Streetbeat News

Earnings

DPZ

Domino's Pizza (NYSE:DPZ) reported Q2 2024 GAAP EPS of $4.03, beating the $3.66 estimate, but sales of $1.097B missed the $1.103B estimate. EPS increased by 30.84% YoY, while sales grew by 7.02% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:07 am

CBSH

Commerce Bancshares (NASDAQ:CBSH) reported Q2 earnings per share (EPS) of $1.07, beating the estimate of $0.95. The company also reported sales of $414.49 million, surpassing the $406.86 million estimate. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:03 am

TCBI

Texas Capital Bancshares (NASDAQ: TCBI) reported Q2 earnings of $0.80 per share, missing the analyst estimate of $0.84. Sales were $267.01 million, slightly below the $267.24 million estimate. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:02 am

WNS

WNS (Hldgs) reported Q1 2025 adjusted earnings per share (EPS) of $0.93, beating the analyst estimate of $0.91. Adjusted sales were $312.4 million, also surpassing the estimate of $310.31 million. However, both EPS and sales showed a year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:02 am

MTB

M&T Bank reported Q2 2024 sales of $2.302 billion, surpassing the estimated $2.277 billion.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:41 am

MTB

M&T Bank (NYSE:MTB) reported Q2 2024 adjusted earnings per share (EPS) of $3.79, surpassing the analyst consensus estimate of $3.50 by 8.29%.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:38 am

ALK

Alaska Air Group has reduced its FY24 EPS guidance by $0.25 at the midpoint, now expecting earnings between $3.50 and $4.50, compared to the previous estimate of $4.49.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:27 am

TSM

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMC) reported strong Q2 results with revenue and earnings growth above estimates, driven by high demand for AI chips. The company provided an optimistic Q3 guidance and expects 2024 to be a strong growth year. However, the stock faced a decline due to geopolitical concerns.

Portfolio Pulse from Shanthi Rexaline

July 18, 2024 | 8:11 am

ABT

DHI

FIVE

NFLX

SYF

TSM

The Nasdaq Composite experienced its worst session since December 2022, driven by a decline in semiconductor stocks following remarks by Trump and potential restrictions by Biden. Taiwan Semiconductor Manufacturing Company (TSM) fell nearly 8%. Synchrony Financial (SYF) reported strong Q2 results, while Five Below (FIVE) shares dropped 25% due to a CEO transition and declining sales. Investors are awaiting earnings from D.R. Horton (DHI), Abbott Laboratories (ABT), and Netflix (NFLX).

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 7:27 am

ABT

Abbott Laboratories (NYSE:ABT) is set to release its Q2 financial results on July 18, with analysts expecting earnings of $1.10 per share and revenue of $10.37 billion. Recent analyst ratings include a mix of Buy, Overweight, and Equal-Weight ratings with price targets ranging from $107 to $140.

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 7:05 am