Streetbeat News

Earnings

BANC

Banc of California (NYSE:BANC) reported Q2 earnings per share (EPS) of $0.12, missing the analyst estimate of $0.19 by 36.84%. However, the company reported sales of $259.28 million, beating the estimate of $240.12 million by 7.98%. EPS decreased by 62.5% year-over-year, while sales increased by 272.36%.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:08 am

CSTM

Constellium (NYSE:CSTM) reported Q2 2024 GAAP EPS of $0.52, beating the $0.42 estimate by 23.1%. Sales were $1.933 billion, surpassing the $1.886 billion estimate by 2.51%, despite a 9.04% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:08 am

SPOT

Spotify reported its Q3 results with total Monthly Active Users (MAUs) reaching 639 million, total revenue of €4.0 billion, and total premium subscribers at 251 million.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:08 am

DHR

Danaher Corporation (DHR) reported its Q2 2024 earnings, with adjusted EPS of $1.72 beating the estimate of $1.57. Sales also surpassed expectations, coming in at $5.743 billion compared to the $5.586 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:07 am

SPOT

Spotify reported its Q2 total Monthly Active Users (MAUs) at 626 million, marking a 14% year-over-year increase.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:07 am

PII

Polaris has lowered its FY24 sales and adjusted earnings guidance due to a decision to cut shipments and expectations that current industry challenges will persist for the rest of the year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:06 am

UPS

United Parcel Service (UPS) has revised its FY24 revenue outlook to $93 billion, slightly above the $92.79 billion estimate. The company also provided updates on its financial targets, including a consolidated adjusted operating margin of 9.4%, capital expenditures of $4 billion, and $500 million in share repurchases.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:06 am

SPOT

Spotify shares are trading higher following Q2 earnings.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 10:06 am

SPOT

Spotify Technology reported its Q2 2024 earnings with a GAAP EPS of €1.33, beating the estimate of €1.08. However, its sales of €3.807 billion slightly missed the estimate of €3.812 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:05 am

SPOT

Spotify Technology reported its Q2 2024 earnings with an EPS of EUR1.33 and sales of EUR3.807 billion.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 10:04 am