Streetbeat News

Earnings

ALK

Alaska Air Gr (NYSE:ALK) reported Q2 earnings of $3.00 per share, beating the analyst consensus estimate of $2.70 by 11.11%. This is a 36.99% increase from the same period last year. The company also reported quarterly sales of $2.84 billion, beating the analyst consensus estimate of $2.77 billion by 2.53%. This is a 6.85% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:04 am

SPOT

Spotify's Q2 report shows a 17% YoY increase in premium subscribers, reaching 220 million.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:04 am

DHR

Danaher Corporation (DHR) has projected its Q3 non-GAAP base business core revenue to decrease by low-single digits year-over-year. However, for FY23, the company expects the same metric to increase by low-single digits year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:03 am

PEBO

Peoples Bancorp (NASDAQ:PEBO) reported Q2 earnings of $0.64 per share, missing the analyst consensus estimate of $0.76 by 15.79%. This is a 28.89% decrease from the same period last year. However, the company reported quarterly sales of $105.87 million, beating the analyst consensus estimate of $101.67 million by 4.13%, a 29.96% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:03 am

PII

Polaris (NYSE:PII) reported Q2 adjusted earnings of $2.42 per share, beating the analyst consensus estimate of $2.21 by 9.5%. The company also reported quarterly sales of $2.22 billion, surpassing the analyst consensus estimate of $2.14 billion by 3.55%. This represents a 7.42% increase over sales of $2.06 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:03 am

ST

Sensata Technologies reported Q2 adjusted earnings of $0.97 per share, beating the analyst consensus estimate of $0.94 by 3.19%. This is a 16.87% increase over earnings of $0.83 per share from the same period last year. The company also reported quarterly sales of $1.06 billion, beating the analyst consensus estimate of $1.03 billion by 3.11%. This is a 4.02% increase over sales of $1.02 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:02 am

SPOT

Spotify's Q2 total revenue was $3.177 billion, an increase of 11% year-over-year. The company also reported a 27% YoY increase in total monthly active users (MAUs), reaching 551 million.

Portfolio Pulse from Bill Haddad

July 25, 2023 | 10:02 am

DHR

Danaher Corporation (NYSE:DHR) reported Q2 earnings of $2.05 per share, beating the analyst consensus estimate of $2.01 by 1.99%. However, this is a 25.72% decrease from the same period last year. The company also reported quarterly sales of $7.16 billion, beating the analyst consensus estimate of $7.11 billion by 0.66%, but this is a 7.66% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:01 am

DOW

Dow (NYSE:DOW) reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.70 by 7.14%. However, this is a 67.53% decrease from the same period last year. The company also reported quarterly sales of $11.42 billion, beating the estimate of $11.27 billion by 1.33%, but this is a 27.09% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 10:01 am

LOGI

Logitech International S.A. (NASDAQ: LOGI) reported Q1 FY24 revenue of $974.5 million, exceeding the consensus of $912.3 million, despite a 16% Y/Y decrease. Sales in various categories fell, with the largest decrease in Keyboards & Combos sales (21% Y/Y). Adjusted EPS of $0.65 beat the consensus of $0.45. The company revised its H1 FY24 guidance upwards and announced a new, three-year share buyback program of up to $1 billion. LOGI shares are trading higher by 6.54% premarket.

Portfolio Pulse from Lekha Gupta

July 25, 2023 | 9:50 am