Streetbeat News

Earnings

COMP

Compass (NYSE:COMP) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.05) by 100%. The company also reported quarterly sales of $1.49 billion, missing the estimate of $1.53 billion by 2.48%. This represents a 26.04% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:15 pm

KNTK

Kinetik has projected its FY23 adjusted EBITDA to be at the high end of the $800M-$860M range.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:15 pm

MTW

Manitowoc Co (NYSE:MTW) reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.25 by 200 percent. This is a 257.14 percent increase from the same period last year. The company also reported quarterly sales of $602.80 million, beating the analyst consensus estimate of $511.22 million by 17.91 percent, a 21.24 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:15 pm

NSA

National Storage (NYSE:NSA) reported Q2 earnings of $0.68 per share, a 4.23% decrease YoY. The company's quarterly sales were $215.51M, missing the analyst consensus estimate of $216.35M by 0.39%. However, this is an 8.36% increase over sales of $198.89M the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:15 pm

PAY

Paymentus Holdings (NYSE:PAY) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.01 by 700%. The company also reported quarterly sales of $148.94 million, surpassing the analyst consensus estimate of $144.36 million by 3.17%. This represents a 24.15% increase over sales of $119.97 million in the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2023 | 8:14 pm

KNTK

Kinetik has projected its capital expenditures for FY23 to be at the higher end of the range between $490M and $540M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:14 pm

STRL

Sterling Infrastructure has provided its full year 2023 guidance, expecting EPS of $4-$4.20, higher than the estimated $3.52. The company also anticipates revenue between $1.95 billion and $2.05 billion, which is in line with estimates.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 8:14 pm

OCUL

Ocular Therapeutix reported Q2 earnings per share (EPS) of $(0.26), beating the analyst consensus estimate of $(0.29) by 10.34%. The company also reported quarterly sales of $15.19 million, surpassing the analyst consensus estimate of $14.64 million by 3.73%. This represents a 23.81% increase over sales from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 07, 2023 | 8:14 pm

ENTA

Enanta Pharma (NASDAQ:ENTA) reported Q3 losses of $(1.86) per share, beating the analyst consensus estimate of $(2.33) by 20.17%. This is a 21.57% decrease over losses from the same period last year. The company also reported quarterly sales of $18.89 million, beating the analyst consensus estimate of $18.06 million by 4.61%. This is a 3.01% decrease over sales from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

August 07, 2023 | 8:14 pm

HEAR

Turtle Beach (HEAR) maintains its FY23 revenue outlook of $265M-$270M, despite market estimates of $270.29M. The company expects 10-12% growth driven by the gaming markets. Adjusted EBITDA is expected to be $6M-$8M, with significant headwinds from competitive discounting and freight costs. The company has initiated efficiency measures that are expected to contribute to profitability, with a projected run-rate adjusted EBITDA of $25M-$30M by the end of 2023.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 8:13 pm