Streetbeat News

Earnings

WPC

W.P. Carey (NYSE:WPC) reported Q2 earnings of $1.36 per share, a 3.82% increase YoY. The company also reported quarterly sales of $452.20 million, beating the analyst consensus estimate of $442.38 million by 2.22% and marking a 33.08% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:31 am

CNHI

CNH Industrial reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.48 by 8.33%. This is a 20.93% increase over earnings of $0.43 per share from the same period last year. The company also reported quarterly sales of $6.57 billion, beating the analyst consensus estimate of $6.44 billion by 1.97%. This is a 7.97% increase over sales of $6.08 billion the same period last year.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 11:31 am

NREF

NexPoint Real Estate (NYSE:NREF) reported Q2 adjusted EPS of $0.46, in line with analyst estimates, but a 17.86% decrease from the same period last year. The company's quarterly sales of $4.21 million missed the consensus estimate of $17.50 million by 75.97%, marking a 50.61% decrease from last year's same period.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 11:28 am

VRTS

Virtus Inv (NASDAQ:VRTS) reported Q2 adjusted earnings of $5.43 per share, missing the analyst consensus estimate of $5.88 by 7.65%. This is a 20.85% decrease from the same period last year. However, the company reported quarterly sales of $213.54 million, beating the analyst consensus estimate of $197.52 million by 8.11%, but still a 5.22% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:24 am

ARKK

ROKU

Roku, Inc. (NASDAQ:ROKU) shares rallied in premarket trading on Friday after the company reported better-than-expected Q2 results. Revenue was $847 million, beating the consensus estimate of $773.43 million. The company's loss narrowed to $0.76 per share, compared to the expected loss of $1.27 per share. Roku is the third biggest holding in Ark Invest's flagship Ark Innovation ETF (NYSE:ARKK), with a 7.18% weighting.

Portfolio Pulse from Shanthi Rexaline

July 28, 2023 | 11:15 am

BIIB

Biogen is planning to update its FY23 financial guidance in conjunction with its Q3 earnings release. The company's acquisition of Reata is expected to be slightly dilutive to its Non-GAAP diluted Earnings Per Share (EPS) in 2023, roughly neutral in 2024, and significantly accretive beginning in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:12 am

BAH

Booz Allen Hamilton's shares are trading higher following positive first-quarter results.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:11 am

CHD

Church & Dwight has increased its FY23 adjusted EPS forecast to $3.15, representing a 6% growth, up from the previous forecast of 2%-4%. The new forecast surpasses the consensus estimate of $3.11.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:08 am

DAN

Dana Incorporated (NYSE:DAN) has revised its FY23 expectations, projecting a diluted adjusted EPS of $0.65-$1.05, up from the previous estimate of $0.25-$0.75. The company also expects FY23 sales to range between $10.45 billion and $10.95 billion, an increase from the prior view of $10.35 billion-$10.85 billion.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 11:07 am

WT

WisdomTree (NYSE:WT) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.08 by 12.5%. This is a 28.57% increase from the same period last year. The company also reported quarterly sales of $85.72 million, beating the analyst consensus estimate of $84.63 million by 1.29%. This is a 10.97% increase from the same period last year.

Portfolio Pulse from Bill Haddad

July 28, 2023 | 11:06 am