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Revenues

ASIX

AdvanSix (NYSE:ASIX) reported strong Q2 2024 earnings, with an adjusted EPS of $1.55 beating the $1.20 estimate and sales of $453.479 million surpassing the $426.800 million estimate. This represents a 24% increase in EPS and a 5.97% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:32 am

LYB

LyondellBasell expects its margins to benefit from low costs for natural gas and natural gas liquids used in North American and Middle East production.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:31 am

XOM

Exxon Mobil (NYSE:XOM) reported Q2 2024 adjusted EPS of $2.14, beating the $2.01 estimate. Sales were $93.060 billion, surpassing the $90.987 billion estimate. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:31 am

LYB

LyondellBasell Industries (NYSE:LYB) reported Q2 2024 adjusted EPS of $2.24, beating the estimate of $2.23. Sales were $10.558 billion, surpassing the $10.444 billion estimate and marking a 2.45% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:30 am

IBM

NVDA

TSM

Japanese startup Rapidus, backed by IBM, will begin test production of 2-nanometer semiconductors in April, aiming to revitalize Japan's chip industry. Despite being behind global rivals, Rapidus plans to offer faster response times and smaller batch production. IBM's partnership with Rapidus aligns with its AI sector growth and diversification strategy.

Portfolio Pulse from Benzinga Neuro

August 02, 2024 | 10:27 am

SMFG

Sumitomo Mitsui Financial Group (NYSE: SMFG) reported Q1 earnings of $0.36 per share, beating the analyst estimate of $0.33. This represents a 33.33% increase from last year's $0.27 per share. Sales were $16.19 billion, a slight decrease from $16.26 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:22 am

LIN

Linde has tightened its FY24 adjusted EPS forecast to a range of $15.40 - $15.60, representing growth of 8% to 10% versus the prior year. Full-year capital expenditures are expected to be between $4.0 billion and $4.5 billion.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:19 am

CVX

Chevron (NYSE:CVX) reported Q2 2024 earnings per share (EPS) of $2.55, missing the analyst estimate of $2.93 by 12.97%. However, sales were $51.181 billion, beating the estimate of $50.795 billion by 0.76%. EPS decreased by 17.21% year-over-year, while sales increased by 4.67%.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:15 am

BEDU

Bright Scholar Education (NYSE:BEDU) reported Q3 earnings of $0.24 per share, a significant improvement from a loss of $(0.16) per share YoY. However, sales decreased by 7.25% to $76.50 million from $82.48 million YoY.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:11 am

LIN

Linde (NASDAQ:LIN) reported Q2 2024 adjusted EPS of $3.85, beating the estimate of $3.78, but sales of $8.267 billion missed the $8.316 billion estimate. EPS increased by 7.84% year-over-year, while sales grew by 0.77%.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:10 am