Streetbeat News

Earnings

SLM

SLM Corporation (NASDAQ:SLM) reported Q2 earnings of $1.10 per share, beating the analyst consensus estimate of $1.07 by 2.8%. However, this is a 14.73% decrease from the same period last year. The company also reported quarterly sales of $386.63 million, surpassing the analyst consensus estimate of $370.99 million by 4.22%, marking a 6.57% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:35 pm

WH

Wyndham Hotels & Resorts reported Q2 adjusted earnings of $0.93 per share, beating the analyst consensus estimate of $0.91 by 2.2%. However, this is a 13.08% decrease from the same period last year. The company's quarterly sales of $362.00 million missed the analyst consensus estimate of $363.83 million by 0.50%, marking a 6.22% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:34 pm

LHX

L3Harris Technologies reported Q2 earnings per share (EPS) of $2.97, beating the estimate of $2.94. The company's sales also surpassed estimates, coming in at $4.69 billion against the expected $4.37 billion.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 8:34 pm

ORLY

O'Reilly Automotive reported Q2 earnings of $8.28 per share, a 5.69% decrease YoY. The company's quarterly sales were $3.71 billion, missing the analyst consensus estimate of $3.99 billion by 7.02%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:32 pm

ENVX

Enovix Corporation (NASDAQ:ENVX) reported Q2 losses of 19 cents per share, beating the analyst consensus estimate of losses of 22 cents. However, the company's quarterly sales of $42,000 missed the analyst consensus estimate of $60,000. The company's CEO, Raj Talluri, highlighted progress on the Gen2 production equipment and confirmed plans for high-volume production in Malaysia next year. The company's shares were up 6.53% after hours at $20.88.

Portfolio Pulse from Ryan Gustafson

July 26, 2023 | 8:31 pm

TCBX

Third Coast Bancshares (NASDAQ:TCBX) reported Q2 earnings of $0.53 per share, beating the analyst consensus estimate of $0.50 by 6%. This is a 231.25% increase from the same period last year. The company also reported quarterly sales of $36.38 million, beating the analyst consensus estimate of $35.72 million by 1.84%. This is a 25.42% increase from the same period last year.

Portfolio Pulse from saritha@benzinga.com

July 26, 2023 | 8:30 pm

PEGA

Pegasystems reported Q2 earnings of $0.01 per share, missing the analyst consensus estimate of $0.05 by 80%. The company also reported quarterly sales of $298.27 million, missing the analyst consensus estimate of $309.61 million by 3.66%. However, this represents an increase over the same period last year in both earnings and sales.

Portfolio Pulse from bharat@benzinga.com

July 26, 2023 | 8:30 pm

WU

Western Union has increased its FY23 adjusted EPS forecast from $1.55-$1.65 to $1.65-$1.75, surpassing the consensus estimate of $1.62.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:29 pm

TPIC

TPI Composites has reduced its 2023 net sales guidance from $1.6B-$1.7B to $1.525B-$1.575B, which is below the consensus estimate of $1.63B.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:27 pm

AM

Antero Midstream (NYSE:AM) reported Q2 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10%. However, the company's quarterly sales of $258.29 million missed the analyst consensus estimate of $268.63 million by 3.85%. This represents a 10% increase in earnings and a 12.83% increase in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 8:26 pm