Streetbeat News

Earnings

ARW

Arrow Electronics reported a miss in Q2 sales and provided weak Q3 guidance, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:42 pm

FSR

Fisker (NYSE:FSR) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $-0.31. The company's past performance shows a pattern of missing EPS estimates, but this has sometimes been followed by an increase in share price. Fisker's shares were trading at $6.27 as of August 2, with a 52-week decrease of 36.71%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:42 pm

HOOD

Robinhood Markets reported its Q2 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:42 pm

H

Hyatt Hotels Corp reported Q2 FY23 sales growth of 15% YoY to $1.71 billion, beating the analyst consensus of $1.65 billion. However, its adjusted EPS of $0.82 missed the analyst consensus of $0.83. The company repurchased 969,000 shares for $108 million in Q2 and had a consolidated debt of $3.1 billion at the end of Q2. Hyatt's shares are trading lower by 8.4% at $112.02.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 1:42 pm

FSLY

Fastly's shares are trading higher after the company reported strong Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:41 pm

TIXT

TELUS Intl (NYSE:TIXT) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.15. The company's past performance shows a trend of share price changes following earnings reports. The company's shares are currently trading at $8.97, down 69.71% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:41 pm

AMR

Alpha Metallurgical (NYSE:AMR) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an EPS of $9.32. The company's past performance shows it beat EPS estimates last quarter, resulting in a 0.64% increase in share price. The stock is currently trading at $170.6, up 29.83% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:41 pm

AMGN

CTLT

REGN

Regeneron Pharmaceuticals Inc's Q2 adjusted EPS rose 5% Y/Y to $10.24, beating the $9.92 Street estimate. Revenues increased 11% Y/Y to $3.16 billion, beating the consensus of $3.01 billion. However, Eylea U.S. net sales decreased by 7% to $1.5 billion due to increased competition. The FDA is reviewing Regeneron's aflibercept 8 mg Biologics License application and requires additional data from Catalent Inc. The U.S. Supreme Court ended a patent dispute related to Praluent, ruling that Amgen Inc's asserted U.S. PCSK9 patent claims were invalid.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 1:41 pm

PAGP

Plains GP Holdings (NASDAQ:PAGP) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $0.14. The company's past performance shows a mixed trend of beating and missing EPS estimates. The stock price has seen varied changes post-earnings announcements. The shares were trading at $15.19 as of August 2, with a 52-week return of 35.65%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:41 pm

BOOT

Boot Barn Holdings reported strong Q1 results and provided robust FY24 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:41 pm