Streetbeat News

Earnings

LRCX

Lam Research's shares are trading higher after the company reported strong Q4 results.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:34 pm

META

Meta Platforms reported better-than-expected Q2 results and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:33 pm

RJF

Raymond James Financial (RJF) reported Q3 earnings of $1.85 per share, missing the analyst consensus estimate of $2.16 by 14.35%. However, this is a 14.91% increase over earnings of $1.61 per share from the same period last year. The company reported quarterly sales of $2.91 billion, in line with the analyst consensus estimate, and a 7.06% increase over sales of $2.72 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:33 pm

CSL

ENVX

GGG

NXT

During Wednesday's after-market session, several industrials stocks experienced significant movement. Gainers included NEXTracker (NXT), Enovix (ENVX), Nxu (NXU), Freightos (CRGO), Vertiv Hldgs (VRT), and Multi Ways Holdings (MWG). Losers included TPI Composites (TPIC), Carlisle Companies (CSL), Graco (GGG), Fathom Digital Mfg (FATH), Redwire (RDW), and View (VIEW). Q1 earnings for NXT and Q2 earnings for ENVX, CSL, and GGG were released.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:32 pm

RBBN

Ribbon Communications has projected its Q3 revenue to be between $215M and $225M, which is in line with the consensus estimate of $221.65M.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:31 pm

SUI

Sun Communities reported a decrease in Q2 core FFO from $2.02 YoY to $1.96.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:30 pm

BWFG

Bankwell Financial Group (NASDAQ:BWFG) reported Q2 earnings of $1.02 per share, beating the analyst consensus estimate of $0.86 by 18.6%. However, this represents a 34.19% decrease from the same period last year.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:29 pm

JOE

St. Joe (NYSE:JOE) reported Q2 earnings of $0.60 per share, a 106.9% increase YoY. The company also reported $128.10M in sales, an 87.83% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:29 pm

CLB

Core Labs has projected its Q3 earnings per share (EPS) to be between $0.21 and $0.25, compared to the estimated $0.23. The company also expects sales to range from $128M to $132M, lower than the estimated $135.99M.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:28 pm

TYL

Tyler Technologies (NYSE:TYL) reported Q2 earnings of $2.01 per share, beating the analyst consensus estimate of $1.89 by 6.35%. This is a 6.91% increase from the same period last year. The company also reported quarterly sales of $504.28 million, beating the analyst consensus estimate of $491.29 million by 2.64%. This is a 7.59% increase from the same period last year.

Portfolio Pulse from sunil@benzinga.com

July 26, 2023 | 9:27 pm