Streetbeat News

Revenues

HONE

HarborOne Bancorp (NASDAQ:HONE) reported Q2 earnings per share (EPS) of $0.18, beating the analyst estimate of $0.17. The company also reported sales of $31.35 million, surpassing the $30.78 million estimate. Despite the beats, sales were down 2.34% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:04 pm

IBCP

Independent Bank (NASDAQ:IBCP) reported strong Q2 earnings, with EPS of $0.88 beating the estimate of $0.70 and sales of $41.35M surpassing the $41.10M estimate. This represents a significant year-over-year increase in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:03 pm

FSS

Federal Signal (NYSE:FSS) reported strong Q2 earnings, with adjusted EPS of $0.95 beating estimates by 13.1% and sales of $490.40M surpassing expectations by 0.87%. This marks significant year-over-year growth in both earnings and sales.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:02 pm

CRS

Carpenter Technology Corporation (CRS) reported its Q4 2024 results, with adjusted EPS of $1.82, beating the estimate of $1.51. Sales were $798.7 million, surpassing the expected $763.75 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:01 pm

AAPL

STM

TSLA

STMicroelectronics (STM), a supplier for Tesla (TSLA) and Apple (AAPL), reported a 25.3% YoY revenue decline for Q2 2024, beating analyst estimates. Despite beating EPS estimates, the stock plunged due to weak performance in industrial and automotive sectors. STM's outlook for Q3 and fiscal 2024 is below consensus estimates.

Portfolio Pulse from Anusuya Lahiri

July 25, 2024 | 11:59 am

ETHE

FETH

GBTC

IBIT

Bitcoin and Ethereum experienced significant price drops, with Bitcoin falling over 3% and Ethereum plunging below $3,200. The decline was linked to a broader market downturn affecting U.S. technology stocks. Ethereum ETFs saw substantial outflows, while Bitcoin ETFs recorded mixed inflows and outflows.

Portfolio Pulse from Murtuza Merchant

July 25, 2024 | 11:54 am

SHYF

The Shyft Group has revised its FY24 sales forecast to $800M-$850M, down from the previous $850M-$900M and below the $868.07M estimate. The company also projects adjusted EPS of $0.35-$0.50, compared to the $0.41 estimate and prior view of $0.28-$0.51.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:53 am

RTO

Rentokil Initial continues to expect organic revenue growth in North America within the guided 2-4% range for the full year, albeit at the lower end.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:48 am

RTO

Rentokil Initial reported a 4.0% increase in H1 revenue, with a 1.3% rise on a statutory basis. Organic revenue growth was 2.8% at constant exchange rates.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:47 am

UNP

Union Pacific (NYSE:UNP) reported Q2 2024 GAAP EPS of $2.74, beating the estimate of $2.72. However, sales of $6.01 billion missed the $6.06 billion estimate. Sales increased by 0.79% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:46 am