Streetbeat News

Earnings

WING

Wingstop shares are trading higher following better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:02 pm

TTMI

TTM Technologies has provided its Q3 2024 revenue guidance, expecting between $580 million and $620 million, compared to the $600.38 million estimate. The company also forecasts adjusted EPS between $0.37 and $0.43, versus the $0.40 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:02 pm

WING

Wingstop (NASDAQ:WING) reported Q2 2024 earnings per share of $0.93, surpassing the analyst estimate of $0.81. The company also reported sales of $155.7 million, beating the $144.012 million estimate and marking a 45.28% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:02 pm

TTMI

TTM Technologies reported Q2 2024 adjusted EPS of $0.39, beating the estimate of $0.34. Sales were $605.137 million, surpassing the expected $579.776 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:00 pm

PNM

PNM Resources has reaffirmed its FY24 ongoing EPS guidance range of $2.65 to $2.75, with an estimate of $2.69.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:00 pm

AEIS

Two analysts have recently published ratings on Advanced Energy Industries (NASDAQ: AEIS), with one maintaining a 'Neutral' rating and another raising their rating to 'Buy'. The average 12-month price target has increased to $113.00 from $110.00. Despite a decline in revenue growth, AEIS shows strong financial performance in net margin, ROE, and ROA, but has a higher debt-to-equity ratio compared to industry standards.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 12:00 pm

JNVR

Janover Inc (NASDAQ:JNVR) announced that its insurtech subsidiary, Janover Insurance, achieved profitability within two months of its launch in March 2024. The subsidiary's monthly recurring revenue increased by over 60% from April to May 2024, contributing to a 5% month-over-month increase in Janover's overall annual recurring revenue. Janover Insurance now accounts for approximately 40% of the company's total monthly revenue from its core subscription business.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 12:00 pm

ROCK

Gibraltar Industries has revised its FY24 consolidated net sales forecast downward from the previous range of $1.43B - $1.48B to a new range of $1.38B - $1.42B, which is below the estimated $1.433B.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:57 am

AMD

MSFT

QQQ

SPY

Wall Street is optimistic about a tech-led rebound driven by AMD's strong Q2 results. Major indices are up, with expectations of a Fed rate cut in September. Key stocks like AMD, MSFT, and ETFs like SPY and QQQ are showing significant premarket movements.

Portfolio Pulse from Shanthi Rexaline

July 31, 2024 | 11:56 am

ROCK

Gibraltar Industries has announced that its outlook for FY24 adjusted EPS remains unchanged, with the range continuing to be $4.57 - $4.82, compared to the estimated $4.71.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:55 am