Streetbeat News

Revenues

DRS

Leonardo DRS (NASDAQ:DRS) reported Q2 2024 adjusted EPS of $0.18, beating the $0.14 estimate. Sales were $753 million, surpassing the $680.357 million estimate and showing a 19.90% increase from last year's $628 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:33 am

PEG

Public Service Enterprise (NYSE:PEG) reported Q2 2024 adjusted EPS of $0.63, meeting analyst expectations, and sales of $2.423 billion, beating the $2.052 billion estimate. EPS decreased by 10% year-over-year, while sales increased slightly by 0.08%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:32 am

RGEN

Repligen reported Q2 2024 adjusted EPS of $0.33, which was in line with expectations. However, the company missed its sales estimate, reporting $154.073 million compared to the expected $154.121 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:32 am

PHIN

Phinia (NYSE:PHIN) reported Q2 2024 earnings of $0.88 per share, missing the analyst estimate of $1.15. Sales were $868 million, down 2.14% from $887 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:31 am

HUBB

Hubbell (NYSE:HUBB) reported Q2 earnings of $4.37 per share, beating the analyst estimate of $4.25. However, sales of $1.45 billion missed the $1.49 billion estimate. Earnings increased by 7.37% year-over-year, while sales grew by 6.30%.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:31 am

MHO

M/I Homes (NYSE:MHO) reported Q2 2024 earnings per share (EPS) of $5.12, surpassing the analyst consensus estimate of $4.59 by 11.55%. The company also reported quarterly sales of $1.1 billion, exceeding the estimate of $1.057 billion by 4.04%. This represents an 8.48% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:31 am

ETHA

ETHE

FETH

GBTC

IBIT

Bitcoin spot ETFs saw net inflows for the fourth consecutive day, while Ethereum ETFs experienced continued outflows. BlackRock's Bitcoin ETF led with $206 million in new investments, whereas Grayscale's Bitcoin ETF saw outflows of $54.2931 million. Ethereum ETFs faced a net outflow of $98.2856 million, with Grayscale's Ethereum ETF losing $210 million. However, BlackRock's and Fidelity's Ethereum ETFs attracted inflows.

Portfolio Pulse from Murtuza Merchant

July 30, 2024 | 11:31 am

DFLI

DFLIW

Dragonfly Energy will receive an initial licensing fee of $5 million and have the right to mid-single digit royalty payments for up to an additional $25 million.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:30 am

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has entered a $30 million strategic partnership with Stryten Energy to license and distribute its Battle Born Batteries brand globally. The deal includes an upfront payment of $5 million and subsequent royalty payments. The partnership aims to expand Dragonfly's market presence into new B2B sectors.

Portfolio Pulse from Anusuya Lahiri

July 30, 2024 | 11:30 am

DFLI

DFLIW

Dragonfly Energy has entered into a $30 million licensing agreement with Stryten Energy for its Battle Born Batteries brand. Stryten Energy is a leading North American battery manufacturer.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:30 am