Streetbeat News

Earnings

ICUI

ICU Medical reported Q2 earnings of $1.88 per share, beating the analyst consensus estimate of $1.55 by 21.29%. This is a 37.23% increase from the same period last year. However, the company's quarterly sales of $549.30 million missed the analyst consensus estimate of $562.90 million by 2.42%, marking a 2.09% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:11 pm

KMPR

Kemper Corporation (KMPR) reported Q2 losses of $0.26 per share, beating the analyst consensus estimate of $0.38 by 31.58%. However, the company's quarterly sales of $1.26 billion missed the analyst consensus estimate of $1.33 billion by 5.25%. Compared to the same period last year, the losses have decreased by 58.06% while sales have decreased by 11.92%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:11 pm

ARWR

Arrowhead Pharma reported Q3 losses of $(0.96) per share, missing the analyst consensus estimate of $(0.58) by 65.52%. The company also reported quarterly sales of $15.82 million, missing the analyst consensus estimate of $48.19 million by 67.16%. This represents a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:10 pm

PIII

P3 Health Partners (NASDAQ:PIII) reported Q2 EPS of $(0.09), beating the estimate of $(0.24) by 62.5%. This is a 97.59% increase over losses from the same period last year. The company also reported quarterly sales of $329.09M, beating the estimate of $303.30M by 8.50%. This is a 22.13% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:10 pm

STRL

Sterling Infrastructure (NASDAQ:STRL) reported Q2 earnings of $1.27 per share, beating the analyst consensus estimate of $0.93 by 36.56%. This is a 47.67% increase over earnings of $0.86 per share from the same period last year. The company also reported quarterly sales of $522.33 million, beating the analyst consensus estimate of $491.50 million by 6.27%. This is a 2.30% increase over sales of $510.57 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:10 pm

ACM

AECOM (NYSE:ACM) reported Q3 earnings of $0.94 per share, missing the analyst consensus estimate of $0.95 by 1.05 percent. However, the company's quarterly sales of $3.66 billion beat the analyst consensus estimate of $3.49 billion by 4.93 percent.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:09 pm

HEAR

Turtle Beach (NASDAQ:HEAR) reported Q2 losses of $(0.41) per share, missing the analyst consensus estimate of $(0.33) by 24.24%. The company also reported quarterly sales of $47.98 million, missing the analyst consensus estimate of $51.33 million by 6.52%. However, these figures represent an increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:09 pm

BYND

Beyond Meat expects FY23 revenues to be between $360M-$380M, lower than the estimated $388.04M. This represents a decrease of 9%-14% compared to 2022. The company also anticipates operating expenses to be $245M or less and capital expenditures to be between $20M-$25M. Despite previously aiming for cash flow positive operations in the second half of 2023, the company now believes this is unlikely due to greater than expected consumer and category headwinds.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:09 pm

MED

Medifast reported Q2 earnings of $2.77 per share, beating the analyst consensus estimate of $1.44 by 92.36%. However, this is a decrease from $3.42 per share from the same period last year. The company also reported quarterly sales of $296.19 million, beating the analyst consensus estimate of $253.47 million by 16.85%, but this is a 34.66% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:09 pm

CHGG

Chegg has projected its Q3 total net revenues to be between $151M and $153M, which is in line with the estimated $152.37M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:08 pm