Streetbeat News

Earnings

H

Hyatt Hotels Corporation (NYSE:H) reported mixed Q2 2024 results, missing sales estimates but beating EPS expectations. Analysts have lowered their price targets following the earnings announcement.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 1:17 pm

BL

BlackLine has revised its Q3 adjusted EPS guidance to $0.49-$0.52, below the estimated $0.55. However, the company expects revenue to be between $162M-$164M, which is above the estimated $158.205M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:17 pm

SHOP

Shopify Inc (NYSE:SHOP) reported strong Q2 2024 earnings, with revenue and EPS beating analyst estimates. Revenue grew 21% YoY to $2.05 billion, and adjusted EPS was $0.26. Gross merchandise volume increased 22% YoY to $67.2 billion. The company provided a strong Q3 outlook, expecting revenue growth in the low-to-mid-twenties percentage rate YoY.

Portfolio Pulse from Anusuya Lahiri

August 07, 2024 | 1:14 pm

INTR

Inter & Co shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:12 pm

WMG

Warner Music Group (WMG) reported Q3 2024 GAAP EPS of $0.27, beating the estimate of $0.25. However, sales were $1.554 billion, missing the estimate of $1.564 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:11 pm

TNGX

Tango Therapeutics shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:06 pm

CVS

CVS Health Corp (NYSE:CVS) reported mixed Q2 earnings, missing revenue expectations but beating EPS estimates. The company lowered its 2024 outlook and announced leadership changes in its Health Care Benefits segment. CVS stock has been volatile, with a slight premarket increase.

Portfolio Pulse from Vandana Singh

August 07, 2024 | 1:04 pm

ABNB

Airbnb (NASDAQ:ABNB) reported weaker-than-expected Q2 earnings and issued lower-than-expected Q3 revenue guidance. Despite a 10.63% increase in sales, the company's EPS missed estimates. Analysts have subsequently lowered their price targets for the stock.

Portfolio Pulse from Avi Kapoor

August 07, 2024 | 1:03 pm

SU

Suncor Energy shares are trading higher following better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:03 pm

AZPN

Aspen Technology shares are trading higher after the company reported better-than-expected Q4 financial results and issued strong guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 1:01 pm