Streetbeat News

Revenues

ESS

Essex Property Trust (NYSE:ESS) reported Q2 2024 sales of $442.355 million, surpassing the analyst consensus estimate of $431.822 million by 2.44%. This marks a 6.32% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:46 pm

APLD

Applied Digital Corporation has received the remaining $25 million held in escrow from the sale of its Garden City, Texas facility after meeting conditional approval requirements.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:44 pm

FE

FirstEnergy provided Q3 earnings guidance of $0.85-$0.95 per share, slightly above the $0.89 estimate. The company also affirmed its FY24 EPS guidance of $2.61-$2.81 per share, compared to the $2.69 estimate, and reiterated its long-term annual operating earnings growth target of 6%-8%, supported by a $26 billion, five-year capital investment plan.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:44 pm

QRVO

Qorvo's Q1 2025 adjusted EPS of $0.87 beat the estimate of $0.71, and sales of $886.7 million surpassed the $851.882 million estimate.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:43 pm

ZWS

Zurn Elkay Water Solutions expects Q3 pro forma core sales growth in low single digits and an adjusted EBITDA margin of approximately 25%. The company has raised its full-year adjusted EBITDA margin expansion guidance to 200-250 basis points and expects full-year free cash flow to exceed $250 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:43 pm

MTCH

Match Group shares are trading higher after the company reported better-than-expected Q2 revenue results and issued strong Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:42 pm

BNL

Broadstone Net Lease (NYSE:BNL) reported Q2 2024 earnings per share of $0.36, meeting analyst expectations. The company also reported sales of $105.907 million, slightly beating the estimate of $105.423 million. However, this represents a 3.15% decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:42 pm

ZWS

Zurn Elkay Water (NYSE:ZWS) reported Q2 2024 earnings per share of $0.26, missing the analyst estimate of $0.31 by 16.13%. However, the company reported sales of $412.00 million, beating the estimate of $408.52 million by 0.85%. This represents a 2.18% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:42 pm

MOD

Modine Manufacturing (NYSE:MOD) reported strong Q1 2025 earnings, with adjusted EPS of $1.04 beating the $0.84 estimate and sales of $661.5M surpassing the $629.86M estimate. This represents a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:41 pm

HLI

Houlihan Lokey is optimistic about FY25 due to improvements in M&A and capital markets activity, despite macroeconomic uncertainties.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:41 pm