Streetbeat News

Earnings

IMAX

Imax reported Q2 earnings of $0.26 per share, beating the analyst consensus estimate of $0.17 by 52.94%. This is a 271.43% increase from the same period last year. The company also reported quarterly sales of $97.98 million, beating the analyst consensus estimate of $88.03 million by 11.30%. This is a 32.46% increase from the same period last year.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:08 pm

MAT

Mattel has projected its FY23 adjusted EPS to be between $1.10 and $1.20, which is in line with the estimated $1.16.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:08 pm

CCS

Century Communities (NYSE:CCS) reported Q2 earnings of $1.60 per share, beating the analyst consensus estimate of $0.97 by 64.95%. However, this is a 66.53% decrease from the same period last year. The company also reported quarterly sales of $844.19 million, beating the analyst consensus estimate of $721.37 million by 17.03%, but this is a 27.60% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:07 pm

META

Meta Platforms Inc. has reported a 7% increase in its Q2 2023 Family Daily Active People, reaching 3.07 billion.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:07 pm

META

Meta Platforms Inc. has revised its full-year 2023 total expenses forecast to $88-91 billion, up from the previous estimate of $86-90 billion. The increase is attributed to legal-related expenses recorded in the second quarter of 2023.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:07 pm

META

Meta Platforms Inc. reported that Facebook's daily active users have increased by 5% to 2.06 billion.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:06 pm

META

Meta Platforms Inc. has projected its Q3 revenue to be between $32 billion and $34.5 billion, which is significantly higher than the estimated $28.29 billion.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:06 pm

CVLG

Covenant Logistics Gr (NASDAQ:CVLG) reported Q2 earnings of $1.07 per share, beating the analyst consensus estimate of $0.95 by 12.63%. However, this is a 34.36% decrease from the same period last year. The company also reported quarterly sales of $274.02 million, beating the estimate of $269.90 million by 1.53%, but this is a 13.66% decrease from last year.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:06 pm

EBAY

eBay reported Q2 adjusted earnings of $1.03 per share, beating the analyst consensus estimate of $0.99 by 4.04%. The company's quarterly sales were $2.54 billion, surpassing the analyst consensus estimate of $2.51 billion by 1.20%. Both earnings and sales showed an increase compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:06 pm

ATEN

A10 Networks (NYSE:ATEN) reported Q2 earnings of $0.19 per share, beating the analyst consensus estimate of $0.17 by 11.76%. The company also reported quarterly sales of $65.82 million, surpassing the analyst consensus estimate of $65.12 million by 1.07%. However, this represents a 3.17% decrease in sales compared to the same period last year.

Portfolio Pulse from totan@benzinga.com

July 26, 2023 | 8:06 pm