Streetbeat News

Earnings

SAM

Boston Beer Company shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:21 pm

MHK

Mohawk Industries shares are trading higher following mixed Q2 earnings. B of A Securities upgraded the stock from Underperform to Buy.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:20 pm

COUR

Coursera shares are trading higher after the company beat Q2 earnings estimates.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:19 pm

NWFL

Norwood Financial (NASDAQ:NWFL) reported a significant decrease in its Q2 earnings per share (EPS), down 35.8% from $0.81 to $0.52 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:17 pm

OXLC

Oxford Lane Capital (NASDAQ:OXLC) reported Q1 2025 earnings per share of $0.41, meeting analyst expectations. However, the company missed sales estimates by 43.74%, reporting $89.8 million in sales against the expected $159.621 million. Despite this, sales increased by 27.38% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:12 pm

OXLC

Oxford Lane Capital (NASDAQ:OXLC) reported Q1 earnings of $0.41 per share, a 4.65% decrease from $0.43 per share YoY. Sales increased by 27.38% to $89.80 million from $70.50 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:09 pm

BMY

Bristol Myers Squibb (NYSE:BMY) reported strong Q2 earnings, with revenues of $12.20 billion, beating expectations. The growth was driven by newer drugs like Opdivo and Eliquis. The company raised its 2024 profit forecast and expects revenue growth at the upper end of the low single-digit range.

Portfolio Pulse from Vandana Singh

July 26, 2024 | 12:08 pm

TNET

TriNet expects its FY24 total revenues to range from a 1% decrease to a 4% increase, with adjusted EPS projected between $5.25 and $6.80, compared to an estimate of $5.94.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:06 pm

FHB

First Hawaiian (NASDAQ:FHB) reported Q2 earnings per share of $0.48, beating the analyst estimate of $0.43. Sales were $204.62 million, also surpassing the $203.33 million estimate. However, both EPS and sales showed a slight decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:05 pm

CRI

DXCM

INDV

MGNX

OLN

TNDM

URG

ZYXI

Several major stocks, including DexCom, Zynex, Olin, and others, are experiencing significant declines in Friday's pre-market session. DexCom's shares fell sharply due to worse-than-expected Q2 revenue and weak FY24 guidance. Other companies like Zynex, Ur-Energy, Tandem Diabetes Care, MacroGenics, Olin Corporation, Carter’s, and Indivior also saw declines due to various financial results and announcements.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 12:05 pm