Streetbeat News

Revenues

XGN

Exagen shares are trading higher after the company reported better-than-expected Q2 financial results and increased its FY24 revenue outlook above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:58 pm

APA

DVN

EOG

FANG

MPC

Shares of oil and gas companies are trading higher amid a rebound in the price of oil.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:49 pm

ANF

BIRK

BURL

CHWY

FL

GPS

LULU

SBH

Shares of retail, e-commerce, and apparel companies are trading higher following better-than-expected US jobs numbers, which could be alleviating some economic concerns.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:44 pm

NCBDY

Bandai Namco Hldgs ADR (OTC:NCBDY) reported a 24.8% increase in net sales and a 56.3% rise in profits for Q1 FY2024, driven by strong digital entertainment sales, particularly from the Elden Ring DLC. The company has updated its six-month forecast, anticipating higher net sales and profits.

Portfolio Pulse from Franca Quarneti

August 08, 2024 | 7:42 pm

META

QCOM

Qualcomm (NASDAQ:QCOM) reported strong fiscal third quarter earnings, surpassing Wall Street estimates and issuing a positive guidance for the current quarter. Revenue grew 11% YoY to $9.39 billion, with significant growth in its chip and automotive businesses. Despite the positive results, the market reaction was muted. Qualcomm's fortunes appear to be turning around, supported by growth in AI-enabled smartphones.

Portfolio Pulse from Upwallstreet

August 08, 2024 | 7:34 pm

DXPE

DXP Enterprises (NASDAQ:DXPE) reported Q2 2024 adjusted EPS of $1.02, beating the $0.80 estimate by 27.5%. Sales were $445.60M, surpassing the $434.00M estimate by 2.67% and marking a 4.10% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:34 pm

CMG

Chipotle Mexican Grill, Inc. (NYSE:CMG) shares are trading higher by 1.6% due to strong jobless claims data and better-than-expected second-quarter earnings. The company reported adjusted EPS of 34 cents, beating analyst estimates of 32 cents, and sales of $2.97 billion, surpassing the expected $2.94 billion. Strong labor market data suggests higher consumer confidence and spending, benefiting Chipotle.

Portfolio Pulse from Henry Khederian

August 08, 2024 | 7:33 pm

INSM

Insmed (NASDAQ:INSM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 34.24%. A $100 investment in INSM 5 years ago would now be worth $449.68. The company's current market capitalization is $11.26 billion.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:31 pm

TJX

TJX Companies (NYSE:TJX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 16.23%. A $1000 investment in TJX 20 years ago would be worth $19,912.93 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 7:31 pm

DAL

Delta Air Lines announced that 7,000 flight cancellations have impacted their projected year-over-year September quarter capacity growth by about 1.5 points.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:15 pm