Streetbeat News

Earnings

PLX

Protalix BioTherapeutics reported Q2 earnings of $0.21 per share, beating the analyst consensus estimate of $(0.04) by 625%. The company also reported quarterly sales of $35.08 million, beating the analyst consensus estimate of $10.22 million by 243.25%. This represents a significant increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:55 am

SAGE

Sage Therapeutics has reported Q2 cash, cash equivalents, and marketable securities of $1B, which is expected to support its operations into 2025.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:39 am

ELAN

Elanco has raised its FY23 revenue guidance to $4.35B-$4.41B, up from the previous guidance of $4.31B-$4.4B. The company also forecasts an adjusted EPS of $0.80-$0.89, higher than the prior guidance of $0.76-$0.83.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:37 am

ELAN

Elanco Animal Health (NYSE:ELAN) reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.05 by 260 percent. However, this is a 53.85 percent decrease from the same period last year. The company also reported quarterly sales of $1.06 billion, beating the analyst consensus estimate of $1.04 billion by 2.03 percent, but this is a 10.04 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:34 am

SAGE

Sage Therapeutics reported Q2 losses of $2.68 per share, missing the analyst consensus estimate of $2.55 by 5.1%. This is a 25.82% decrease from the same period last year. The company also reported quarterly sales of $2.47 million, missing the analyst consensus estimate of $2.94 million by 15.85%. However, this is a 64.82% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:33 am

MITT

AG Mortgage Investment (NYSE:MITT) reported Q2 adjusted earnings of $0.08 per share, missing the analyst consensus estimate of $0.11 by 27.27%. The company's quarterly sales were $11.36 million, missing the analyst consensus estimate of $14.15 million by 19.72%. This represents a 30.04% decrease over sales of $16.24 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:31 am

GHM

Graham (NYSE:GHM) reported Q1 adjusted earnings of $0.33 per share, beating the analyst consensus estimate of $(0.04) by 925 percent. This is a 175 percent increase over earnings of $0.12 per share from the same period last year. The company also reported quarterly sales of $47.60 million, beating the analyst consensus estimate of $39.68 million by 19.96 percent, a 31.95 percent increase over sales of $36.08 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:31 am

FRPT

Freshpet (NASDAQ:FRPT) reported Q2 losses of $(0.35) per share, beating the analyst consensus estimate of $(0.38) by 7.89%. However, the company's quarterly sales of $183.30 million missed the analyst consensus estimate of $185.75 million by 1.32%. This represents a 22.22% increase in losses and a 25.54% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:31 am

HSIC

Henry Schein (NASDAQ:HSIC) reported Q2 earnings of $1.31 per share, beating the analyst consensus estimate of $1.25 by 4.8%. However, the company's quarterly sales of $3.10 billion missed the analyst consensus estimate of $3.11 billion by 0.39%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:31 am

AAPL

SPY

On Friday, August 4, U.S. markets ended lower with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite falling by 0.43%, 0.53%, and 0.36% respectively. Apple Inc. shares also fell after the company reported Q3 results. Asian markets showed mixed results with Japan's Nikkei 225 rising and Australia's S&P/ASX 200 and China's Shanghai Composite falling. European markets and commodities were mostly down, while U.S. futures were up.

Portfolio Pulse from Akanksha Bakshi

August 07, 2023 | 10:23 am