Streetbeat News

Revenues

BAND

Bandwidth reported Q2 2024 adjusted EPS of $0.29, beating the estimate of $0.24. Sales were $173.602 million, surpassing the estimate of $173.325 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:30 am

ABEV

Ambev (NYSE:ABEV) reported Q2 2024 earnings per share of $0.03, meeting analyst expectations. The company also reported sales of $3.847 billion, surpassing the $3.609 billion estimate by 6.59%. This represents a 0.76% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:30 am

MPLN

MultiPlan (MPLN) expects Q3 2024 sales to be between $230M and $245M, which is below the consensus estimate of $259.24M. The company also projects adjusted EBITDA to be in the range of $140M to $150M.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:30 am

TMDX

TransMedics Group shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:27 am

MPLN

Multiplan has lowered its 2024 sales guidance to $935M-$955M from the prior guidance of $1B-$1.03B, which is below the consensus of $1.009B. The company also updated its guidance for adjusted EBITDA, cash flow from operations, and other financial metrics.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:26 am

TM

Toyota Motors reported Q1 2025 revenue of $77,336 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:25 am

SAVE

Spirit Airlines expects Q3 total revenue to be between $1.155B and $1.175B, below the estimated $1.331B. The company faces challenges from increased industry capacity and changes in ancillary pricing. Additionally, the elimination of change and cancellation fees is expected to impact revenue per passenger segment negatively through 2024. A recent operational disruption due to a CrowdStrike IT outage resulted in the cancellation of 470 flights, with an estimated $7.2 million negative impact on Q3 operating income.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:23 am

CVE

Cenovus Energy (NYSE:CVE) reported Q2 earnings per share of $0.39, missing the analyst estimate of $0.52 by 25%. However, the company reported sales of $10.89 billion, beating the estimate of $10.56 billion by 3.13%.

Portfolio Pulse from totan@benzinga.com

August 01, 2024 | 10:21 am

RSI

Rush Street Interactive shares are trading higher after the company reported better-than-expected Q2 earnings and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:20 am

PRM

Perimeter Solutions (NYSE:PRM) reported Q2 2024 GAAP EPS of $0.14, a 54.84% decrease from $0.31 YoY. However, sales were $127.276M, beating the $87.520M estimate and showing a 67.17% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:18 am