Streetbeat News

Earnings

NUE

Nucor (NYSE:NUE) reported Q2 2024 adjusted EPS of $2.68, beating the estimate of $2.35. Sales were $8.08 billion, surpassing the $7.69 billion estimate. However, sales decreased by 15.15% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:32 pm

SSD

Simpson Manufacturing shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:30 pm

CCK

Crown Holdings shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised its FY24 EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:30 pm

CLF

Cleveland-Cliffs Inc (NYSE:CLF) reported mixed Q2 earnings with revenue of $5.1 billion, missing estimates, but breakeven adjusted earnings beating expectations. The company generated strong free cash flow and continued cost-cutting initiatives. CLF repurchased 7.5 million shares and reduced debt by over $200 million. The company lowered its full-year 2024 capital expenditures forecast and expects further cost reductions in Q3.

Portfolio Pulse from Adam Eckert

July 22, 2024 | 8:29 pm

MEDP

Medpace Holdings shares are trading lower after the company reported mixed Q2 financial results and narrowed its FY24 revenue guidance with its midpoint below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:28 pm

FUNC

First United (NASDAQ:FUNC) reported Q2 2024 GAAP EPS of $0.75, beating the analyst consensus estimate of $0.66 by 13.64%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:27 pm

SAP

SAP shares are trading higher after the company reported Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:26 pm

NECB

NorthEast Community Bancorp (NECB) reported its Q2 2024 GAAP EPS at $0.97.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:23 pm

KREF

KKR Real Estate Finance (NYSE:KREF) reported Q2 2024 adjusted EPS of $(1.57), beating the $(1.67) estimate. Sales were $40.433M, surpassing the $36.820M estimate. Despite beating estimates, EPS and sales decreased significantly year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:23 pm

FEIM

Frequency Electronics reported a significant increase in Q4 EPS to $0.28 from $0.03 year-over-year, with revenue rising to approximately $15.6 million from $13.0 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:21 pm