Streetbeat News

Revenues

ARCH

Arch Resources (NYSE:ARCH) reported Q2 2024 GAAP EPS of $0.81, missing the $1.35 estimate by 40%. Sales of $608.75M beat the $562.295M estimate by 8.26%. EPS decreased by 79.95% YoY, and sales decreased by 19.62% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:57 am

CBRE

CBRE Group (NYSE:CBRE) reported Q2 2024 adjusted EPS of $0.81, beating the estimate of $0.76. Sales were $8.391 billion, surpassing the $8.313 billion estimate. Despite a slight decrease in EPS from last year, sales increased by 8.69%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:56 am

TSCO

Tractor Supply reported Q2 2024 GAAP EPS of $3.93, which was in line with expectations. However, sales of $4.246 billion missed the $4.284 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:56 am

LVWR

LiveWire Group has reiterated its electric motorcycle sales forecast for FY24, expecting to sell between 1,000 and 1,500 units. The company also projects an operating loss between $105 million and $115 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:55 am

BFH

Bread Financial Holdings (BFH) reported its Q2 2024 adjusted EPS from continuing operations at $2.66, significantly beating the estimate of $1.77. The company's revenue for the quarter was $939 million, surpassing the expected $922.309 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:54 am

RS

Reliance Steel & Aluminum Co. (RS) expects Q3 2024 adjusted EPS to be between $3.60 and $3.80, below the estimated $4.51. The company anticipates stable demand but lower shipment volumes due to seasonal patterns and lower average selling prices, particularly for carbon steel products.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:54 am

HOG

Harley-Davidson (NYSE:HOG) reported strong Q2 2024 earnings, with adjusted EPS of $1.63 beating estimates of $1.40 and sales of $1.62 billion surpassing the $1.28 billion estimate. This represents a significant year-over-year sales increase of 34.36%.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:52 am

PSN

Parsons Corporation has been selected by the Indiana Department of Transportation for a five-year, $26 million contract to support the I-69 Ohio River Crossing Project.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:52 am

RS

Reliance (NYSE:RS) reported Q2 2024 earnings per share of $4.65, missing the analyst estimate of $4.73. The company also reported sales of $3.643 billion, slightly below the $3.650 billion estimate. This represents a 6.10% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:52 am

FTI

TechnipFMC has updated its FY24 guidance, raising subsea revenue to $7.6B-$7.8B from $7.2B-$7.6B, and surface technologies revenue to $1.2B-$1.35B. Free cash flow guidance has also been increased to $425M-$575M from $350M-$500M.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:51 am