Streetbeat News

Earnings

VIK

Viking Holdings reported Q2 earnings per share of $0.37, missing the $0.65 estimate, but sales of $1.59 billion exceeded the $1.43 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:04 am

OPRA

Opera's Q2 2024 financial results exceeded expectations with GAAP EPADS of $0.22, surpassing the estimate of $0.17, and sales of $109.734 million, beating the forecast of $108.544 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:02 am

PTON

Peloton Interactive reported better-than-expected Q4 2024 results with a GAAP EPS of $(0.08), beating the estimate of $(0.16), and sales of $643.60M, surpassing the $630.48M estimate. This marks a significant improvement from the previous year's losses.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:00 am

BJ

BJ's Wholesale Club shares rose following the release of their Q2 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:49 am

BJ

BJ's Wholesale Club has reaffirmed its fiscal year 2024 adjusted EPS guidance of $3.75 to $4.00, aligning closely with the $3.93 estimate. The company anticipates a 1% to 2% increase in comparable club sales, excluding gasoline, driven by traffic, unit growth, and a strong perishables business. Merchandise gross margins are expected to remain flat year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:47 am

BJ

BJ's Wholesale Club reported a 3.1% increase in comparable club sales year-over-year for Q2, with a 2.4% rise excluding gasoline. Digital sales surged by 22%, and membership fee income grew by 9.1% to $113.1 million. Earnings per share were $1.08, with adjusted earnings at $1.09.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:46 am

BJ

BJ's Wholesale Club reported Q2 2024 earnings of $1.09 per share, surpassing the $1.00 estimate, and sales of $5.205 billion, exceeding the $5.145 billion estimate. This marks a 10.1% increase in EPS and a 4.86% rise in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:45 am

EH

EHang Holdings Limited (NASDAQ:EH) reported a significant increase in Q2 revenue, up 920% year-over-year, driven by strong demand for its EH216-S pilotless eVTOL vehicles. The company achieved record deliveries and improved its financial position, with a strengthened cash position and plans for future growth in intra-city mobility.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 10:45 am

A

NVDA

SCHW

SNOW

SNPS

URBN

WOLF

ZM

ZUO

US stocks are set for a modest start as traders await Nvidia's earnings and the Jackson Hole Symposium. Nvidia's upcoming earnings are seen as a key market catalyst. Several companies, including Agilent Technologies and Urban Outfitters, showed significant premarket movements based on earnings results.

Portfolio Pulse from Shanthi Rexaline

August 22, 2024 | 10:41 am

AAP

Advance Auto Parts shares declined following a Q2 earnings per share (EPS) miss and a downward revision of their fiscal year 2024 revenue and EPS outlook.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:37 am