Streetbeat News

Earnings

BRSP

BrightSpire Capital (NYSE:BRSP) reported Q2 earnings of $0.25 per share, beating the analyst consensus estimate of $0.24 by 4.17%. This represents a 4.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:10 am

DRS

Leonardo DRS reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.11 by 36.36%. However, the company's quarterly sales of $628.00 million missed the analyst consensus estimate of $632.90 million by 0.77%. This represents a 6.25% decrease in earnings and a 0.16% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:10 am

TTMI

TTM Technologies reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.21 by 52.38%. However, this is a 40.74% decrease from the same period last year. The company's quarterly sales of $546.51 million missed the analyst consensus estimate of $551.86 million by 0.97%, marking a 12.64% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:10 am

MIR

Mirion Technologies (NYSE:MIR) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.06 by 33.33%. However, this is a 38.46% decrease from the same period last year. The company also reported quarterly sales of $197.20 million, beating the analyst consensus estimate of $190.49 million by 3.52%, and marking a 12.17% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:10 am

SMP

Standard Motor Products (NYSE:SMP) reported Q2 earnings of $0.83 per share, missing the analyst consensus estimate of $0.98 by 15.31%. This is a 10.75% decrease from the same period last year. The company also reported quarterly sales of $353.10 million, missing the analyst consensus estimate of $374.45 million by 5.70%. This is a 1.76% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:09 am

DD

DuPont De Nemours, Inc. (NYSE:DD) reported a Q2 FY23 sales decrease of 7% Y/Y to $3.09 billion, beating the consensus of $3.00 billion. Adjusted EPS was $0.85, above the consensus of $0.83. The company revised its FY23 net sales guidance to $12.45 billion - $12.55 billion, up from prior $12.3 billion - $12.5 billion. However, it lowered its Adjusted EPS guidance to $3.40 - $3.50, down from the prior $3.55 - $3.70. DD shares are trading lower by 0.34% at $76.78 premarket.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 11:09 am

MCO

PG

RCL

YELP

Insiders at Royal Caribbean Cruises, Yelp, Moody's, and Procter & Gamble have recently sold shares. This could indicate concern in the company’s prospects or that they view the stock as overpriced. However, all four companies reported sales growth in their recent quarterly reports, beating analyst consensus.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:09 am

SRDX

Surmodics reported better-than-expected Q3 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:08 am

PINS

Pinterest Inc's Q2 report shows a 6% YoY increase in revenue to $708 million, beating the consensus estimate of $696.06 million. The company also reported a quarterly adjusted earnings of 21 cents per share, surpassing estimates of 12 cents per share. Global monthly active users increased by 8% YoY to 465 million. Despite positive analyst updates, Pinterest shares are trading lower.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 11:08 am

GPN

Global Payments Inc (NYSE:GPN) reported strong Q2 FY23 earnings and raised its FY23 guidance. The company's Q2 adjusted net revenue grew 7% YoY to $2.17 billion, slightly missing the consensus of $2.19 billion. However, its adjusted EPS of $2.62 beat the consensus of $2.58. Following the earnings announcement, several analysts raised their price targets on Global Payments.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 11:08 am