Streetbeat News

Earnings

WRBY

Warby Parker (NYSE:WRBY) reported Q2 adjusted earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. This is a 500% increase over losses from the same period last year. The company also reported quarterly sales of $166.09 million, beating the analyst consensus estimate of $162.49 million by 2.22%, a 11.01% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:47 am

NOMD

Nomad Foods reported Q2 adjusted earnings of $0.43 per share, beating the analyst consensus estimate of $0.40 by 8.5%. However, the company's quarterly sales of $808.72 million missed the analyst consensus estimate of $815.20 million by 0.79%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:47 am

TH

Target Hospitality (NASDAQ:TH) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.37 by 18.92%. This is an 83.33% increase from the same period last year. The company also reported quarterly sales of $143.63 million, beating the analyst consensus estimate of $136.13 million by 5.51%. This is a 30.99% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:46 am

BAM

Brookfield Asset Mgmt (NYSE:BAM) reported Q2 earnings of $0.28 per share, missing the analyst consensus estimate of $0.32 by 12.5%. This is a 17.65% decrease from the same period last year. The company also reported quarterly sales of $985.00 million, missing the analyst consensus estimate of $1.10 billion by 10.45%. This is a 95.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:46 am

INSW

International Seaways (NYSE:INSW) reported Q2 adjusted earnings of $3.12 per share, beating the analyst consensus estimate of $2.64 by 18.18%. This is a 118.18% increase from the same period last year. The company also reported quarterly sales of $292.20 million, surpassing the analyst consensus estimate of $253.36 million by 15.33%, a 55.26% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:46 am

GRVY

GRAVITY Co (NASDAQ:GRVY) reported Q2 earnings of $4.92 per share, a 154.92% increase YoY. The company also reported $181.28 million in sales, a 143.97% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:38 am

FTCI

FTC Solar has announced that it expects its Q3 revenue to be approximately flat to down relative to Q2. The company forecasts Q3 revenue to be between $24.0M and $34.0M, significantly lower than the consensus estimate of $73.98M.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:38 am

PHGE

BiomX Inc. (AMEX:PHGE) reported a cash balance, short-term deposits, and restricted cash of $30.7 million as of June 30, 2023, compared to $34.3 million as of December 31, 2022. The company estimates its cash runway to be sufficient to fund operations into Q3.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:37 am

APRN

Blue Apron has updated its FY23 revenue forecast to $410.0M-$415.0M, higher than the previous estimate of $405.69M. The company also expects to achieve adjusted EBITDA profitability in Q2 of FY24.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:36 am

CBAT

CBAK Energy Tech reported Q2 losses of $(0.03) per share and sales of $42.40 million, a 24.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:33 am