Streetbeat News

Earnings

BLFY

Blue Foundry (NASDAQ:BLFY) reported Q2 2024 GAAP EPS of $(0.11), beating the estimate of $(0.21). Sales were $10.109M, surpassing the $9.441M estimate. Despite beating estimates, both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:24 pm

PMEC

Primech Holdings reported FY24 revenue of $72.5 million, marking a 5.1% year-over-year increase. The company also disclosed contracted revenues of $144.4 million as of March 31.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:18 pm

LCNB

LCNB (NASDAQ:LCNB) reported Q2 earnings of $0.29 per share, beating the analyst estimate of $0.18 by 61.11%. Sales were $19.30M, surpassing the $17.20M estimate and marking an 8.27% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:17 pm

BZ

DB

GERN

GOOGL

SERV

SFL

TSLA

UP

V

Tesla, Inc. (TSLA) reported weak earnings for the second quarter, causing its shares to fall sharply in pre-market trading. Other notable stocks experiencing losses include Visa Inc. (V), Deutsche Bank Aktiengesellschaft (DB), Wheels Up Experience Inc. (UP), SFL Corporation Ltd. (SFL), Serve Robotics Inc. (SERV), Geron Corporation (GERN), Kanzhun Limited (BZ), and Alphabet Inc. (GOOGL).

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 12:17 pm

BSBR

Banco Santander (NYSE:BSBR) reported Q2 2024 earnings of $0.22 per share, beating the analyst estimate of $0.16. Sales were $3.825 billion, surpassing the $3.556 billion estimate. Despite the positive earnings, sales decreased by 66.65% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:17 pm

K

MO

PM

Wall Street's most accurate analysts have provided their ratings on three high-dividend-yielding stocks in the consumer staples sector: Kellanova (K), Philip Morris International (PM), and Altria Group (MO). These stocks are favored during market turbulence for their high free cash flows and dividend payouts.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 12:16 pm

FLEX

Flex Ltd. has provided its financial outlook for fiscal year 2025, projecting revenues between $25.4 billion and $26.4 billion, compared to the consensus estimate of $25.78 billion. The company also expects adjusted EPS to be in the range of $2.30 to $2.50, versus the estimate of $2.38.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:14 pm

FMNB

Farmers National Banc (NASDAQ:FMNB) reported Q2 earnings per share (EPS) of $0.33, beating the analyst consensus estimate of $0.32 by 3.13%. However, this represents a 19.51% decrease from the $0.41 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:13 pm

FLEX

Flex Ltd. has provided its Q2 revenue guidance, expecting between $6.2 billion and $6.8 billion, compared to the $6.27 billion estimate. The company also forecasts adjusted EPS in the range of $0.52 to $0.60, versus the $0.55 estimate.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:13 pm

GPI

Group 1 Automotive Inc (NYSE:GPI) reported mixed Q2 FY24 earnings with sales growth of 3% year-on-year to $4.696 billion, missing the consensus estimate. New vehicle sales grew, but gross profit and operating income declined. Adjusted EPS beat expectations. The company faced challenges from a CDK Global outage and adverse weather events. GPI repurchased shares and is focused on acquiring Inchcape’s U.K. retail automotive business.

Portfolio Pulse from Shivani Kumaresan

July 24, 2024 | 12:12 pm