Streetbeat News

Earnings

ECPG

Encore Capital Group (NASDAQ:ECPG) reported Q2 2024 GAAP EPS of $1.34, beating the estimate of $1.24. Sales were $355.285M, surpassing the $346.056M estimate and showing a 9.98% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:08 pm

STN

Stantec reported its Q2 2024 adjusted EPS of $1.12, beating the estimate of $1.11. The company also reported sales of $1.5 billion, surpassing the estimate of $1.478 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:07 pm

KNTK

Kinetik has revised its 2024 guidance upwards, now expecting full year Adjusted EBITDA between $940 million and $980 million, a 3% increase at the midpoint versus previous guidance. This implies over 14% Adjusted EBITDA growth year-over-year. The revision follows earnings outperformance, the successful Durango acquisition, and the divestiture of its equity interest in GCX. Capital expenditures are also revised upwards to $260 million to $300 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:07 pm

BBDC

Barings BDC (NYSE:BBDC) reported Q2 2024 adjusted EPS of $0.40, beating the $0.30 estimate by 33.33%. Sales were $74.90M, surpassing the $72.23M estimate by 3.70%, despite a slight year-over-year decrease.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:07 pm

DHX

DHI Group expects its Q3 bookings and revenue to decline by 4%-6% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:07 pm

SKYT

SkyWater Technology (NASDAQ:SKYT) reported Q2 2024 earnings of $0.02 per share, significantly beating the analyst estimate of $(0.11). Sales were $93.329 million, surpassing the $82.900 million estimate. This marks a 150% increase in EPS and a 33.69% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:07 pm

KAR

Openlane (NYSE:KAR) reported Q2 2024 adjusted EPS of $0.19, missing the analyst estimate of $0.21 by 9.52%. However, the company reported sales of $431.8 million, beating the estimate of $429.608 million by 0.51% and marking a 3.57% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:06 pm

OPK

OPKO Health (NASDAQ:OPK) reported Q2 2024 GAAP EPS of $(0.01), beating the analyst estimate of $(0.09) by 88.89%. However, sales of $182.2M missed the $185.19M estimate by 1.61%, marking a 31.35% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:06 pm

KNTK

Kinetik Holdings (NASDAQ:KNTK) reported Q2 earnings per share (EPS) of $0.54, surpassing the analyst estimate of $0.48 by 12.5%. The company's sales were $359.46 million, exceeding the $337.40 million estimate by 6.54%. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:06 pm

ALNT

Allient (NASDAQ:ALNT) reported Q2 2024 earnings of $0.29 per share, missing the analyst estimate of $0.42 by 30.95%. Sales were $136.032M, below the $139.643M estimate and down 7.32% from last year. Earnings also decreased by 50% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:05 pm