Streetbeat News

Revenues

WEX

WEX Inc. has provided its Q3 revenue guidance, expecting between $688 million and $698 million, which is below the estimated $705.96 million. The company also anticipates adjusted EPS to be in the range of $4.42 to $4.52, close to the estimated $4.45.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:44 am

RTX

RTX Corporation has projected its fiscal year 2024 adjusted sales to be between $78.75 billion and $79.5 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:44 am

GLD

GOOG

SPY

TSLA

USO

Global markets slumped following a significant decline in the S&P 500 and Nasdaq, driven by disappointing earnings from Alphabet and Tesla. The S&P 500 experienced its largest daily drop since December 2022, and the Nasdaq since October 2022. Commodities like crude oil and gold also saw declines.

Portfolio Pulse from Akanksha Bakshi

July 25, 2024 | 10:41 am

FCNCA

First Citizens BancShares (NASDAQ:FCNCA) reported Q2 2024 adjusted EPS of $50.87, beating the $44.78 estimate, but sales of $2.300 billion missed the $2.328 billion estimate. EPS decreased by 3.29% YoY, while sales increased by 17.29% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:40 am

AMAL

Amalgamated Financial (NASDAQ:AMAL) reported Q2 2024 earnings of $0.85 per share, beating the analyst estimate of $0.79. Sales were $78.450 million, surpassing the $77.358 million estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:40 am

DOV

Dover Corporation has raised its FY24 adjusted EPS outlook from $9.00 - $9.15 to $9.05 - $9.20 and revised its revenue growth forecast from 2% - 4% to 3% - 4%. The company cites positive order trends and healthy end market demand as key factors.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:39 am

BTCUSD

Core Foundation has launched a Dual Staking model to boost Bitcoin yields, rewarding long-term Bitcoin stakers who also stake CORE. This model aims to enhance security and establish the Bitcoin Risk-Free Rate. The initiative is seen as a significant advancement for Core's value proposition.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 10:38 am

LUV

Southwest Airlines expects its Q3 unit revenue to be in the range of 'flat to down 2%' year-over-year, indicating potential challenges in revenue growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:37 am

AUB

Atlantic Union Bankshares (NYSE:AUB) reported Q2 2024 earnings per share of $0.63, missing the analyst estimate of $0.64. The company also reported sales of $208.346 million, falling short of the $216.026 million estimate and showing a 3.62% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:35 am

VRN

Veren (NYSE:VRN) reported Q2 2024 earnings of C$0.38 per share, beating the analyst estimate of C$0.36. Sales were C$1.136 billion, surpassing the C$1.055 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:35 am