Streetbeat News

Earnings

TXG

10x Genomics (NASDAQ:TXG) reported Q1 2024 GAAP EPS of $(0.50), missing the $(0.48) estimate, with sales of $141.006M also missing the $142.245M estimate. This represents a 13.64% decrease in EPS and a 5.01% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:11 pm

SBUX

Starbucks reported a 4% decline in Q2 global comparable store sales and a contraction of 150 basis points in its non-GAAP operating margin.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:10 pm

EIX

Edison International projects its FY24 Core EPS to be in the range of $4.75-$5.05, compared to the estimated $4.94.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:10 pm

MATX

Matson anticipates its Q2 2024 Ocean Transportation Operating Income to exceed the figures recorded in Q2 2023, signaling a positive outlook for the company's financial performance in the ocean transportation segment.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:09 pm

HURN

Huron Consulting Group (HURN) reported Q1 2024 adjusted EPS of $0.36, missing the $0.89 estimate by 59.55%, and a 58.62% decrease from last year's $0.87. Sales were $355.961M, beating the $351.014M estimate by 1.41%, and marking an 11.97% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:09 pm

MATX

Matson expects FY24 Ocean Transportation operating income to exceed $294.8M from 2023, with a moderate increase in Q2 2024. Logistics operating income for Q1 2024 was $9.3M, down from 2023, with a forecasted decrease for FY24 due to market softness. Consolidated operating income for FY24 is anticipated to be slightly higher than $342.8M from 2023, with depreciation and amortization at $180M. Interest income is expected to rise to $45M, partly due to a $10.2M federal tax refund. Interest expense is projected at $8M, with other income at $7M. The effective tax rate for FY24 is estimated at 22%. Capital expenditures for FY24 are expected between $110M-$120M, with additional investments in new vessel construction and LNG installations.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:09 pm

PINS

Pinterest shares surged after the company reported strong Q1 earnings and provided optimistic guidance for Q2.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:09 pm

SBUX

Starbucks shares are trading lower due to weaker-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:09 pm

MCY

Mercury General (NYSE:MCY) reported Q1 2024 adjusted earnings of $0.78 per share, significantly beating the consensus estimate of $0.12. Quarterly sales reached $1.274 billion, surpassing the $1.236 billion estimate and marking a 15.09% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:08 pm

DENN

Denny's reported Q1 2024 adjusted EPS of $0.11, missing the $0.14 estimate, with sales of $110.00M also missing the $115.16M estimate, marking a 6.36% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:08 pm