Streetbeat News

Earnings

CRI

Carter's (NYSE:CRI) reported Q2 earnings of $0.76 per share, beating the analyst estimate of $0.49 by 55.1%. However, sales of $564.40 million missed the $568.16 million estimate, marking a 5.96% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:13 am

AVTR

Avantor reported Q2 operating cash flow of $281 million and free cash flow of $235 million, indicating strong financial performance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:09 am

AVTR

Avantor reported its Q2 2024 results, with adjusted EPS of $0.25 beating the estimate of $0.23, and sales of $1.703 billion in line with expectations.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:08 am

CNC

Centene Corporation has reaffirmed its 2024 adjusted EPS guidance floor of greater than $6.80, which is slightly below the consensus estimate of $6.83.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:04 am

CNC

Centene reported Q2 premium and service revenues of $36 billion, with a 34% increase in membership in the Marketplace compared to the second quarter of 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:03 am

PODD

Insulet Corporation reported preliminary Q2 revenue of $488 million, surpassing the estimated $460.275 million and exceeding their guidance range of 15% - 18% in constant currency. The strong performance was driven by high demand for Omnipod 5, leading to significant revenue growth and an increase in new customer starts both in the U.S. and internationally.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:02 am

AON

Aon (NYSE:AON) reported Q2 2024 adjusted EPS of $2.93, missing the analyst estimate of $3.08 by 4.87%. However, the company reported sales of $3.760 billion, beating the estimate of $3.733 billion by 0.73%. This represents an 18.35% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:02 am

CNC

Centene Corporation reported its Q2 2024 financial results, with adjusted EPS of $2.42 beating the estimate of $2.07, and sales of $39.836 billion surpassing the expected $36.460 billion.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 10:01 am

BFI

DXCM

UCTT

WINT

Shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT) surged 17.4% in pre-market trading after reporting better-than-expected quarterly earnings and sales. Other notable pre-market movers include Windtree Therapeutics, Inc. (NASDAQ:WINT) up 110.3%, BurgerFi International, Inc. (NASDAQ:BFI) up 83%, and DexCom, Inc. (NASDAQ:DXCM) down 37% due to weak revenue results.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 9:57 am

AMZN

GOOG

GOOGL

Analysts at Wedbush Securities are optimistic about Amazon's (NASDAQ:AMZN) prospects, citing strong performance in the retail segment, rising operating margins, and growth in Amazon Web Services (AWS). They have set a 12-month price target of $225 and maintained an Outperform rating. AWS is expected to grow over 18% year-over-year in Q2, with AI contributions being a key focus. Despite some concerns about Q2 revenue guidance and Prime Day results, analysts believe Amazon is relatively insulated from competitive threats and continues to gain market share.

Portfolio Pulse from Kaustubh Bagalkote

July 26, 2024 | 9:06 am