Streetbeat News

Revenues

NOV

NOV expects Q3 consolidated revenues to be flat to up in the low-single digit percent range. Management anticipates Adjusted EBITDA to be between $270 million and $305 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:03 pm

NOV

NOV (NYSE:NOV) reported Q2 2024 earnings of $0.57 per share, significantly beating the analyst estimate of $0.35. Sales also surpassed expectations, coming in at $2.216 billion versus the $2.193 billion estimate. Both earnings and sales showed notable year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

CTO

CTO Realty Growth (NYSE:CTO) reported Q2 2024 earnings per share of $0.48, surpassing the analyst estimate of $0.39 by 23.08%. The company also reported sales of $28.845 million, beating the estimate of $27.411 million by 5.23%. This marks a 10.74% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

PFS

Provident Financial Services (NYSE:PFS) reported Q2 2024 adjusted EPS of $0.10, missing the analyst estimate of $0.35 by 71.43%. However, the company reported sales of $141.506 million, beating the estimate of $118.545 million by 19.37%. This represents a 19.42% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:58 pm

ZBAO

Zhibao has entered into a strategic investment cooperation with Sport Covers to develop a new business model in digital sports and insurance brokerage. The partnership is expected to significantly boost Zhibao's revenue over the next few years, with projected increases of CNY 20M in 2024, CNY 50M in 2025, and CNY 80M in 2026. Zhibao aims to capture a substantial share of the sports-related insurance market, targeting 10% by 2024, over 15% by 2025, and more than 20% by 2026.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:38 pm

FSFG

First Savings Financial (NASDAQ:FSFG) reported Q3 2024 adjusted EPS of $0.52, beating the $0.47 estimate, but sales of $14.534M missed the $14.597M estimate. EPS increased by 52.94% year-over-year, while sales decreased by 2.23%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:34 pm

HUBS

HubSpot (NYSE:HUBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.36%. A $100 investment in HUBS 5 years ago would now be worth $272.89. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 9:30 pm

GD

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years with an average annual return of 9.28%, resulting in a $1000 investment growing to $5,817.85. The company currently has a market capitalization of $79.69 billion.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 9:30 pm

BTE

Baytex Energy (NYSE:BTE) reported Q2 earnings per share of $0.10, missing the analyst estimate of $0.12. However, the company reported sales of $828.26 million, beating the estimate of $751.50 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:29 pm

CUBI

Customers Bancorp remains committed to maintaining a CET 1 ratio around 11.5% and a TCE/TA ratio around 7.5% in 2024. The company expects 10%-15% loan growth for the full year and aims to operate at a mid-40's efficiency ratio over the medium term. Guidance on the effective tax rate has been adjusted to 23%-25% due to growth in higher-tax jurisdictions.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:21 pm