Streetbeat News

Earnings

TNK

Teekay Tankers shares are trading lower following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:43 pm

MGY

Magnolia Oil & Gas shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:43 pm

CMPR

Cimpress shares are trading higher after the company reported better-than-expected Q4 revenue results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:42 pm

APD

CWAN

EXAS

META

SHAK

Air Products and Chemicals, Inc. (APD) reported better-than-expected Q3 EPS, leading to a significant stock price increase. Other companies like Meta Platforms, Exact Sciences, Shake Shack, and Clearwater Analytics also saw gains due to positive financial results or strategic agreements.

Portfolio Pulse from Avi Kapoor

August 01, 2024 | 3:42 pm

VCEL

Vericel shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:42 pm

IRM

Iron Mountain Inc (NYSE:IRM) reported Q2 financial results, showing mixed performance with EPS missing estimates but revenue beating expectations. The company saw significant growth in storage rental and service revenue, leading to a 15.1% increase in adjusted EBITDA. AFFO also increased by 11.8%, and the company raised its quarterly dividend by 10%. Iron Mountain affirmed its full-year 2024 guidance, expecting revenues towards the upper end of the $6 billion–$6.15 billion range.

Portfolio Pulse from Anusuya Lahiri

August 01, 2024 | 3:38 pm

VAL

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:35 pm

WEAV

Weave Communications shares are trading higher after the company reported better-than-expected Q2 revenue results. Additionally, the company raised its FY24 revenue guidance and issued Q3 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:35 pm

ABEV

Ambev SA (NYSE:ABEV) shares rose by 0.97% to $2.08 after reporting better-than-expected Q2 sales results. The company met earnings estimates with 3 cents per share and reported $3.847 billion in sales, beating the $3.609 billion estimate. Growth was driven by strong performance in Brazil and other regions, despite declines in Latin America South and Canada.

Portfolio Pulse from Henry Khederian

August 01, 2024 | 3:34 pm

CRTO

Critero shares are trading lower despite the company reporting better-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:33 pm