Streetbeat News

Earnings

OLO

Olo shares are trading higher after the company reported better-than-expected Q2 sales results and issued strong guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:15 am

MAX

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:15 am

LPG

Dorian LPG (NYSE:LPG) reported strong Q1 earnings, with adjusted EPS of $1.26 beating the $0.88 estimate and sales of $114.35M surpassing the $95.00M estimate. This represents a 43.18% EPS beat and a 20.37% sales beat compared to analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:15 am

CDNA

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

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:14 am

MGM

MGM Resorts shares are trading lower after the company reported Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:14 am

XEL

Xcel Energy has affirmed its FY24 adjusted EPS guidance of $3.50-$3.60, aligning closely with the $3.56 estimate. Key assumptions include constructive outcomes in rate cases, normal weather patterns, and a slight increase in weather-normalized retail electric sales. O&M expenses and interest expenses are projected to rise, while property taxes remain flat.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:13 am

PAX

Patria Investments (NASDAQ:PAX) reported Q2 2024 earnings per share of $0.22, meeting analyst expectations, and sales of $70.2 million, beating estimates by 1.88%. Despite a 24.14% decrease in EPS from last year, sales increased by 13.96%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:13 am

OCSL

Oaktree Specialty Lending (NASDAQ:OCSL) reported Q3 2024 earnings per share of $0.55, missing the analyst estimate of $0.56. The company also reported sales of $94.966 million, falling short of the $99.380 million estimate and representing a 6.80% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:13 am

TS

Tenaris S.A. shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:13 am

META

SNAP

Snap shares are trading higher due to possible sympathy with Meta, which reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:12 am