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Revenues

MUFG

Mitsubishi UFJ Financial Group (MUFG) reported a Q1 EPS of ¥47.40, up from ¥46.29 year-over-year. Net interest income (NII) increased to ¥823.128 billion from ¥584.190 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:41 am

TSLA

Tesla Inc (NASDAQ:TSLA) has produced its 10 millionth drive unit, with more than half made in Giga Nevada. CEO Elon Musk congratulated the drivetrain team on this achievement.

Portfolio Pulse from Anan Ashraf

August 01, 2024 | 7:24 am

BCS

Barclays has updated its 2024 financial outlook, targeting a return on tangible equity (RoTE) of over 10% and approximately 10.5% excluding inorganic activity. The bank aims for net interest income (NII) of around £11.0 billion, up from the previous target of £10.7 billion, and a cost-to-income ratio of about 63%. Barclays also expects a loan loss rate (LLR) of 50-60 basis points and plans to maintain a CET1 ratio within the 13-14% range.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:22 am

BCS

Barclays (NYSE:BCS) reported Q2 earnings per share of $0.42, beating the analyst estimate of $0.40. Sales increased to $7.98 billion from $7.86 billion YoY.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:19 am

GGB

Gerdau reported Q2 sales of R$16.616 billion, down from R$18.265 billion year-over-year. Adjusted net income also decreased to R$945 million from R$2.143 billion in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:16 am

TGB

Taseko Mines (AMEX:TGB) reported Q2 2024 adjusted EPS of C$0.10, significantly beating the analyst estimate of C$(0.01). The company also reported sales of C$137.730 million, surpassing the estimate of C$127.417 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:00 am

MGNI

Magnite has introduced AI automation in its Demand Manager, which is expected to drive incremental revenue for publishers.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:49 am

ESLT

Elbit Systems has secured a $340 million contract to supply ammunition to the Israeli Ministry of Defense.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:43 am

SHEL

Shell has released its 2024 outlook, maintaining its capital expenditure (Capex) at $22 billion to $25 billion. The company has adjusted its earnings outlook to a net expense of $1.9 billion to $2.3 billion, up from the previous range of $1.7 billion to $2.3 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:18 am

SHEL

Shell (NYSE:SHEL) reported Q2 2024 earnings of $1.98 per share, beating the analyst estimate of $1.82. Sales were $74.463 billion, surpassing the $61.329 billion estimate. Earnings increased by 32% year-over-year, while sales saw a slight decrease of 0.15%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:11 am