Streetbeat News

Earnings

SLG

SL Green Realty (NYSE:SLG) reported Q2 earnings of $1.43 per share, a 23.53% decrease YoY. The company's quarterly sales were $165.65 million, missing the analyst consensus estimate of $205.97 million by 19.58%. However, this is a 21.36% increase over sales of $136.49 million the same period last year.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:07 pm

TSLA

Tesla Inc has announced that it does not expect a significant increase in the weekly production run rate at its Shanghai factory. The company's quarterly profitability has been positively impacted by a lower cost per vehicle, which includes lower raw material costs and Ira credit.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 8:07 pm

TSLA

Tesla's Q2 production and deliveries have significantly increased YoY, with total production up 86% and total deliveries up 83%.

Portfolio Pulse from Bill Haddad

July 19, 2023 | 8:07 pm

TSLA

Tesla reported Q2 earnings of $0.91 per share, beating the analyst consensus estimate of $0.82 by 10.98%. This is a 19.74% increase over earnings of $0.76 per share from the same period last year. The company also reported quarterly sales of $24.93 billion, beating the analyst consensus estimate of $24.48 billion by 1.83%. This is a 47.20% increase over sales of $16.93 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:06 pm

LVS

Las Vegas Sands (NYSE:LVS) reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.43 by 6.98%. This is a 235.29% increase over losses of $(0.34) per share from the same period last year. The company also reported quarterly sales of $2.54 billion, beating the analyst consensus estimate of $2.39 billion by 6.28%. This is a 143.06% increase over sales of $1.04 billion the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:06 pm

MRTN

Marten Transport (NASDAQ:MRTN) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.29 by 6.9%. This is a 30.77% decrease from the same period last year. The company also reported quarterly sales of $195.64 million, missing the analyst consensus estimate of $308.53 million by 36.59%. This is a 40.64% decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:06 pm

TSLA

Tesla reported Q2 earnings of $0.91 per share, beating the analyst consensus estimate of $0.82 by 10.98 percent. This represents a 19.74 percent increase over earnings of $0.76 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:05 pm

MMLP

Martin Midstream Partners (NASDAQ:MMLP) reported Q2 earnings of $0.03 per share, a decrease of 82.35% YoY. The company also reported sales of $195.64 million, a decrease of 26.73% YoY.

Portfolio Pulse from totan@benzinga.com

July 19, 2023 | 8:04 pm

BAC

JPM

Bank of America Corp (BAC) reported Q2 earnings that beat consensus estimates, driven by higher interest income amid the Federal Reserve's rate hike campaign. The bank reported earnings of 88 cents per share, ahead of the 84 cent Street estimate, on revenues of $25.33 billion. Despite the positive earnings, the bank's net interest income has been under scrutiny due to a slowdown in loan and deposit growth. Analysts from Oppenheimer and BMO Capital Markets have adjusted their price targets for BAC, while Keefe, Bruyette, & Woods gave the bank an Underperform rating.

Portfolio Pulse from AJ Fabino

July 19, 2023 | 8:03 pm

UAL

United Airlines has projected its FY23 adjusted EPS to be between $11 and $12, which is higher than the estimated $9.73.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 8:03 pm