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Revenues

FORTY

Formula Systems (1985) reported a year-over-year increase in Q2 earnings per share (EPS) from $1.11 to $1.20 and an increase in sales from $655.37 million to $667.68 million.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:46 am

LOW

Lowe's reported better-than-expected Q2 EPS but missed revenue estimates and lowered its FY24 outlook due to a slump in DIY sales. The company revised its sales and EPS projections downward, citing macroeconomic pressures.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 11:35 am

NMM

Navios Maritime Partners reported Q2 2024 earnings per share of $3.06, surpassing the analyst estimate of $3.04. The company's sales were $342.155 million, exceeding the expected $332.274 million, despite a slight year-over-year decrease.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:31 am

KC

Kingsoft Cloud Holdings reported Q2 sales of CNY1.892 billion, surpassing the estimated CNY1.828 billion. The company also reported an adjusted net loss of CNY301.07 million, an improvement from the previous year's CNY314.96 million loss.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:30 am

COMP

O

As of August 20, 2024, Compass Inc (NYSE:COMP) and Realty Income Corp (NYSE:O) are considered overbought in the real estate sector, with RSI values above 70. Compass reported strong Q2 results, while Realty Income announced a $500 million senior notes offering.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 11:23 am

VIPS

Vipshop's shares are declining as the company forecasts a 5-10% decrease in Q3 revenues.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:07 am

ADN

Advent Technologies reported a Q4 adjusted EPS of $(10.32) and revenue of $1.5M, a decrease from $1.96M in the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:03 am

AEM

GDX

GLDM

GOLD

IAU

NEM

Gold prices have reached an all-time high, driven by potential Federal Reserve interest rate cuts, geopolitical risks, and increased demand from central banks and consumers. Gold mining stocks and related ETFs have also seen significant gains.

Portfolio Pulse from Navdeep Yadav

August 20, 2024 | 11:00 am

AUUD

Auddia Inc. has announced the launch of faidr 3.1, an updated version of its audio streaming platform. This development could enhance user experience and potentially increase user engagement and revenue for the company.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:59 am

XPEV

XPeng shares rise as the company increases its Q3 delivery guidance by 2.5% to 12,500 units.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:58 am