Streetbeat News

Earnings

SHCR

Sharecare has projected its Q3 2023 revenue to be between $111M and $113M, which is in line with the estimated $112.81M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:05 am

WEN

Wendy's has affirmed its FY2023 adjusted EPS guidance of $0.95-1.00, in line with the $0.98 estimate. The company expects global systemwide sales growth of 6-8%, adjusted EBITDA of $530-540 million, cash flows from operations of $340-360 million, capital expenditures of $75-85 million, and free cash flow of $265-275 million. Wendy's maintains its long-term outlook for 2024-2025, expecting mid-single digit systemwide sales growth and high-single to low-double digit free cash flow growth.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:05 am

PYPD

PolyPid reported Q2 losses of $(0.13) per share, a 78.69% increase over losses of $(0.61) per share from the same period last year. The company's cash and cash equivalents and deposits of $15.1M will be sufficient to fund operations into late Q1 of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:05 am

AVNS

Avanos Medical (NYSE:AVNS) reported Q2 adjusted earnings of $0.24 per share, missing the analyst consensus estimate of $0.30 by 20%. This is a 41.46% decrease from the same period last year. The company also reported quarterly sales of $169.40 million, missing the analyst consensus estimate of $186.22 million by 9.03%. This is a 16.55% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

KPLT

Katapult (KPLT) expects its Q3 gross originations to grow by 14-16%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

ECX

ECARX Holdings (NASDAQ:ECX) reported Q2 losses of $(24.30) per share, missing the analyst consensus estimate of $(0.11) by 21990.91 percent. However, the company's quarterly sales of $131.40 million beat the analyst consensus estimate of $130.78 million by 0.47 percent.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

RMBL

RumbleON (NASDAQ:RMBL) reported Q2 earnings of $0.02 per share, missing the analyst consensus estimate of $0.22 by 90.91%. This is a 98.33% decrease from the same period last year. The company also reported quarterly sales of $382.73 million, missing the analyst consensus estimate of $408.14 million by 6.23%, a 29.92% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

SHCR

Sharecare (NASDAQ:SHCR) reported Q2 earnings per share (EPS) of $(0.08), beating the analyst consensus estimate of $(0.09) by 11.11%. This is a 300% decrease from the same period last year. The company also reported quarterly sales of $110.40 million, beating the analyst consensus estimate of $109.77 million by 0.57%. This is a 6.33% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

KPLT

Katapult Holdings (NASDAQ:KPLT) reported Q2 losses of $(1.09) per share, beating the analyst consensus estimate of $(2.25) by 51.56%. This is a 990% decrease over losses from the same period last year. The company also reported quarterly sales of $54.57 million, beating the analyst consensus estimate of $53.70 million by 1.62%, a 2.89% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am

WEN

Wendy's reported Q2 earnings of $0.28 per share, beating the analyst consensus estimate of $0.27 by 3.7%. However, the company's quarterly sales of $561.57 million missed the analyst consensus estimate of $566.95 million by 0.95%. This represents a 16.67% increase in earnings and a 4.42% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:04 am