Streetbeat News

Earnings

PACK

Ranpak Hldgs (NYSE:PACK) reported Q2 losses of $(0.03) per share, beating the analyst consensus estimate of $(0.09) by 66.67%. However, the company's quarterly sales of $81.90 million missed the analyst consensus estimate of $83.50 million by 1.92%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:10 pm

BDC

Belden Inc. has provided its 3Q23 revenue guidance, expecting revenues to be between $675M and $690M, which is lower than the consensus estimate of $703.62M. The company also anticipates its adjusted EPS to be between $1.75 and $1.85, matching the higher end of the consensus estimate.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:10 pm

CRAI

CRA International reported Q2 earnings of $1.42 per share, beating the analyst consensus estimate of $1.35 by 5.19%. However, this is a 10.13% decrease from the same period last year. The company also reported quarterly sales of $161.97 million, beating the estimate of $156.82 million by 3.28%, and marking an 8.63% increase from last year.

Portfolio Pulse from totan@benzinga.com

August 04, 2023 | 1:10 pm

MGPI

MGP Ingredients has projected its adjusted FY23 EPS to be between $5.35 and $5.50, which is higher than the estimated $5.2.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:10 pm

KOP

Koppers Holdings (NYSE:KOP) reported Q2 adjusted earnings of $1.26 per share, beating the analyst consensus estimate of $1.08 by 16.67%. This is a 29.9% increase from the same period last year. The company also reported quarterly sales of $577.20 million, beating the analyst consensus estimate of $531.00 million by 8.70%. This is a 14.87% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:09 pm

GSL

Global Ship Lease (NYSE:GSL) reported Q2 earnings of $2.09 per share, beating the analyst consensus estimate of $2.08 by 0.48 percent. This is a 12.97 percent increase from the same period last year. The company also reported quarterly sales of $162.08 million, beating the analyst consensus estimate of $158.18 million by 2.47 percent, a 4.94 percent increase from last year.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:09 pm

LNTH

Lantheus Holdings has updated its FY23 revenue forecast to $1.245B-$1.27B, compared to the consensus of $1.25B. The company also expects its adjusted EPS for FY23 to be in the range of $5.60-$5.70, versus the consensus of $5.58.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:09 pm

OCN

Ocwen Financial (NYSE:OCN) reported Q2 earnings of $1.95 per share, beating the analyst consensus estimate of $0.45 by 333.33%. This is a 75.68% increase from the same period last year. The company also reported quarterly sales of $272.00 million, beating the analyst consensus estimate of $262.35 million by 3.68%. This is a 22.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:09 pm

IDA

Idacorp reported Q2 earnings of $1.35 per share, beating the analyst consensus estimate of $1.22 by 10.66%. This is a 6.3% increase over earnings of $1.27 per share from the same period last year. The company also reported quarterly sales of $413.84 million, beating the analyst consensus estimate of $359.32 million by 15.17%. This is a 15.36% increase over sales of $358.72 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:09 pm

DASH

DoorDash Inc (NYSE:DASH) reported better-than-expected Q2 sales of $2.13 billion, beating estimates of $2.05 billion. The company expects Q3 marketplace GOV to be between $15.8 billion and $16.2 billion. Following the earnings announcement, Needham, Barclays, and Oppenheimer analysts raised their price targets on DoorDash.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:09 pm