Streetbeat News

Earnings

ONON

On Holding AG has increased its FY23 revenue outlook, expecting sales to reach CHF1.76B, implying a Y/Y growth rate of 44%. The company maintains its previous outlook on gross profit margin and adjusted EBITDA margin of 58.5% and 15.0% respectively.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 9:43 am

ONON

On Holding (NYSE:ONON) reported Q2 adjusted earnings of $0.04 per share, missing the analyst consensus estimate of $0.13 by 69.23%. This is a 73.33% decrease from the same period last year. The company also reported quarterly sales of $444.30 million, missing the analyst consensus estimate of $463.07 million by 4.05%. However, this is a 46.89% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 9:30 am

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SLGC

Home Depot, SomaLogic, Agilent Technologies, GEE Group, and H&R Block are the stocks to watch heading into Tuesday. Home Depot is expected to post quarterly earnings of $4.46 per share on revenue of $42.25 billion. SomaLogic reported better-than-expected Q2 results. Agilent Technologies is expected to have earned $1.37 per share on revenue of $1.66 billion. GEE Group posted upbeat Q3 earnings and announced a cooperation agreement with Red Oak Partners. H&R Block is expected to report quarterly earnings of $1.89 per share on revenue of $1.01 billion.

Portfolio Pulse from Lisa Levin

August 15, 2023 | 9:11 am

HUIZ

Huize Holding has revised its FY23 adjusted net profit outlook upwards from RMB50 million to not less than RMB60 million, based on better-than-expected results in H1 2023 and current market conditions. The forecast is subject to change due to market uncertainties.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 9:10 am

HUIZ

Huize Holding (NASDAQ:HUIZ) reported Q2 sales of $50.80 million, a 37.08% increase from $37.06 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 9:05 am

TME

Tencent Music Enter Gr (NYSE:TME) reported Q2 earnings of $0.11 per share, missing the analyst consensus estimate of $0.14 by 21.43%. The company also reported quarterly sales of $1.00 billion, missing the analyst consensus estimate of $1.03 billion by 2.33%. This represents a 22.22% increase in earnings but a 2.52% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 9:03 am

GBNH

Greenbrook TMS (NASDAQ:GBNH) reported Q2 losses of $(0.30) per share, missing the analyst consensus estimate of $(0.29) by 3.45%. The company also reported quarterly sales of $18.35 million, missing the analyst consensus estimate of $19.15 million by 4.19%. However, both figures represent an increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:46 am

LLAP

Terran Orbital (NYSE:LLAP) reported Q2 losses of $(0.18) per share, beating the analyst consensus estimate of $(0.24) by 25 percent. However, the company's quarterly sales of $32.23 million missed the analyst consensus estimate of $36.03 million by 10.54 percent.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:41 am

SDRL

Seadrill (NYSE:SDRL) has reported its Q2 earnings with an EPS of $1.16 and sales of $414.00 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:38 am

MYNZ

Mainz Biomed reported Q2 losses of $(0.56) per share and sales of $248.94K.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:36 am