Streetbeat News

Earnings

TT

Trane Technologies (NYSE:TT) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $2.55. The company's past performance shows a pattern of beating EPS estimates, but this has not always led to an immediate increase in share price. The stock is currently trading at $199.44, up 32.85% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:06 am

MCK

McKesson (NYSE:MCK) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $5.88. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. McKesson's shares were trading at $402.4 as of July 31, with a 23.53% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:06 am

HOOD

Robinhood Markets (NASDAQ:HOOD) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $-0.02. The company's past performance shows a pattern of beating EPS estimates, which has often led to an increase in share price. Currently, shares are trading at $12.86, up 22.89% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:05 am

WCN

Waste Connections (NYSE:WCN) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $1.01. The company's past performance shows a pattern of share price changes following earnings reports. The stock was trading at $141.17 as of July 31, with a 52-week increase of 5.66%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:05 am

CENT

Central Garden & Pet (NASDAQ:CENT) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $1.45. The company's past performance shows a mixed trend of beating and missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $40.48, down 5.78% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:00 am

BP

BP plc (NYSE:BP) reported Q2 FY23 sales and revenues of $48.54 billion, a 28.5% decline YoY, missing the consensus of $54.48 billion. Production was down 2.2% YoY. The company's underlying RC profit per ADS was $0.89, missing the consensus of $1.21. However, BP raised its dividend by 10% and completed $2.1 billion of share buybacks. The company expects both reported and underlying upstream production to be higher compared with 2022.

Portfolio Pulse from Akanksha Bakshi

August 04, 2023 | 8:07 am

SIRI

Sirius XM Holdings Inc reported flat Q2 FY23 revenue of $2.25 billion, in line with consensus. Subscriber revenue remained flat at $1.73 billion, while advertising revenue decreased by 1.5% to $445 million. Self-pay subscribers decreased by 132,000 to 34 million. The company's gross margin was flat at 61%, while Pandora segment advertising revenue decreased 1% to $400 million. The company reiterated its FY23 revenue outlook of $9.0 billion.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 8:07 am

BTCUSD

COIN

ETHUSD

Coinbase's overseas futures exchange recorded nearly $2 billion in volumes for July. The exchange was launched with two contracts, Bitcoin and Ether perpetual futures. In July, Bitcoin futures volumes exceeded $550 billion. Coinbase's new market constitutes a minor segment of the broader crypto futures market. Monthly volumes for Coinbase International's Ether contract reached $770 million in July.

Portfolio Pulse from Murtuza Merchant

August 01, 2023 | 3:30 pm

ANET

Arista Networks Inc's shares are trading higher after the company reported better-than-expected Q2 financial results, with a 38.7% YoY increase in revenue to $1.459 billion, beating the consensus estimate of $1.38 billion. The company also reported quarterly earnings of $1.58 per share, surpassing analyst estimates of $1.44 per share. Several analysts have raised their price targets on the stock following these results.

Portfolio Pulse from Adam Eckert

August 01, 2023 | 3:29 pm

ANET

Arista Networks reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 3:21 pm