Streetbeat News

Earnings

WULF

TeraWulf Inc. (NASDAQ:WULF) has announced its production and operations update for July 2023. The company self-mined 330 BTC in July, bringing the total to 1,771 BTC mined year to date. This resulted in the highest monthly self-mining revenue in the company's history. The company also participated in several demand response events at the Lake Mariner facility. TeraWulf is expanding its Lake Mariner facility and construction of Building 3, which will house the next generation Antminer S19j XP bitcoin mining machines, is underway and targeted for completion by year-end 2023.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:21 pm

TOPS

TOP Ships (NASDAQ:TOPS) reported H1 earnings of $0.10 per share and $41.10 million in sales.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:21 pm

MMP

Magellan Midstream (NYSE:MMP) reported Q2 earnings of $1.23 per share, beating the analyst consensus estimate of $1.10 by 11.82%. This is a 5.13% increase over earnings of $1.17 per share from the same period last year. The company also reported quarterly sales of $877.20 million, beating the analyst consensus estimate of $797.91 million by 9.94%. This is a 11.24% increase over sales of $788.60 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:20 pm

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) is expected to report quarterly earnings on Aug. 3, 2023. Ahead of this, options traders have made bullish bets on Amazon, with 23,000 of the August 4 weekly 140-calls bought at an average price of $1.04 per contract. Wall Street expects Amazon to post quarterly earnings at 34 cents per share on revenue of $131.54 billion.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:20 pm

AEO

American Eagle Outfitters (AEO) has updated its Q2 guidance, expecting revenue to be approximately flat compared to last year. This is an improvement from previous guidance which predicted a low-single digit decrease in revenue.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:20 pm

PNW

Pinnacle West Capital reported Q2 earnings of $0.94 per share, missing the analyst consensus estimate of $1.19 by 21.01%. This is a 35.17% decrease from the same period last year. However, the company's quarterly sales of $1.12 billion beat the analyst consensus estimate of $1.03 billion by 8.93%, a 5.65% increase from last year.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:19 pm

IDCC

InterDigital has reported its Q2 adjusted EPS at $1.30.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:19 pm

TGNA

Tegna (NYSE:TGNA) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.42 by 4.76%. However, this is a 26.67% decrease from the same period last year. The company's quarterly sales were $731.50 million, missing the analyst consensus estimate of $738.00 million by 0.88%, and marking a 6.80% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:19 pm

NATH

Nathan's Famous (NASDAQ:NATH) reported Q1 earnings of $1.81 per share, a 4.02% increase YoY. The company also reported sales of $41.98 million, a 5.70% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:18 pm

MNTX

Manitex International, Inc. (MNTX) has projected its FY25 revenue to be between $325M and $360M. The company also expects its adjusted EBITDA to be in the range of $35M to $45M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:18 pm