Streetbeat News

Earnings

ADM

Archer-Daniels Midland shares are trading lower following a Q2 revenue miss.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:54 pm

CVLT

Commvault Systems shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. Additionally, the company raised its FY25 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:50 pm

ONEW

OneWater Marine shares are trading lower after the company reported worse-than-expected Q3 financial results and issued weak guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:50 pm

SPGI

S&P Global shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance. Additionally, the company increased its adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:49 pm

DSKYF

DSNKY

MRK

Merck & Co Inc (NYSE:MRK) reported strong Q2 earnings with revenue and EPS beating estimates, driven by robust Keytruda sales. However, acquisition costs have led to a downward revision in the annual profit forecast. The company also received an FDA Complete Response Letter for a lung cancer drug application with partner Daiichi Sankyo.

Portfolio Pulse from Vandana Singh

July 30, 2024 | 12:45 pm

SBAC

SBA Communications shares are trading lower following a Q2 revenue miss.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:45 pm

HOLX

Hologic shares are trading lower after the company issued soft guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:44 pm

AMT

American Tower shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

ZBRA

Zebra Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:43 pm

AMD

INTC

SOXX

SPY

AMD is set to release its Q2 earnings report, with expectations of $0.68 per share and $5.724 billion in revenue. Analysts are optimistic, citing AI momentum and server results, but note potential weaknesses in the PC, Xilinx, and Gaming segments. AMD's stock has underperformed year-to-date, falling 5.2%, while semiconductor and broader market ETFs have gained.

Portfolio Pulse from Shanthi Rexaline

July 30, 2024 | 12:42 pm