Streetbeat News

Revenues

OPRA

Opera Limited has announced its Q3 2024 revenue expectations to be between $119M and $121M, slightly above the $118.7M estimate. For the full year 2024, Opera projects revenue growth of 17% and an adjusted EBITDA margin of 24%.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:04 am

VIK

Viking Holdings reported Q2 earnings per share of $0.37, missing the $0.65 estimate, but sales of $1.59 billion exceeded the $1.43 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:04 am

AIRI

Air Industries Group has secured a $110 million contract to supply components for GTF aircraft engines, expanding its backlog to over $280 million. This 7-year contract is a significant boost for the company.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:02 am

OPRA

Opera's Q2 2024 financial results exceeded expectations with GAAP EPADS of $0.22, surpassing the estimate of $0.17, and sales of $109.734 million, beating the forecast of $108.544 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 11:02 am

BJ

BJ's Wholesale Club has reaffirmed its fiscal year 2024 adjusted EPS guidance of $3.75 to $4.00, aligning closely with the $3.93 estimate. The company anticipates a 1% to 2% increase in comparable club sales, excluding gasoline, driven by traffic, unit growth, and a strong perishables business. Merchandise gross margins are expected to remain flat year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:47 am

BJ

BJ's Wholesale Club reported a 3.1% increase in comparable club sales year-over-year for Q2, with a 2.4% rise excluding gasoline. Digital sales surged by 22%, and membership fee income grew by 9.1% to $113.1 million. Earnings per share were $1.08, with adjusted earnings at $1.09.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:46 am

BJ

BJ's Wholesale Club reported Q2 2024 earnings of $1.09 per share, surpassing the $1.00 estimate, and sales of $5.205 billion, exceeding the $5.145 billion estimate. This marks a 10.1% increase in EPS and a 4.86% rise in sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:45 am

EH

EHang Holdings Limited (NASDAQ:EH) reported a significant increase in Q2 revenue, up 920% year-over-year, driven by strong demand for its EH216-S pilotless eVTOL vehicles. The company achieved record deliveries and improved its financial position, with a strengthened cash position and plans for future growth in intra-city mobility.

Portfolio Pulse from Lekha Gupta

August 22, 2024 | 10:45 am

BW

Babcock & Wilcox's B&W Environmental business segment has secured a contract worth over $8 million to design and supply a cooling system for a renewable energy facility in the UK.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:31 am

AAP

CG

Advance Auto Parts has agreed to sell its Worldpac business to Carlyle for $1.5 billion in cash. Worldpac generated $2.1 billion in revenue and $100 million in EBITDA over the past year. Advance Auto Parts expects net proceeds of $1.2 billion after taxes and fees.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 10:16 am