Streetbeat News

Earnings

BSM

Black Stone Minerals (NYSE:BSM) reported Q2 earnings of $0.35 per share, missing the analyst consensus estimate of $0.37 by 5.41%. This is a 40.68% decrease from the same period last year. However, the company reported quarterly sales of $117.00 million, beating the analyst consensus estimate of $116.33 million by 0.58%. This is a 35.13% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 31, 2023 | 10:00 pm

AMRC

KFRC

LASE

TREX

WATT

WWD

In Monday's after-market session, several industrials stocks saw significant movement. Gainers included Woodward (WWD), Laser Photonics (LASE), Trex Co (TREX), JanOne (JAN), Applied UV (AUVI), and Hyzon Motors (HYZN). Losers included Kforce (KFRC), Energous (WATT), Ameresco (AMRC), TD Hldgs (GLG), SKYX Platforms (SKYX), and Ultralife (ULBI). Earnings reports were a common factor in these movements.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:56 pm

ANET

CLRO

DV

HLIT

INST

KERN

MPWR

RMBS

RTC

SOBR

VERB

ZENV

Several IT stocks experienced significant movement in Monday's after-market session. Arista Networks (ANET) saw an 11.8% increase, while Harmonic (HLIT) fell by 14.1%. Other notable movers include Akerna (KERN), Sobr Safe (SOBR), Verb Tech (VERB), ClearOne (CLRO), Baijiayun Group (RTC), Zenvia (ZENV), Rambus (RMBS), DoubleVerify Hldgs (DV), Instructure Hldgs (INST), and Monolithic Power Systems (MPWR). Q2 earnings reports were released for several of these companies.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:53 pm

RMBS

Rambus reported Q2 earnings of $1.51 per share, beating the analyst consensus estimate of $0.39 by 287.18%. This is a 387.1% increase from the same period last year. However, the company's quarterly sales of $119.83 million missed the analyst consensus estimate of $137.98 million by 13.15%, a 1.07% decrease from last year.

Portfolio Pulse from vinayak@benzinga.com

July 31, 2023 | 9:51 pm

FRHLF

Freehold Royalties reported Q2 earnings of $0.12 per share, a 65.71% decrease from $0.35 per share YoY. The company's sales also decreased by 35.47% to $54.86 million from $85.02 million YoY.

Portfolio Pulse from mahesh@benzinga.com

July 31, 2023 | 9:50 pm

ARI

Apollo Comml Real Est (NYSE:ARI) reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.41 by 12.2%. However, the company's quarterly sales of $62.96 million missed the analyst consensus estimate of $71.11 million by 11.47%.

Portfolio Pulse from sunil@benzinga.com

July 31, 2023 | 9:49 pm

TREX

Trex Co shares are trading higher following the company's strong Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:48 pm

WWD

Woodward Inc. reported better-than-expected Q3 results and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:48 pm

ANET

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

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:46 pm

ZI

ZoomInfo's shares are trading lower following the company's issuance of weak guidance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:46 pm