Streetbeat News

Revenues

DENN

Denny's (NASDAQ:DENN) reported Q2 2024 earnings per share of $0.13, missing the analyst estimate of $0.19 by 31.58%. Sales were $115.927 million, also missing the estimate of $118.980 million. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:33 pm

BXC

BlueLinx Holdings (NYSE:BXC) reported Q2 2024 adjusted EPS of $1.68, missing the analyst estimate of $1.75. Sales were $768.363M, also missing the $774.993M estimate and down 5.83% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:33 pm

WERN

Werner Enterprises (NASDAQ:WERN) reported Q2 2024 adjusted EPS of $0.17, missing the $0.20 estimate. Sales were $760.798M, below the $770.804M estimate and down 6.20% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:31 pm

SBUX

Starbucks Corp (NASDAQ:SBUX) reported Q3 earnings with revenue missing estimates at $9.1 billion, while EPS was in line at 93 cents per share. Comparable store sales declined 3% globally. The company opened 526 new stores and saw a 7% increase in U.S. rewards memberships. Starbucks declared a cash dividend of 57 cents per share.

Portfolio Pulse from Adam Eckert

July 30, 2024 | 8:31 pm

FRSH

Freshworks has announced its Q3 revenue expectations to be between $180M and $183M, surpassing the estimated $178.7M. The company also expects an adjusted EPS of $0.07 to $0.08, aligning with the estimated $0.08.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:31 pm

KAI

Kadant (NYSE:KAI) reported strong Q2 earnings, with adjusted EPS of $2.81 beating the $2.43 estimate and sales of $274.76M surpassing the $263.41M estimate. This represents a 10.63% increase in EPS and a 12.12% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:31 pm

BGFV

Big 5 Sporting Goods (NASDAQ: BGFV) reported Q2 GAAP EPS of $(0.46), beating the $(0.48) estimate. Sales were $199.82M, down from $223.57M YoY.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:29 pm

PSN

Parsons Corporation (NYSE:PSN) is set to acquire BlackSignal Technologies for $200 million. The acquisition, expected to close in August 2024, will enhance Parsons' capabilities in digital signal processing, electronic warfare, and cybersecurity, and is anticipated to be accretive to revenue growth, adjusted EBITDA margins, and adjusted EPS.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:28 pm

MTCH

Match Group has announced its Q3 2024 revenue forecast to be between $895 million and $905 million, surpassing the estimated $856.4 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:28 pm

WU

Western Union has reiterated its full-year 2024 revenue outlook, projecting GAAP revenue between $4.125 billion and $4.200 billion, and adjusted revenue between $4.15 billion and $4.225 billion. The estimated revenue is $4.185 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:28 pm