Streetbeat News

Earnings

FLEX

Flex (NASDAQ:FLEX) reported Q1 earnings of $0.51 per share, beating the analyst estimate of $0.41. Sales were $6.31 billion, surpassing the $5.90 billion estimate. However, both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:09 pm

GD

General Dynamics shares are trading lower after the company reported worse-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:07 pm

SFNC

Simmons First National (NASDAQ: SFNC) reported Q2 earnings of $0.33 per share, beating the analyst estimate of $0.31. However, sales of $197.20 million missed the $201.84 million estimate. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:06 pm

APH

Amphenol Corp expects Q3 2024 sales to be between $3.70B and $3.80B, significantly higher than the $3.38B estimate. Adjusted EPS is projected to be between $0.43 and $0.45, also above the $0.41 estimate. This represents a 16%-19% increase in sales and a 10%-15% increase in EPS compared to the prior year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:05 pm

SFNC

Simmons First National (NASDAQ: SFNC) reported Q2 2024 adjusted EPS of $0.33, beating the estimate of $0.31. However, sales were $197.204 million, missing the $201.839 million estimate and showing a 5.29% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:03 pm

APH

Amphenol shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:03 pm

APH

Amphenol reported Q2 2024 adjusted EPS of $0.44, beating the estimate of $0.41. Sales were $3.610 billion, surpassing the expected $3.384 billion.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:02 pm

NIO

TSLA

NIO Inc. (NYSE:NIO) shares are trading lower in the premarket session, following a sharp decline in Tesla, Inc. (NASDAQ:TSLA) shares after Tesla reported disappointing second-quarter earnings. NIO is also preparing to launch its second-generation Nio Phone with an AI-powered voice assistant, NOMI GPT, aiming for a seamless integration with its vehicles.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 11:59 am

T

VZ

AT&T reported Q2 2024 earnings with operating revenues of $29.8 billion, slightly missing estimates. Adjusted EPS was in line with expectations. The company saw strong wireless net adds and higher free cash flow. Verizon also reported better-than-expected postpaid phone net additions.

Portfolio Pulse from Anusuya Lahiri

July 24, 2024 | 11:54 am

UCBI

United Community Banks (NASDAQ:UCBI) reported Q2 2024 adjusted EPS of $0.58, beating the $0.51 estimate. Sales were $245.256M, surpassing the $238.951M estimate. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:53 am