Streetbeat News

Earnings

INTC

Intel's Q2 sales have surpassed estimates, reporting $12.95B against the expected $12.14B.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:33 pm

AXNX

Axonics (NASDAQ:AXNX) reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.11) by 36.36%. However, the company's quarterly sales of $92.89 million beat the analyst consensus estimate of $86.51 million by 7.38%. This represents a 34.67% increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:33 pm

BPRN

Princeton Bancorp (NASDAQ:BPRN) reported Q2 earnings of $1.07 per share, beating the analyst consensus estimate of $0.30 by 256.67 percent. This represents a 9.18 percent increase over earnings of $0.98 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:32 pm

MTH

Meritage Homes reported Q2 earnings of $5.02 per share, a decrease of 25.85% from last year. However, the company's quarterly sales of $1.57 billion beat the analyst consensus estimate of $1.31 billion by 19.62%, marking a 10.98% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:32 pm

ZYXI

Zynex (NASDAQ:ZYXI) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.04 by 125%. This is a 12.5% increase from the same period last year. The company also reported quarterly sales of $44.95 million, beating the analyst consensus estimate of $44.65 million by 0.68%. This is a 22.29% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:32 pm

ENPH

Enphase Energy, Inc (NASDAQ:ENPH) reported Q2 earnings of $1.47 per share, beating the analyst consensus estimate of $1.25. However, its quarterly sales of $711.12 million missed the analyst consensus estimate of $722.12 million. The company expects Q3 revenue between $550 million and $600 million, lower than the $748.08 million estimate. The company also announced a new share repurchase program of up to $1.0 billion. Following the report, ENPH shares were down 13.4% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

July 27, 2023 | 8:31 pm

WY

Weyerhaeuser (NYSE:WY) reported Q2 earnings of $0.21 per share, in line with analyst consensus. However, the company's quarterly sales of $1.88 billion missed the estimated $2.00 billion by 5.95%. This represents a 36.73% decrease in sales and an 80.19% decrease in earnings compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:31 pm

PEB

Pebblebrook Hotel (NYSE:PEB) reported Q2 earnings of $0.62 per share, a decrease of 13.89% YoY. The company's quarterly sales were $384.34 million, beating the analyst consensus estimate of $378.51 million by 1.54%, but representing a 3.32% decrease YoY.

Portfolio Pulse from sunil@benzinga.com

July 27, 2023 | 8:30 pm

VNDA

Vanda Pharma reported Q2 earnings of $0.03 per share, beating the analyst consensus estimate of $(0.13) by 123.08 percent. However, this is a 40 percent decrease from the same period last year. The company's quarterly sales of $46.06 million missed the analyst consensus estimate of $49.00 million by 6.01 percent, marking a 28.47 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:30 pm

HLI

Houlihan Lokey (NYSE:HLI) reported Q1 earnings of $0.89 per share, missing the analyst consensus estimate of $1.01 by 11.88%. This is a 19.09% decrease from the same period last year. The company also reported quarterly sales of $415.83 million, missing the analyst consensus estimate of $434.84 million by 4.37%, a 0.67% decrease from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

July 27, 2023 | 8:30 pm