Streetbeat News

Revenues

VLTO

Veralto (NYSE:VLTO) reported Q2 2024 adjusted EPS of $0.85, beating the $0.80 estimate. Sales were $1.288 billion, surpassing the $1.277 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:31 pm

JOE

The St. Joe Company (NYSE: JOE) reported a significant increase in Q2 2024 revenue and gross margin for its hospitality segment. Revenue rose to $62.3 million from $45.1 million YoY, and gross margin increased to 39.2% from 26.2% YoY, driven by new property openings, operational efficiencies, and increased visitation to Northwest Florida.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:31 pm

SKYW

SkyWest (NASDAQ:SKYW) reported Q2 2024 GAAP EPS of $1.82, beating the estimate of $1.74. Sales were $867.118M, surpassing the $826.623M estimate and marking a 19.50% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:30 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past decade, delivering an average annual return of 26.81%. A $100 investment in DexCom 10 years ago would now be worth $1,081.75. The company's current market capitalization stands at $29.82 billion.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 8:30 pm

VEEV

Veeva Systems (NYSE:VEEV) has significantly outperformed the market over the past 10 years, delivering an average annual return of 22.71%. A $1000 investment in VEEV 10 years ago would be worth $7,874.63 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 8:30 pm

ET

Energy Transfer has announced an increase in its quarterly cash distribution to $0.32 per unit for Q2 2024, representing a 3.2% increase from the previous year. The distribution is payable on August 19 to unitholders of record on August 9.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:29 pm

WY

Weyerhaeuser expects Q3 earnings to be $10M lower than Q2 and Adjusted EBITDA to be $30M lower due to timing and mix of real estate sales. However, FY24 Adjusted EBITDA is projected to be $330M, a $10M increase from prior outlook. The company also provided detailed expectations for various product segments.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:28 pm

ASB

Associated Banc (NYSE:ASB) reported Q2 2024 earnings per share (EPS) of $0.52, which met analyst expectations but represented a 7.14% decrease from the same period last year. The company reported sales of $321.752 million, missing the analyst estimate of $330.872 million by 2.76% and showing a 0.53% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:28 pm

DXCM

Dexcom has announced its FY24 revenue guidance to be between $4.00 billion and $4.05 billion, which is below the estimated $4.33 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:28 pm

UCTT

Ultra Clean Holdings (NASDAQ:UCTT) reported Q2 2024 adjusted EPS of $0.32, beating the $0.26 estimate. Sales were $516.1M, surpassing the $490.064M estimate. EPS increased by 100% YoY, and sales grew by 22.44% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:28 pm