Streetbeat News

Earnings

W

Wayfair (NYSE:W) reported Q2 2024 earnings per share of $0.47, missing the analyst estimate of $0.49. Sales were $3.117 billion, also below the $3.179 billion estimate and down 1.70% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

SIRI

Sirius XM Holdings (NASDAQ:SIRI) reported Q2 2024 earnings per share (EPS) of $0.08, beating the analyst estimate of $0.07. However, the company's sales of $2.178 billion missed the estimate of $2.195 billion and were down 3.20% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

WW

WW International (NASDAQ:WW) reported Q2 sales of $202.1 million, missing the analyst consensus estimate of $208.869 million by 3.24%. This represents a 10.90% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

SHAK

Shake Shack (NYSE:SHAK) reported Q2 earnings of $0.27 per share, meeting analyst expectations and showing a 50% increase from last year. Quarterly sales of $316.50 million beat estimates by 0.61% and increased by 16.44% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

CROX

Crocs (NASDAQ:CROX) reported Q2 2024 adjusted EPS of $4.01, beating the estimate of $3.56. Sales were $1.112 billion, surpassing the $1.102 billion estimate and showing a 3.69% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

RACE

Ferrari reported its Q2 2024 adjusted EPS at €2.29, surpassing the estimated €2.07.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

BIIB

Biogen has updated its 2024 financial guidance, expecting adjusted EPS of $15.75-$16.25, an improvement from prior guidance. The company anticipates a low-single digit percentage decline in total revenue, with core pharmaceutical revenue remaining flat. Operating income is expected to grow at a mid- to high-teen percentage, driven by improved cost of sales and lower operating expenses.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

COP

ConocoPhillips (NYSE:COP) reported Q2 2024 adjusted earnings per share (EPS) of $1.98, surpassing the analyst consensus estimate of $1.96. This represents a 7.61% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:01 am

TRN

Trinity Industries (NYSE:TRN) reported strong Q2 2024 earnings, with adjusted EPS of $0.66 beating the $0.34 estimate and sales of $841.4M surpassing the $769.4M estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:00 am

AME

AMETEK has revised its FY24 sales growth forecast to 5%-7%, down from the previous expectation of low double digits. The company also lowered its adjusted EPS forecast to $6.70-$6.80, compared to the prior range of $6.74-$6.86, with an estimate of $6.84.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:00 am