Streetbeat News

Revenues

NSP

Insperity (NYSE:NSP) reported Q2 2024 adjusted EPS of $0.86, beating the $0.72 estimate, but sales of $1.605 billion missed the $1.619 billion estimate.

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August 01, 2024 | 12:03 pm

ENPH

VGK

Enphase Energy has started shipping its IQ8 Microinverters to support high-powered solar modules in several European countries including France, Germany, Spain, Bulgaria, Estonia, Slovakia, and Croatia.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:03 pm

K

Kellanova reported its Q2 2024 earnings, with adjusted EPS of $1.01 beating the $0.90 estimate. The company also reported net sales of $3.192 billion and organic net sales of $3.46 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:02 pm

ARW

Arrow Electronics (NYSE:ARW) reported Q2 earnings of $2.78 per share, beating the $2.16 estimate by 28.7%. Sales were $6.89 billion, surpassing the $6.52 billion estimate by 5.72%. However, both earnings and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:02 pm

PATK

Patrick Industries (NASDAQ:PATK) reported Q2 earnings of $2.16 per share, beating the analyst estimate of $2.06. Sales were $1.02 billion, surpassing the $975.03 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:02 pm

UNIT

Uniti Group has provided its revenue guidance for FY24, projecting between $1.154 billion and $1.174 billion, compared to the estimated $1.165 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:02 pm

HTZ

Hertz Global Holdings (NASDAQ:HTZ) reported Q2 2024 adjusted EPS of $(1.44), missing the $(0.90) estimate by 60%. Sales were $2.40B, missing the $2.46B estimate by 2.49% and down 1.52% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:01 pm

RBLX

Roblox reported its Q2 2024 financial results with an adjusted EPS of $(0.32), beating the estimate of $(0.39). However, sales of $893.50M missed the estimate of $898.47M. Net bookings were $955.2M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:01 pm

SWI

SolarWinds reported Q2 2024 adjusted EPS of $0.26, beating the estimate of $0.23. Sales were $193.250 million, surpassing the expected $188.665 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:01 pm

CECO

Analysts' ratings for CECO Environmental (NASDAQ:CECO) have varied from bullish to somewhat bullish over the last quarter. The average 12-month price target has increased by 20.93% to $34.67. Analysts from firms like Northland Capital Markets, Craig-Hallum, Roth MKM, Needham, and HC Wainwright & Co. have raised their price targets and ratings. CECO Environmental has shown positive financial trends, including a 6.46% revenue growth rate, a net margin of 3.26%, and a below-average debt-to-equity ratio of 0.61.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 12:01 pm