Streetbeat News

Earnings

ASTS

DIS

DXCM

LLY

TSLA

On Thursday, major U.S. indices showed mixed results. The Dow Jones increased by 0.2%, while the S&P 500 and Nasdaq fell by 0.5% and 0.9%, respectively. Key stocks on investors' radars included Walt Disney, Eli Lilly, AST SpaceMobile, DexCom, and Tesla. Disney's stock fell by 0.66% despite ESPN securing a major NBA broadcasting deal. Eli Lilly's stock dropped by 4.50% due to competition in obesity treatment. AST SpaceMobile's stock surged by 24.55% after completing its first five commercial satellites. DexCom's stock declined by 3.65% due to mixed Q2 results and weak guidance. Tesla's stock rose by 1.97% despite facing revenue and earnings challenges.

Portfolio Pulse from Benzinga Neuro

July 26, 2024 | 2:42 am

GOOGL

MARA

TSLA

Bitcoin and Dogecoin saw significant gains, while Ethereum remained muted after the debut of its spot ETFs. Marathon Digital Holdings' $100 million BTC purchase and HODL strategy likely fueled Bitcoin's surge. Ethereum faced intense sell-offs and liquidations, but analysts suggest the dip could be an opportunity.

Portfolio Pulse from Aniket Verma

July 26, 2024 | 2:21 am

ORC

Orchid Island Capital (NYSE: ORC) reported a Q2 2024 adjusted EPS of $(0.09), missing the $(0.07) estimate, but reported sales of $(697.000K), beating the $(2.945M) estimate. Sales increased by 92.04% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:14 pm

NOV

NOV has revised its FY24 consolidated company revenue growth forecast to a low- to mid-single digit percent range, down from the prior mid-single percentage range. The company also adjusted its full-year 2024 Adjusted EBITDA forecast to $1.10 billion to $1.18 billion, from the previous range of $1.10 billion to $1.25 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:07 pm

NOV

NOV expects Q3 consolidated revenues to be flat to up in the low-single digit percent range. Management anticipates Adjusted EBITDA to be between $270 million and $305 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:03 pm

NOV

NOV (NYSE:NOV) reported Q2 2024 earnings of $0.57 per share, significantly beating the analyst estimate of $0.35. Sales also surpassed expectations, coming in at $2.216 billion versus the $2.193 billion estimate. Both earnings and sales showed notable year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

CTO

CTO Realty Growth (NYSE:CTO) reported Q2 2024 earnings per share of $0.48, surpassing the analyst estimate of $0.39 by 23.08%. The company also reported sales of $28.845 million, beating the estimate of $27.411 million by 5.23%. This marks a 10.74% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

PFS

Provident Financial Services (NYSE:PFS) reported Q2 2024 adjusted EPS of $0.10, missing the analyst estimate of $0.35 by 71.43%. However, the company reported sales of $141.506 million, beating the estimate of $118.545 million by 19.37%. This represents a 19.42% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:58 pm

FSFG

First Savings Financial (NASDAQ:FSFG) reported Q3 2024 adjusted EPS of $0.52, beating the $0.47 estimate, but sales of $14.534M missed the $14.597M estimate. EPS increased by 52.94% year-over-year, while sales decreased by 2.23%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:34 pm