Streetbeat News

Revenues

MDLZ

Mondelēz International expects its FY24 organic net revenue growth to be at the upper end of 3% - 5% and anticipates high single-digit adjusted EPS growth on a constant currency basis.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:24 pm

MSFT

Microsoft reported strong Q4 earnings with revenue and EPS beating estimates. Cloud revenue grew 21% YoY, but Azure growth missed expectations, causing a drop in after-hours trading. The company returned $8.4 billion to shareholders and highlighted its focus on AI leadership.

Portfolio Pulse from Chris Katje

July 30, 2024 | 8:24 pm

UMBF

UMB Financial (NASDAQ:UMBF) reported Q2 2024 adjusted EPS of $2.16, beating the estimate of $2.01. Sales were $390.027M, surpassing the $384.937M estimate and showing a 7.24% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:24 pm

TX

Ternium (NYSE:TX) reported Q2 sales of $4.51 billion, missing the analyst consensus estimate of $4.57 billion by 1.32%. Despite the miss, sales increased by 16.61% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:24 pm

AHT

Ashford Hospitality Trust (NYSE:AHT) reported Q2 2024 earnings per share of $0.27, significantly beating the analyst estimate of $0.13. The company also reported sales of $316.482 million, surpassing the $308.900 million estimate. However, sales decreased by 15.77% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:24 pm

DBVT

DBV Technologies (NASDAQ:DBVT) reported Q2 EPS of $(0.34), beating the $(0.45) estimate, but sales of $1.16M missed the $1.68M estimate. EPS improved from last year, but sales declined significantly.

Portfolio Pulse from totan@benzinga.com

July 30, 2024 | 8:23 pm

CP

Canadian Pacific Kansas reported its Q2 2024 adjusted EPS at C$1.05 and sales at C$3.600 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:23 pm

AKR

Acadia Realty Trust (NYSE:AKR) reported Q2 2024 earnings per share of $0.31, meeting analyst expectations. The company achieved quarterly sales of $85.626 million, surpassing the $72.133 million estimate by 18.71%, despite a 2.85% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:21 pm

TEX

Terex (NYSE:TEX) reported Q2 2024 adjusted EPS of $2.16, beating the estimate of $2.06. However, sales of $1.40 billion missed the $1.43 billion estimate, showing a slight decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:20 pm

KRG

Kite Realty Group Trust (NYSE:KRG) reported Q2 2024 earnings per share of $0.53, surpassing the analyst consensus estimate of $0.50 by 6%. The company also reported quarterly sales of $212.434 million, beating the estimate of $207.534 million by 2.36%. This represents a 1.76% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:20 pm