Streetbeat News

Revenues

CVNA

Carvana Co (NYSE:CVNA) reported strong Q2 earnings with revenue of $3.41 billion and EPS of 14 cents, both beating estimates. Vehicle sales jumped 33% YoY, and the company provided upbeat guidance for Q3 and FY 2024. Shares rose 10.33% after hours.

Portfolio Pulse from Adam Eckert

July 31, 2024 | 8:33 pm

CTVA

Corteva projects its FY24 EPS to be between $2.60 and $2.80, compared to the estimated $2.77. The company also forecasts revenue between $17.2 billion and $17.5 billion, against the estimated $17.372 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:33 pm

META

Meta shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:32 pm

FMC

FMC Corporation has provided its financial outlook for fiscal year 2024, projecting revenues between $4.3 billion and $4.5 billion, compared to the estimated $4.43 billion. The company also expects adjusted EPS to range from $3.02 to $3.64, against an estimate of $3.48.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:32 pm

TS

Tenaris (NYSE:TS) reported Q2 2024 earnings of $0.59 per share, missing the analyst consensus estimate of $0.97 by 39.18%. The company reported quarterly sales of $3.32 billion, meeting the analyst consensus estimate but marking an 18.53% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

FMC

FMC Corporation (NYSE:FMC) reported Q2 2024 adjusted earnings per share (EPS) of $0.63, surpassing the analyst consensus estimate of $0.55 by 14.55%. The company also reported quarterly sales of $1.04 billion, in line with expectations and representing a 2.46% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

IEX

IDEX (NYSE:IEX) reported Q2 2024 earnings per share of $2.06, beating the analyst estimate of $2.04. However, sales were $807.2 million, missing the $827.785 million estimate. Both EPS and sales were down compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

PPC

Pilgrims Pride (NASDAQ:PPC) reported Q2 2024 adjusted EPS of $1.67, beating the estimate of $1.30 by 28.46%. However, sales of $4.600 billion missed the estimate of $4.622 billion by 0.48%, though they increased by 6.78% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:31 pm

HST

Host Hotels & Resorts (NASDAQ:HST) reported Q2 earnings of $0.57 per share, beating the analyst estimate of $0.56. Sales were $1.47 billion, in line with expectations. Both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:30 pm

ANSS

Ansys (NASDAQ:ANSS) reported Q2 2024 adjusted EPS of $2.50, beating the estimate of $1.92 by 30.21%. Sales were $594.1M, surpassing the $549.301M estimate and showing a 19.63% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:30 pm