Streetbeat News

Earnings

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

MEOH

Methanex (NASDAQ:MEOH) reported Q2 2024 adjusted EPS of $0.62, beating the estimate of $0.52, but sales of $920 million missed the $966.905 million estimate. Sales decreased by 2.02% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:12 pm

JBGS

JBG SMITH Properties (NYSE: JBGS) reported Q2 2024 earnings per share (EPS) of $0.18, missing the analyst estimate of $0.26 by 30.77%. However, the company reported sales of $135.320 million, beating the estimate of $111.669 million by 21.18%. Compared to the same period last year, EPS decreased by 50% and sales decreased by 11.03%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:12 pm

RYI

Ryerson Holding (NYSE:RYI) reported Q2 earnings of $0.33 per share, beating the analyst estimate of $0.21. However, sales of $1.23 billion missed the $1.27 billion estimate. Earnings decreased by 68.87% year-over-year, and sales decreased by 8.79% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:12 pm

DALN

DallasNews shares are trading higher after the company reported a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:12 pm

CJJD

China Jo-Jo Drugstores shares are trading lower following the release of their FY24 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:12 pm

EVBN

Evans Bancorp (AMEX:EVBN) reported Q2 2024 earnings per share (EPS) of $0.53, beating the analyst estimate of $0.38 by 39.47%. Sales were $16.720 million, surpassing the $16.149 million estimate. However, both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:10 pm

AEIS

Advanced Energy Industries (AEIS) has provided its Q3 revenue guidance of $370 million +/- $20 million, which is slightly below the estimated $373.04 million. The company also expects adjusted EPS of $0.90 +/- $0.25, matching the estimated $0.90.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:09 pm