Streetbeat News

Earnings

AEG

AEGON's shares are trading lower following the release of the company's 1H results.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:57 pm

SGHC

Super Group (SGHC) reported Q2 FY23 revenues of $415.034 million, beating the consensus of $383.05 million. EPS of $0.06 also beat the consensus of $0.02. Revenue growth was driven by Africa, the Middle East, and European markets, offset by declines in North America and Asia-Pacific. Monthly Active Customers increased 40% to 3.7 million. The company exited the quarter with cash and equivalents worth €228.7 million. SGHC shares are trading higher by 14.3% to $3.34.

Portfolio Pulse from Nabaparna Bhattacharya

August 17, 2023 | 2:55 pm

GFI

Gold Fields reported its H1 financial results, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:51 pm

TIVC

Tivic Health Systems, Inc. (NASDAQ:TIVC) shares surged by more than 50% after the company announced the commencement of enrollment for a funded study of its bioelectronic device approach to vagus nerve stimulation. The company also reported Q2 financial results with a revenue of $60 thousand and a net loss of $2.1 million. Last week, TIVC shareholders approved a reverse stock split to regain compliance with the Nasdaq minimum bid price requirement.

Portfolio Pulse from Erica Kollmann

August 17, 2023 | 2:44 pm

GFI

Gold Fields (NYSE:GFI) reported a decrease in its H1 earnings per share (EPS) from $0.56 YoY to $0.51, marking an 8.93% decrease. However, the company's sales increased by 1.57% to $2.27 billion from $2.23 billion YoY.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 2:44 pm

CRGY

LBRT

LNG

MUR

WTI

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: Crescent Energy (CRGY), Liberty Energy (LBRT), Cheniere Energy (LNG), Murphy Oil (MUR), and W&T Offshore (WTI). All five companies have seen a decrease in earnings per share in the most recent quarter, and most have also seen a decrease in their dividend yield.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 2:39 pm

GFI

Gold Fields (NYSE:GFI) reported a decrease in its H1 earnings per share (EPS) to $0.51, down from $0.56 YoY, marking a 8.93% decrease.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 2:38 pm

SRFM

Surf Air Mobility reported its Q2 revenue results and issued FY23 revenue guidance, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 2:36 pm

WING

Wingstop Inc's board of directors has approved a new share repurchase program for up to $250 million of shares, effective immediately. The company plans to fund the repurchases with a combination of existing cash and cash flows from operations. This comes after Wingstop reported a Q2 FY23 sales growth of 27.9% Y/Y to $107.17 million, beating the analyst consensus. The company's board also approved a quarterly dividend increase of 15% to $0.22 per share.

Portfolio Pulse from Shivani Kumaresan

August 17, 2023 | 2:27 pm

HD

TGT

WMT

Walmart Inc (NASDAQ:WMT) reported strong Q2 results, beating Wall Street's profit and revenue estimates and raising its full-year guidance. Revenue was $161.63 billion, net income rose 33% to $7.89 billion, and same-store sales in the U.S. rose 6.4% YoY. Walmart's e-commerce sales rose 2.3%, and its Walmart Connect segment rose 36% YoY. The company expects Q3 sales to expand 3% and full fiscal-year consolidated net sales to rise by 4% to 4.5%.

Portfolio Pulse from Upwallstreet

August 17, 2023 | 2:17 pm