Streetbeat News

Earnings

VECO

Veeco Instruments (NASDAQ:VECO) reported Q2 earnings of $0.36 per share, beating the analyst consensus estimate of $0.30 by 20%. This is a 2.86% increase from the same period last year. The company also reported quarterly sales of $161.64 million, beating the analyst consensus estimate of $157.50 million by 2.63%. However, this is a 1.44% decrease from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 07, 2023 | 8:31 pm

CLAR

Clarus Corporation (NASDAQ:CLAR) reported Q2 earnings of $0.11 per share, missing the analyst consensus estimate of $0.14 by 21.43%. This is a 66.67% decrease from the same period last year. The company also reported quarterly sales of $83.73 million, missing the analyst consensus estimate of $91.92 million by 8.91%. This is a 27.15% decrease from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 07, 2023 | 8:30 pm

AEL

American Equity Inv (NYSE:AEL) reported Q2 earnings of $1.62 per share, missing the analyst consensus estimate of $1.65 by 1.82%. The company also reported quarterly sales of $542.68 million, missing the analyst consensus estimate of $555.03 million by 2.22%. This represents a 65.31% increase in earnings but an 8.38% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:29 pm

CPTN

Cepton (NASDAQ:CPTN) reported Q2 losses of $(0.08) per share, missing the analyst consensus estimate of $(0.07) by 14.29%. The company also reported quarterly sales of $2.79 million, missing the analyst consensus estimate of $3.30 million by 15.55%. However, both figures represent an increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 07, 2023 | 8:29 pm

FSK

FS KKR Capital reported Q2 earnings of $0.78 per share, beating the analyst consensus estimate of $0.76 by 2.63%. This is a 16.42% increase from the same period last year. The company also reported quarterly sales of $462.00 million, beating the analyst consensus estimate of $449.67 million by 2.74%. This is a 21.90% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:28 pm

OKE

ONEOK has raised its 2023 net income midpoint guidance from $2.41 billion to $2.49 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:28 pm

PRME

Prime Medicine (NASDAQ:PRME) reported Q2 losses of $(0.47) per share.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:27 pm

OKE

ONEOK (NYSE:OKE) reported Q2 earnings of $1.04 per share, beating the analyst consensus estimate of $1.00 by 4 percent. This represents a 13.04 percent increase over earnings of $0.92 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:26 pm

CRSP

CRISPR Therapeutics reported Q2 earnings per share of $(0.98), beating the analyst consensus estimate of $(2.12) by 53.77%. The company also reported quarterly sales of $70.00 million, surpassing the analyst consensus estimate of $1.71 million by 3.99K%. This represents a significant increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:26 pm

LCID

Lucid Group reported Q2 earnings with revenue of $150.9 million, missing the Street estimate of $201.9 million, and a loss of 40 cents per share, also missing the estimate of a loss of 35 cents. The company delivered 1,404 vehicles in Q2 and ended the quarter with $6.25 billion in total liquidity. Lucid plans to start production of the Lucid Air Sapphire and the Lucid Air Pure Real Wheel Drive in mid-September and aims to manufacture 10,000 vehicles in 2023.

Portfolio Pulse from Chris Katje

August 07, 2023 | 8:25 pm