Streetbeat News

Earnings

SON

Sonoco Prods (NYSE:SON) is set to release its latest quarterly earnings report on Monday, 2023-07-31. Analysts estimate an EPS of $1.50. Last quarter, the company beat EPS by $0.08, followed by a 4.06% drop in the share price. Shares were trading at $58.53 as of July 27, with a 52-week period decline of 8.09%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:02 pm

DV

DoubleVerify Hldgs (NYSE:DV) is set to release its latest quarterly earnings report on July 31, 2023. Analysts estimate an earnings per share (EPS) of $0.06. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock was trading at $40.25 as of July 27, with a 52-week increase of 82.0%.

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:02 pm

CGC

Shares of Canopy Growth Corporation (NASDAQ:CGC) are climbing higher, continuing the upward momentum from the last five days. The company recently announced the availability of cannabis gummies from Wana Brands North through its medical cannabis division, Spectrum Therapeutics. The stock is up nearly 10% on above-average trading volume. Canopy Growth will release its Q1 FY2024 financial results on Aug. 9.

Portfolio Pulse from Erica Kollmann

July 28, 2023 | 4:58 pm

CHTR

T

TMUS

VZ

Charter Communications reported Q2 FY23 revenue growth of 0.5% YoY to $13.66 billion, missing consensus of $13.85 billion. The company added 70,000 residential Internet customers, compared to 17,000 last year. Verizon, AT&T, and T-Mobile also reported their earnings this week, with mixed results.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 4:45 pm

DAN

Dana Inc (NYSE:DAN) reported Q2 FY23 sales growth of 6.3% YoY to $2.748 billion, slightly above the consensus of $2.74 billion. The increase was driven by higher market demand, cost-recovery actions, and conversion of sales backlog. Adjusted EPS was $0.37, beating the consensus of $0.17. The company raised its FY23 outlook and declared a dividend of $0.10 per share. Dana's shares are trading higher by 0.64% at $18.93.

Portfolio Pulse from Akanksha Bakshi

July 28, 2023 | 4:42 pm

PMT

PennyMac Mortgage Investment Trust's shares have dropped following the company's Q2 financial results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:41 pm

BY

Byline Bancorp reported better-than-expected Q2 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:40 pm

BJRI

BJ's Restaurants reported better-than-expected Q2 financial results, leading to a rise in its share price. Several firms have also increased their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:38 pm

WPC

W.P. Carey Inc (WPC) reported a Q2 2023 revenue increase of 31.4% Y/Y to $452.6 million, beating the consensus of $442.4 million. Real Estate revenues rose 33.1% Y/Y to $452.2 million. The company raised the quarterly dividend per share to $1.069 from $1.067 in the prior quarter. WPC narrowed AFFO per share guidance to $5.32 and $5.38 from $5.30-$5.40 in 2023. WPC shares are trading higher by 0.03% at $71.39.

Portfolio Pulse from Lekha Gupta

July 28, 2023 | 4:37 pm

BAH

Booz Allen Hamilton Holding Corp reported Q1 revenue growth of 18% YoY to $2.65 billion, beating the consensus of $2.51 billion. Adjusted EPS of $1.47 also topped the consensus of $1.25. The company declared a regular quarterly dividend of $0.47 per share. It reiterated FY24 Outlook, expecting sales growth to 7% - 11% and an adjusted EPS of $4.80–$4.95.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 4:33 pm