Streetbeat News

Earnings

CHK

Chesapeake Energy (NASDAQ:CHK) reported a significant decline in Q2 earnings and sales, with earnings per share dropping 98.44% year-over-year to $0.01 and sales falling 73.29% to $505 million, missing analyst estimates by 35.84%.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:03 pm

SFM

Sprouts Farmers Market (NASDAQ:SFM) reported Q2 2024 earnings per share of $0.71, missing the analyst estimate of $0.78. However, the company reported sales of $1.890 billion, beating the estimate of $1.835 billion and showing an 11.70% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:03 pm

HOLX

Hologic (NASDAQ:HOLX) reported Q3 2024 adjusted EPS of $1.06, beating the analyst estimate of $1.02. The company also reported sales of $1.011 billion, surpassing the $1.000 billion estimate. This represents a 2.74% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:02 pm

ST

Sensata Technologies (NYSE:ST) reported Q2 2024 GAAP EPS of $0.93, meeting analyst expectations. The company also reported sales of $1.04 billion, which matched the consensus estimate but represented a 2.07% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:02 pm

WWD

Woodward (NASDAQ:WWD) reported Q3 sales of $847.688 million, missing the analyst consensus estimate of $853.523 million by 0.68%. This represents a 5.87% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:02 pm

FSUN

FirstSun reported its Q2 2024 adjusted earnings per share (EPS) at $0.90, a decrease from $1.11 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 8:02 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) shares are experiencing a slight decline ahead of their second-quarter earnings report scheduled for tomorrow. Analysts project an EPS of $0 and revenue of $564.59 million. The stock has shown increased volatility with a significant short interest of 18.45%. The average 12-month price target is $8.17, suggesting potential upside.

Portfolio Pulse from Vaishali Prayag

July 29, 2024 | 7:59 pm

SAIA

Saia shares are trading lower after multiple firms lowered their price targets on the stock following the company's worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 7:28 pm

MCD

McDonald's Corporation (NYSE:MCD) is experiencing a bearish trend, with key resistance levels forming due to buyer's remorse. The stock's ability to break through these resistance levels could signal a new uptrend, but failure to do so may result in continued downward movement.

Portfolio Pulse from Mark Putrino

July 29, 2024 | 7:21 pm

AAL

DAL

LUV

Delta Air Lines (DAL) shares are down 1.9% to $43.26, marking a 7.6% decrease for July. The stock was volatile last week, influenced by financial reports from American Airlines (AAL) and Southwest Airlines (LUV). Delta faces financial difficulties due to a system failure causing flight cancellations and a federal investigation. Citigroup cut Delta’s Q3 earnings estimate by 60 cents per share to $1.37, predicting a $350 million hit to operating profit and potential fines. Industry-wide issues like rising operating costs and capacity management challenges are also affecting Delta.

Portfolio Pulse from Henry Khederian

July 29, 2024 | 7:04 pm