Streetbeat News

Earnings

QCOM

Qualcomm shares are trading higher after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:33 pm

CVNA

Carvana Co (NYSE:CVNA) reported strong Q2 earnings with revenue of $3.41 billion and EPS of 14 cents, both beating estimates. Vehicle sales jumped 33% YoY, and the company provided upbeat guidance for Q3 and FY 2024. Shares rose 10.33% after hours.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 8:33 pm

CTVA

Corteva projects its FY24 EPS to be between $2.60 and $2.80, compared to the estimated $2.77. The company also forecasts revenue between $17.2 billion and $17.5 billion, against the estimated $17.372 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:33 pm

LRCX

Lam Research shares are trading lower following the company's Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:33 pm

META

Meta shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:32 pm

VICI

VICI Properties has raised its FY24 AFFO guidance from $2.22-$2.25 to $2.24-$2.26 per diluted share. The company estimates AFFO for the year ending December 31, 2024, to be between $2,350 million and $2,370 million. This updated guidance does not include potential impacts from future acquisitions, dispositions, or other non-recurring transactions.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:32 pm

FMC

FMC Corporation has provided its financial outlook for fiscal year 2024, projecting revenues between $4.3 billion and $4.5 billion, compared to the estimated $4.43 billion. The company also expects adjusted EPS to range from $3.02 to $3.64, against an estimate of $3.48.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:32 pm

NRDS

Nerdwallet (NASDAQ:NRDS) reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.05) estimate by 140%. However, sales of $150.600M beat the $150.111M estimate, showing a 5.09% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

TS

Tenaris (NYSE:TS) reported Q2 2024 earnings of $0.59 per share, missing the analyst consensus estimate of $0.97 by 39.18%. The company reported quarterly sales of $3.32 billion, meeting the analyst consensus estimate but marking an 18.53% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

SCKT

Socket Mobile (NASDAQ:SCKT) reported Q2 losses of $(0.08) per share, missing the $(0.05) estimate by 60%. Sales were $5.08M, down 0.70% YoY.

Portfolio Pulse from totan@benzinga.com

July 31, 2024 | 8:31 pm