Streetbeat News

Earnings

CHMG

Chemung Financial (NASDAQ:CHMG) reported Q2 earnings per share (EPS) of $1.05, missing the analyst consensus estimate of $1.12 by 6.25%. This represents a 21.05% decrease from the $1.33 EPS reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:35 pm

KARO

Karooooo reported a 15% increase in Q1 subscription revenue, reaching ZAR964 million.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:33 pm

GBCI

Glacier Bancorp (NYSE:GBCI) reported Q2 2024 earnings per share (EPS) of $0.39, beating the analyst estimate of $0.37. However, sales of $166.478 million missed the $179.901 million estimate. EPS decreased by 22% year-over-year, and sales decreased by 3.20% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:32 pm

SPFI

South Plains Financial (NASDAQ:SPFI) reported Q2 2024 earnings per share (EPS) of $0.66, surpassing the analyst consensus estimate of $0.58 by 13.79%. The company also reported quarterly sales of $48.597 million, beating the estimate of $46.527 million by 4.45%. However, this represents a 40.71% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:32 pm

NEE

Financial giants have shown a bullish sentiment towards NextEra Energy (NYSE:NEE) with 60% of options trades being bullish. The stock is currently trading at $71.67 with a 1.09% increase. Analysts have set an average price target of $82.25, with ratings ranging from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 8:31 pm

CRSR

Corsair shares are trading lower after the company reported preliminary financial results below estimates.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:30 pm

AMK

AssetMark Financial Holdings reported Q2 2024 sales of $198.491 million, significantly beating the estimated $152.099 million.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:30 pm

CRSR

Corsair Gaming announced preliminary Q2 revenue of approximately $261 million, significantly below the estimated $319.977 million.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:30 pm

AMK

AssetMark Financial Holdings (NYSE:AMK) reported Q2 2024 adjusted earnings per share (EPS) of $0.66, which met analyst expectations and represented a 20% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:28 pm

NFLX

Netflix reported strong Q2 earnings with revenue and EPS beating estimates. The company saw significant growth in ad-supported memberships and announced a new 'Squid Game' multiplayer game. However, Netflix shares fell 3% in after-hours trading.

Portfolio Pulse from Chris Katje

July 18, 2024 | 8:27 pm