Streetbeat News

Earnings

BMBL

MTCH

Bumble shares are trading higher in sympathy with the Match Group, which reported better-than-expected Q2 revenue results and issued strong Q3 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:17 pm

NGD

New Gold (AMEX:NGD) reported Q2 2024 adjusted EPS of $0.02, beating the $0.01 estimate. Sales were $218.2M, surpassing the $214.31M estimate and marking an 18.33% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:17 pm

BYFC

Broadway Financial (NASDAQ:BYFC) reported Q2 earnings per share of $0.03, which is the same as the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:16 pm

AMZN

MSFT

Amazon shares are trading lower, potentially in sympathy with Microsoft's Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:16 pm

AKR

Acadia Realty Trust has revised its FY24 FFO before special items per share from $1.24-$1.32 to $1.26-$1.32, with an estimate of $1.29. The company also updated its annual 2024 guidance for net earnings per share to $0.07-$0.11 from $0.07-$0.13, and NAREIT FFO per share to $1.09-$1.13 from $1.09-$1.15.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:16 pm

HRZN

Horizon Tech Finance (NASDAQ:HRZN) reported Q2 2024 earnings per share (EPS) of $0.36, meeting analyst expectations. The company's sales were $25.678 million, slightly beating the $25.317 million estimate. However, both EPS and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:16 pm

POWL

Powell Industries (NASDAQ:POWL) reported Q3 2024 earnings per share (EPS) of $3.79, significantly beating the analyst estimate of $2.16. The company's sales for the quarter were $288.168 million, surpassing the expected $222.181 million. Both EPS and sales showed substantial year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:14 pm

RYI

Ryerson expects a decrease in customer shipments by 2%-4% QoQ for Q3 2024. The company anticipates Q3 EPS to be between $0.01-$0.10, below the $0.13 estimate, and revenue to be between $1.12B-$1.16B, also below the $1.23B estimate.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:14 pm

HURN

Huron Consulting Group (HURN) has revised its FY24 revenue guidance to $1.46B-$1.50B from $1.46B-$1.54B, slightly below the estimated $1.502B. The company also adjusted its EPS guidance to $5.85-$6.15 from $5.60-$6.10, above the estimated $5.86. Additionally, Huron increased its adjusted EBITDA as a percentage of revenues to 13.0%-13.5%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:13 pm

LYV

Live Nation Entertainment Inc (NYSE:LYV) reported mixed Q2 financial results with revenue beating estimates but EPS missing. Revenue was $6.023 billion, slightly above estimates, while EPS was $1.03, below the expected $1.06. The company saw a 7% year-over-year revenue increase and a 21% rise in operating income. Despite strong demand and increased ticket sales, shares fell 3.30% after hours.

Portfolio Pulse from Adam Eckert

July 30, 2024 | 9:12 pm