024 | 6:50 pm

CAT

Recent options activity for Caterpillar (NYSE:CAT) shows a bearish sentiment among large investors, with 53% of trades being bearish. The major market movers are focusing on a price range between $220.0 and $390.0. The stock is currently trading at $347.06 with neutral RSI indicators and an earnings announcement expected in 5 days.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 6:47 pm

APTV

Aptiv PLC (NYSE:APTV) shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results. Despite missing sales estimates and lowering its 2024 revenue guidance, the company announced a $5 billion share repurchase program.

Portfolio Pulse from Dylan Berman

August 01, 2024 | 6:47 pm

FORM

FormFactor shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:36 pm

CACC

Credit Acceptance shares are trading lower following the company's Q2 financial results and a price target reduction by TD Cowen from $440 to $400.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:36 pm

HWKN

Hawkins shares are trading higher after the company reported better-than-expected Q1 financial results and raised its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:36 pm

APPN

Appian shares are trading lower after the company reported Q2 financial results and issued FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:36 pm

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) is set to release its Q2 earnings on August 1, with analysts expecting a significant increase in both earnings per share and revenue compared to the previous year. Several top analysts have recently revised their price targets for Amazon, maintaining positive ratings.

Portfolio Pulse from Avi Kapoor

August 01, 2024 | 6:35 pm