Streetbeat News

Revenues

MGM

MGM Resorts International (NYSE:MGM) reported better-than-expected Q2 results with earnings of 86 cents per share and $4.3 billion in sales, both surpassing analyst estimates. Las Vegas strip resorts and China operations showed significant revenue growth. Despite the positive results, MGM shares fell 4% after-hours.

Portfolio Pulse from Erica Kollmann

July 31, 2024 | 9:15 pm

CSV

Carriage Services projects its 2024 adjusted EPS to be between $2.30 and $2.40, surpassing the estimated $2.27. The company also forecasts total revenue of $390M-$400M, exceeding the estimated $386.1M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:14 pm

MX

Magnachip has revised its FY24 consolidated revenue expectations from flat-to-up slightly to flattish-to-slightly down year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:14 pm

BHR

Braemar Hotels & Resorts (NYSE:BHR) reported Q2 2024 earnings per share of $0.10, missing the analyst estimate of $0.14 by 28.57%. However, the company beat sales estimates with $187.587 million, a slight increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:13 pm

MX

Magnachip Semiconductor Corporation (MX) has announced its expected Q3 consolidated revenue to be in the range of $61.5 million to $66.5 million, with an estimate of $62.5 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:13 pm

LUNG

Pulmonx has reaffirmed its revenue expectations for FY24, projecting between $81 million and $84 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:12 pm

NTGR

NETGEAR has announced its expected net revenue for Q3 to be between $160 million and $175 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:11 pm

APA

APA Corporation (NASDAQ: APA) reported strong Q2 earnings, with adjusted EPS of $1.17 beating the estimate of $1.08 and sales of $2.79 billion surpassing the $2.37 billion estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:11 pm

GRBK

Green Brick Partners (NYSE:GRBK) reported strong Q2 2024 earnings, with GAAP EPS of $2.32 beating the $1.74 estimate and sales of $560.631M surpassing the $502.637M estimate. This represents significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:10 pm

ERII

Energy Recovery has reaffirmed its full-year revenue guidance, projecting revenues between $140 million and $150 million.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:10 pm