Streetbeat News

Revenues

DDOG

Datadog (NASDAQ:DDOG) reported Q2 2024 adjusted EPS of $0.43, beating the estimate of $0.37. Sales were $645 million, surpassing the $624.88 million estimate and marking a 26.60% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:01 am

PZZA

Papa John's International (NASDAQ:PZZA) reported Q2 2024 adjusted EPS of $0.61, beating the estimate of $0.53. However, sales of $507.890 million missed the estimate of $520.519 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:01 am

VTRS

Viatris reported its Q2 2024 results, with adjusted EPS of $0.69 beating the estimate of $0.68, and sales of $3.786 billion surpassing the expected $3.777 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:01 am

AXGN

Axogen reported Q2 2024 adjusted EPS of $0.05, beating the estimate of $(0.04). Sales were $47.912 million, surpassing the $43.391 million estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:01 am

MSFT

PLTR

Palantir and Microsoft are advancing their partnership to offer advanced cloud, AI, and analytics capabilities to the U.S. defense and intelligence community. This includes integrating Microsoft's Azure OpenAI Service within Palantir's AI platform.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:59 am

UA

UAA

Under Armour has revised its FY25 revenue expectations to be down 14-16%, an improvement from the previous range of down 15-17%. The company also anticipates a gross margin increase of 75-100 basis points and adjusted EPS between $0.19 and $0.22, compared to the $0.20 estimate.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:57 am

F

Ford Motor Co (NYSE:F) has introduced higher-end variants of the 2025 Ford Maverick truck after witnessing an 80% increase in sales for the model in 2024 through July. The new variants, Tremor and Lobo, are priced at $39,795 and $40,495 respectively, with orders starting on August 1 and deliveries set for early 2025.

Portfolio Pulse from Anan Ashraf

August 08, 2024 | 10:56 am

BMBL

Bumble Inc. (NASDAQ:BMBL) shares dropped nearly 40% in pre-market trading due to a significant cut in its annual revenue forecast. The company now expects only a 1-2% revenue increase, down from the previously anticipated 8-11%. This decline is attributed to changing consumer tastes and market saturation. Bumble's second-quarter revenues also fell short of analyst expectations, and the company is facing challenges including a falling stock price, layoffs, and new executive appointments.

Portfolio Pulse from Benzinga Neuro

August 08, 2024 | 10:56 am

SBH

Sally Beauty Holdings has reiterated its FY24 outlook, expecting net sales and comparable sales to be approximately flat compared to the prior year. The company also anticipates a gross margin in the range of 50.5%-51.0%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:55 am

BN

Brookfield (NYSE:BN) reported Q2 2024 adjusted EPS of $1.35, significantly beating the analyst estimate of $0.80. However, sales decreased by 2.61% year-over-year to $23.050 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:53 am