Streetbeat News

Earnings

ELAN

Elanco Animal Health has provided its Q3 revenue guidance of $1.03B-$1.06B, which is in line with the consensus of $1.04B. However, its adjusted EPS is expected to be $0.08-$0.13, lower than the consensus of $0.16.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:08 pm

GOGO

Gogo (NASDAQ:GOGO) reported Q2 earnings of $0.21 per share, beating the analyst consensus estimate of $0.13 by 61.54%. However, the company's quarterly sales of $103.22 million missed the analyst consensus estimate of $103.25 million by 0.03%.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:06 pm

QSI

Quantum-Si (NASDAQ:QSI) reported Q2 losses of $(0.18) per share, beating the analyst consensus estimate of $(0.20) by 10 percent. This is a 21.74 percent increase over losses from the same period last year. However, the company's quarterly sales of $205.00 thousand missed the analyst consensus estimate of $400.00 thousand by 48.75 percent.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:06 pm

XGN

Exagen Inc. has provided its revenue guidance for the third quarter of 2023, expecting to generate between $10 million to $10.5 million. This is lower than the consensus estimate of $11.76 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:06 pm

FRZA

Forza X1 (NASDAQ:FRZA) reported a Q2 loss of $(0.13) per share, a 44.44% increase in losses compared to $(0.09) per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:05 pm

LINC

Lincoln Educational Services (NASDAQ:LINC) reported Q2 earnings of $0.57 per share, beating the analyst consensus estimate of $(0.02) by 2950 percent. The company also reported quarterly sales of $88.20 million, surpassing the analyst consensus estimate of $84.37 million by 4.54 percent. This represents a 7.38 percent increase over sales of $82.14 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:03 pm

RCUS

Arcus Biosciences reported Q2 losses of $(1.04) per share, missing the analyst consensus estimate of $(1.00) by 4 percent. This is an 11.83 percent decrease from the same period last year. The company also reported quarterly sales of $29.00 million, missing the analyst consensus estimate of $35.86 million by 19.13 percent. However, this is an 8.37 percent increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:02 pm

XGN

Exagen (NASDAQ:XGN) reported Q2 earnings per share of $(0.28), beating the analyst consensus estimate of $(0.48) by 41.67%. The company also reported quarterly sales of $14.14 million, surpassing the analyst consensus estimate of $10.97 million by 28.90%. This represents a 64.1% increase in earnings and a 57.78% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:02 pm

AGM

Federal Agricultural (NYSE:AGM) reported Q2 earnings of $3.86 per share, beating the analyst consensus estimate of $3.10 by 24.52%. This represents a 36.4% increase over earnings of $2.83 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:01 pm

BKNG

Booking Holdings Inc. (NASDAQ:BKNG) reported strong Q2 results, beating analyst consensus estimates for both earnings per share and sales. Following the announcement, several analysts raised their price targets on Booking, including JMP Securities, Mizuho, Barclays, Credit Suisse, and TD Cowen. Booking shares gained 7.9% to close at $3,063.16 on Friday and added 0.2% in today’s pre-market trading session.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 11:59 am