Streetbeat News

Earnings

EDU

New Oriental Education (NYSE:EDU) reported Q4 earnings of $0.37 per share, missing the analyst consensus estimate of $0.51 by 27.45%. However, the company's quarterly sales of $860.57 million beat the estimate of $820.07 million by 4.94%. This represents a 139.36% increase in earnings and a 64.22% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:44 am

ALLE

Allegion has increased its FY23 adjusted EPS outlook from $6.55 - $6.75 to $6.70 - $6.80, which is higher than the estimated $6.68.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:37 am

EEFT

Euronet Worldwide's Q2 earnings per share of $2.03 beat the analyst consensus estimate of $2.01 by 1 percent, a 17.34 percent increase from last year. However, its quarterly sales of $939.10 million missed the estimate of $941.91 million by 0.30 percent, though it's an 11.36 percent increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:36 am

DB

Deutsche Bank AG (NYSE:DB) reported Q2 2023 revenue growth of 11% Y/Y to €7.41 billion. The bank expects share repurchases and dividends of over €1 billion in 2023. However, DB shares are trading lower by 1.81% at $11.40 premarket on the last check Wednesday.

Portfolio Pulse from Lekha Gupta

July 26, 2023 | 9:33 am

ALLE

Allegion (NYSE:ALLE) reported Q2 adjusted earnings of $1.76 per share, beating the analyst consensus estimate of $1.72 by 2.33%. This is a 28.47% increase from the same period last year. However, the company's quarterly sales of $912.50 million missed the analyst consensus estimate of $938.22 million by 2.74%, though it's an 18.03% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:33 am

LAD

Lithia Motors reported Q2 adjusted earnings of $10.91 per share, beating the analyst consensus estimate of $9.26 by 17.82%. However, this is a 10.43% decrease from the same period last year. The company also reported quarterly sales of $8.11 billion, beating the analyst consensus estimate of $7.92 billion by 2.40%, and marking a 12.02% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:03 am

CHKP

Check Point Software reported Q2 earnings of $2.00 per share, beating the analyst consensus estimate of $1.89 by 5.82%. This is a 21.95% increase from the same period last year. However, the company's quarterly sales of $588.70 million missed the analyst consensus estimate of $588.92 million by 0.04%. This is a 3.08% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:00 am

BA

GOOGL

KO

META

MSFT

Wall Street expects Meta Platforms to post quarterly earnings at $2.91 per share on revenue of $31.12 billion. Microsoft reported better-than-expected earnings and sales results for its fourth quarter, but issued weak sales outlook for the current quarter. Analysts are expecting The Coca-Cola Company to have earned 65 cents per share on revenue of $10.56 billion for the latest quarter. Alphabet reported better-than-expected second-quarter results. Analysts expect The Boeing Company to report a quarterly loss at 84 cents per share on revenue of $16.58 billion.

Portfolio Pulse from Lisa Levin

July 26, 2023 | 8:16 am

DB

Deutsche Bank (NYSE:DB) reported Q2 earnings of $0.21 per share, a decrease of 40.86% YoY. However, the company's sales increased by 13.96% YoY to $8.08 billion.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:04 am

GSK

GlaxoSmithKline (GSK) has projected its FY23 sales growth to be between 8% and 10%. The company also expects its adjusted EPS growth to be between 14% and 17%, and its adjusted operating profit to grow by 11% to 13%.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 7:52 am