Streetbeat News

Earnings

AAPL

AMZN

DIS

NFLX

PARA

ROKU

Roku and Paramount Global reported Q2 earnings that beat Wall Street estimates, causing their shares to rise by 25% and 7% respectively. Roku's sales expanded 11% YoY to $847 million, despite a GAAP loss of $108 million. Paramount's revenue was $7.62 billion, beating estimates of $7.43 billion, but it made an operating loss of $250 million. The Walt Disney Company is under pressure as it prepares to report its Q3 earnings amid a challenging year.

Portfolio Pulse from Upwallstreet

August 09, 2023 | 2:16 pm

MQ

Marqeta Inc (NASDAQ:MQ) reported mixed Q2 financial results, with losses of 11 cents per share, 10% below the estimated loss. However, sales surpassed estimates by 5.37% at $231.0 million, a 23.74% rise YoY. Gross profit rose 8% YoY to $85 million, driven by TPV growth. Net loss increased by $14 million to $59 million due to higher compensation & benefits related to restructuring charges and post-combination compensation. Total Processing Volume surged 33% YoY to $54 billion. Adjusted EBITDA improved by $11 million YoY, reaching $1 million.

Portfolio Pulse from Henry Khederian

August 09, 2023 | 2:16 pm

EC

Ecopetrol's Q2 financial results show a year-over-year decrease, leading to a drop in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:15 pm

HMC

Honda Motor Co reported better-than-expected Q1 results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

August 09, 2023 | 2:14 pm

TOST

Toast, Inc. (NYSE:TOST) reported mixed Q2 results, missing EPS estimates but beating revenue estimates. The company also issued Q3 and FY 2023 revenue guidance above estimates. Analysts from Piper Sandler and Credit Suisse maintained their ratings and raised price targets for TOST. The stock is trading higher on above-average volume.

Portfolio Pulse from Erica Kollmann

August 09, 2023 | 2:12 pm

BCO

The Brink's Co (NYSE:BCO) reported Q2 2023 revenue growth of 7% Y/Y to $1.22 billion, beating the consensus of $1.21 billion. However, adjusted EPS fell 12% Y/Y to $1.18, missing the consensus of $1.33. The company reaffirmed its FY23 outlook. BCO shares are trading lower by 8.9%.

Portfolio Pulse from Lekha Gupta

August 09, 2023 | 2:11 pm

NPCE

Neuroplace reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:11 pm

KVHI

KVH Industries reported worse-than-expected Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:10 pm

SALM

Salem Media Group reported worse-than-expected Q2 earnings per share (EPS) results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:10 pm

RYAM

Rayonier Advanced Materials (RYAM) reported worse-than-expected Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 2:09 pm