Streetbeat News

Revenues

HUBS

HubSpot, Inc. (NYSE:HUBS) shares surged after the company reported strong Q2 financial results, beating analyst estimates on both earnings and revenue. The company also provided positive forward guidance for Q3 and the full year.

Portfolio Pulse from Erica Kollmann

August 07, 2024 | 8:41 pm

ZG

Zillow Group has announced its Q3 2024 revenue forecast to be between $545 million and $560 million, surpassing the estimated $538 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:41 pm

OBDC

Owl Rock Capital (NYSE:OBDC) reported Q2 2024 earnings per share (EPS) of $0.31, missing the analyst consensus estimate of $0.47 by 34.04%. However, the company reported sales of $396.7 million, beating the analyst consensus estimate of $392.312 million by 1.12%. This represents a 0.63% increase over sales of $394.223 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:41 pm

KRO

Kronos Worldwide (NYSE:KRO) reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.15. However, sales of $500.50M missed the $543.12M estimate. Sales increased by 12.93% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:40 pm

UVV

Universal (NYSE:UVV) reported a significant improvement in its Q1 earnings, with EPS rising to $0.01 from a loss of $(0.08) YoY, and sales increasing by 15.32% to $597.05 million.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 8:40 pm

CHRD

Chord Energy has updated its FY24 guidance following its combination with Enerplus. The company expects to generate $2.9B in Adjusted EBITDA and $1.2B in Adjusted Free Cash Flow, with a reinvestment rate of 55%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:39 pm

CYN

Cyngn (NASDAQ:CYN) reported Q2 EPS of $(4.11), beating the $(8.00) estimate, but sales of $8.66K missed the $540.00K estimate. EPS improved by 68.31% YoY, while sales decreased by 98.43% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:39 pm

BYND

Beyond Meat Inc (NASDAQ:BYND) reported Q2 revenue of $93.2 million, beating estimates but posted a larger-than-expected adjusted loss per share. Despite a year-over-year revenue decline, the company ended the quarter with $158 million in cash and $1.1 billion in debt. Shares rose 6.49% after hours.

Portfolio Pulse from Adam Eckert

August 07, 2024 | 8:39 pm

SRPT

Sarepta Therapeutics has projected its FY25 net product revenue to be between $2.9 billion and $3.1 billion, which is below the market estimate of $3.24 billion.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:37 pm

SAFT

Safety Insurance Group (NASDAQ:SAFT) reported Q2 2024 adjusted EPS of $1.13, missing the analyst estimate of $1.30. However, sales increased by 33.41% year-over-year to $269.78 million.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:37 pm