Streetbeat News

Revenues

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

FRST

Primis Financial (NASDAQ: FRST) reported Q2 2024 earnings per share (EPS) of $0.32, missing the analyst consensus estimate of $0.38 by 15.79%. However, the company reported quarterly sales of $42.116 million, beating the analyst consensus estimate of $29.286 million by 43.81%. This represents a 21.57% increase over sales of $34.643 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:19 pm

CUBI

Customers Bancorp (NYSE:CUBI) reported Q2 2024 adjusted EPS of $1.49, beating the $1.43 estimate. Sales were $167.653M, surpassing the $164.477M estimate. Despite the beats, EPS decreased by 9.7% YoY, while sales increased by 1.44% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:19 pm

SAM

Boston Beer Company Inc (NYSE:SAM) reported Q2 earnings of $4.39 per share, missing the $5.10 estimate. Sales were $579.1 million, below the $597.333 million estimate. Depletions decreased 4% and shipments decreased 6.4%. Gross margin improved to 46%. The company reaffirmed its full-year guidance of GAAP EPS between $7.00 and $11.00. Shares fell 5% after-hours.

Portfolio Pulse from Erica Kollmann

July 25, 2024 | 9:18 pm

COUR

Coursera continues to expect FY24 revenue in the range of $695M to $705M, aligning with the estimated $699.746M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:14 pm

MTX

Minerals Technologies (NYSE:MTX) reported Q2 2024 adjusted EPS of $1.65, beating the estimate of $1.60, but sales of $541.2M missed the $556.35M estimate. EPS increased by 25.95% year-over-year, while sales decreased by 1.87%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:13 pm

COUR

Coursera has announced its expected Q3 revenue to be between $171 million and $175 million, which is below the estimated $178.84 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:12 pm

COUR

Coursera has provided its Q3 revenue guidance of $171M-$175M, which is below the estimated $178.84M. For FY24, the company expects revenue between $695M-$705M, slightly below the $699.75M estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:10 pm

BWMX

Betterware de México (BWMX) anticipates its FY24 net revenue to grow between 6.1% and 10.7%, with EBITDA expected to improve by 6.6% to 13.9%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:09 pm