Streetbeat News

Earnings

HY

Hyster-Yale Materials Handling, Inc. (HY) anticipates a decrease in Q3 operating profit compared to Q2. However, the company expects Q4 results to significantly improve over Q3.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

AMD

AMD reported strong Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

CMTG

Claros Mortgage Trust (NYSE:CMTG) reported Q2 earnings of $0.35 per share, beating the analyst consensus estimate of $0.30 by 16.67%. However, this is a 18.6% decrease from the same period last year. The company's quarterly sales of $80.92 million missed the analyst consensus estimate of $80.99 million by 0.08%, but it's a 16.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

BXC

BlueLinx has reported a gross margin of 18.5%-19.5% for its specialty product through the first four weeks of Q3.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

NRC

National Research (NASDAQ:NRC) reported a decrease in Q2 earnings and sales YoY. Earnings per share were down 12.12% to $0.29 from $0.33, and sales were down 3.03% to $36.16M from $37.29M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

LFUS

Littelfuse (NASDAQ:LFUS) reported Q2 earnings of $3.12 per share, missing the analyst consensus estimate of $3.32 by 6.02%. This is a 26.76% decrease from the same period last year. The company also reported quarterly sales of $612.00 million, missing the analyst consensus estimate of $618.83 million by 1.10%. This is a 1.04% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

CVGI

Commercial Vehicle Group (NASDAQ:CVGI) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.27 by 18.52%. This is a 146.15% increase from the same period last year. However, the company's quarterly sales of $262.20 million missed the analyst consensus estimate of $263.41 million by 0.46%. This is a 4.53% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:35 am

MTCH

Match Group Inc (NASDAQ:MTCH) reported better-than-expected Q2 results, with revenues of $829.55 million, beating estimates of $811.4 million, and EPS of 48 cents, surpassing estimates of 45 cents. Total revenues increased 4% YoY, with Tinder direct revenue up 6%. However, paying users declined 5% YoY to 15.6 million. The company expects these trends to continue, with momentum increasing through the rest of the year. Match Group anticipates Q3 revenue in the range of $875 million to $885 million, versus estimates of $863.37 million.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 10:35 am

RCKY

TMC

TMC The Metals Company estimates it will need an additional $60M-$70M, on top of its $20M cash on hand, to apply for an exploitation contract for NORI Area D after the July 2024 ISA meeting. Meanwhile, Rocky Brands reported quarterly sales of $99.82M, missing the analyst consensus estimate of $103.80M by 3.83% and marking a 38.40% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:34 am

HY

Hyster-Yale Materials has projected that its operating profit and net income for H2 2023 will be significantly higher than H2 2022.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:34 am