Streetbeat News

Revenues

MATX

Matson (NYSE:MATX) reported Q2 2024 adjusted EPS of $3.31, beating the $3.00 estimate. Sales were $847.40M, surpassing the $839.49M estimate and showing a 9.57% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:19 pm

SNAP

Snap Inc. reported its Q2 2024 earnings with an adjusted EPS of $0.02, which was in line with expectations. However, the company missed its sales estimate, reporting $1.24 billion in revenue compared to the expected $1.25 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

CLPR

Clipper Realty (NYSE:CLPR) reported Q2 2024 earnings of $0.17 per share, beating the analyst estimate of $0.12 by 41.67%. Sales were $37.346 million, surpassing the $36.008 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

BIO

Bio-Rad Laboratories has revised its FY24 non-GAAP revenue forecast, now expecting a decline of 2.5-4%, compared to the previous estimate of a 1-2.5% decline.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

ATRO

Astronics (NASDAQ:ATRO) reported Q2 2024 earnings per share (EPS) of $0.04, significantly beating the analyst consensus estimate of $(0.01). The company also reported quarterly sales of $198.1 million, surpassing the estimate of $190.995 million and marking a 13.55% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

RNG

RingCentral reported Q3 2024 financial results with subscription revenue of $572M-$575M and total revenue of $600.5M-$603.5M, both up 8% YoY. The GAAP operating margin is between -1.3% and -0.7%, while the non-GAAP operating margin is 21.0%. The non-GAAP EPS is $0.92-$0.93.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:18 pm

AMZN

Amazon reported Q2 earnings with net sales of $148 billion, missing estimates, but EPS of $1.26 beat expectations. AWS showed strong growth, and Q3 guidance is positive. Shares fell 3% in after-hours trading.

Portfolio Pulse from Chris Katje

August 01, 2024 | 8:18 pm

BIO

Bio-Rad Laboratories (NYSE:BIO) reported Q2 2024 adjusted EPS of $3.11, beating the $2.01 estimate by 54.73%. However, sales of $638.5M missed the $645.789M estimate by 1.13%, marking a 6.25% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:17 pm

NEE

Whales are showing a bullish stance on NextEra Energy (NYSE:NEE) with significant options trading activity. 45% of the trades are bullish, and 36% are bearish. The predicted price range for NEE is between $57.5 and $85.0 over the next three months. The stock is currently trading at $78.41, up by 2.64%, with an RSI indicating it may be approaching overbought territory. Analysts have mixed ratings with a consensus target price of $76.67.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 8:17 pm

ICFI

ICF International (NASDAQ:ICFI) reported strong Q2 earnings, with adjusted EPS of $1.69 beating estimates by 13.42% and sales of $512.33M surpassing expectations by 1.29%. Both metrics showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:17 pm