Streetbeat News

Earnings

RNGR

Ranger Energy Services has projected a free cash flow conversion of 60% for the fiscal year 2023.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:24 pm

DO

Diamond Offshore Drilling (NYSE:DO) reported Q2 earnings of $2.29 per share, beating the analyst consensus estimate of $(0.11) by 2181.82 percent. This is a 1140.91 percent increase over losses of $(0.22) per share from the same period last year. However, the company's quarterly sales of $281.56 million missed the analyst consensus estimate of $289.00 million by 2.57 percent.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 9:23 pm

AMEH

Apollo Medical Holdings has projected its FY23 earnings per share (EPS) to be between $0.95 and $1.20, compared to the estimated $1.16. The company also expects its revenue to range from $1.3 billion to $1.5 billion, against the estimated $1.38 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:21 pm

MRVI

Marvai Lifesciences has projected its FY23 adjusted EPS to be between $0.04 and $0.08, which is significantly lower than the estimated $0.29. The company also expects its revenue to be between $300M and $325M, falling short of the estimated $403.92M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:21 pm

HLIO

Helios Technologies has revised its 2023 outlook downwards due to the pull forward of capacity investments in response to increasing customer demand for 2024 and beyond. The company also cites lower near-term visibility in the Asia-Pacific region and recent facility impacts as reasons for the adjustment.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:21 pm

MNKD

MannKind Corporation reported Q2 sales of $48.61 million, beating the analyst consensus estimate of $42.03 million by 15.66 percent. This represents a 157.28 percent increase over sales of $18.89 million in the same period last year.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 9:20 pm

HLIO

Helios Technologies has reduced its FY23 Non-GAAP Cash EPS forecast from $3.95-$4.10 to $3.04-$3.12, which is below the consensus of $3.73.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:19 pm

AMEH

Apollo Medical Hlgs (NASDAQ:AMEH) reported Q2 earnings of $0.28 per share, in line with analyst consensus. This is a 12% increase YoY. The company also reported quarterly sales of $348.21M, beating the analyst consensus of $341.10M by 2.08%, a 29.11% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:18 pm

HLIO

Helios Technologies has reduced its FY23 consolidated revenue forecast from $910M-$940M to $880M-$900M, which is below the consensus estimate of $916.93M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:18 pm

WTRG

Essential Utilities (NYSE:WTRG) reported Q2 earnings of $0.34 per share, in line with analyst consensus. This is a 9.68% increase YoY. However, the company's quarterly sales of $436.70M missed the analyst consensus estimate of $467.99M by 6.69%, marking a 2.69% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 9:16 pm