Streetbeat News

Earnings

SPCE

Virgin Galactic Hldgs (NYSE:SPCE) reported Q2 EPS of $(0.46), beating the analyst consensus estimate of $(0.51) by 9.8%. The company also reported quarterly sales of $1.87M, beating the analyst consensus estimate of $1.26M by 48.49%. This represents a 424.09% increase over sales from the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 04, 2023 | 10:36 am

SFM

Sprouts Farmers Market (NASDAQ:SFM) reported Q2 earnings of $0.71 per share, beating the analyst consensus estimate of $0.63 by 12.7%. This is a 24.56% increase from the same period last year. The company also reported quarterly sales of $1.69 billion, in line with analyst estimates, marking a 6.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:36 am

TRTX

TPG RE Finance Trust (NYSE:TRTX) reported Q2 losses of $(0.18) per share, missing the analyst consensus estimate of $0.16 by 212.5%. This is a 166.67% decrease from the same period last year. However, the company reported quarterly sales of $32.63 million, beating the analyst consensus estimate of $26.82 million by 21.68%, but still a 15.55% decrease from last year.

Portfolio Pulse from mahesh@benzinga.com

August 04, 2023 | 10:36 am

CMTG

Claros Mortgage Trust (NYSE:CMTG) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $0.30 by 133.33%. This is a 123.26% decrease from the same period last year. The company also reported quarterly sales of $80.92 million, missing the analyst consensus estimate of $80.99 million by 0.08%. However, this is a 16.88% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 04, 2023 | 10:36 am

EA

Shares of Electronic Arts (EA) are trading lower following the release of the company's Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:36 am

IDXX

IDEXX Laboratories Inc reported Q2 FY23 sales of $943.63 million, beating the consensus of $927.84 million. The company also raised its FY23 revenue guidance from $3.615 billion-$3.70 billion to $3.66 billion-$3.715 billion. William Blair analysts reaffirmed the resilience of the global animal health market and maintained an Outperform rating for the stock. However, IDXX shares closed down by 4.04% at $532.30 on Tuesday.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 10:35 am

SBUX

Starbucks shares are trading lower after the company reported mixed Q3 results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

ENLC

EnLink Midstream (ENLC) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.11 by 9.09%. However, this is a 29.41% decrease from the same period last year. The company's quarterly sales of $1.53 billion missed the analyst consensus estimate of $1.91 billion by 20.02%, marking a 41.18% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

HY

Hyster-Yale Materials Handling, Inc. (HY) anticipates a decrease in Q3 operating profit compared to Q2. However, the company expects Q4 results to significantly improve over Q3.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

AMD

AMD reported strong Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am