Streetbeat News

Earnings

GLAD

Gladstone Cap (NASDAQ:GLAD) reported Q3 earnings of $0.31 per share, beating the analyst consensus estimate of $0.27 by 14.81%. This is a 55% increase over earnings of $0.20 per share from the same period last year. The company also reported quarterly sales of $22.82 million, beating the analyst consensus estimate of $21.71 million by 5.13%. This is a 65.58% increase over sales of $13.78 million the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 26, 2023 | 9:09 pm

MOH

Molina Healthcare has increased its FY23 adjusted EPS guidance from $20.25 to at least $20.75, surpassing the consensus estimate of $20.39.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:08 pm

WFG

West Fraser Timber (NYSE:WFG) reported Q2 losses of $(1.57) per share, missing the analyst consensus estimate of $0.07 by 2342.86 percent. This is a 120.69 percent decrease over earnings of $7.59 per share from the same period last year. The company also reported quarterly sales of $1.61 billion, missing the analyst consensus estimate of $1.62 billion by 0.74 percent, a 44.30 percent decrease over sales of $2.89 billion the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:07 pm

CMG

Chipotle's benefits from menu price hikes and lower avocado prices were partially offset by increased costs in beef, tortillas, dairy, salsa beans, and rice. The company expects the cost of sales to be around 30% in Q3 due to higher beef and avocado prices.

Portfolio Pulse from Charles Gross

July 26, 2023 | 9:07 pm

NOV

NOV (NYSE:NOV) reported Q2 earnings of $0.39 per share, beating the analyst consensus estimate of $0.30 by 30 percent. This is a 116.67 percent increase over earnings of $0.18 per share from the same period last year. The company also reported quarterly sales of $2.09 billion, beating the analyst consensus estimate of $2.08 billion by 0.63 percent, a 21.19 percent increase over sales of $1.73 billion the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:06 pm

PTEN

Patterson-UTI Energy (NASDAQ:PTEN) reported Q2 earnings of $0.40 per share, missing the analyst consensus estimate of $0.44 by 9.09%. The company also reported quarterly sales of $758.88 million, missing the analyst consensus estimate of $781.88 million by 2.94%. However, this represents a 700% increase in earnings and a 21.96% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:06 pm

AEM

Agnico Eagle Mines reported Q2 adjusted earnings of $0.65 per share, beating the analyst consensus estimate of $0.56 by 16.07%. The company also reported quarterly sales of $1.718 billion, surpassing the analyst consensus estimate of $1.71 billion by 0.47%. This represents an 8.67% increase over sales of $1.58 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:05 pm

ROL

Rollins (NYSE:ROL) reported Q2 earnings of $0.23 per share, meeting analyst consensus. This is a 15% increase YoY. The company also reported quarterly sales of $820.75M, beating the analyst consensus of $804.93M by 1.97%. This is a 14.94% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:05 pm

AGI

Alamos Gold (NYSE:AGI) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.13 by 15.38%. This is a 114.29% increase from the same period last year. The company also reported quarterly sales of $261.00 million, beating the analyst consensus estimate of $250.17 million by 4.33%. This is a 36.51% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

July 26, 2023 | 9:05 pm

ALGN

Align Technology Inc (NASDAQ:ALGN) reported better-than-expected Q2 financial results, with a 3.4% YoY increase in revenue to $1 billion, beating the consensus estimate of $991.6 million. Adjusted earnings per share were $2.22, surpassing analyst estimates of $2.03. The company expects Q3 revenue to be between $990 million and $1.01 billion, and full-year revenue to be between $3.97 billion and $3.99 billion. Align's shares were up 12.3% after hours.

Portfolio Pulse from Adam Eckert

July 26, 2023 | 9:04 pm