Streetbeat News

Revenues

CLS

Celestica has announced its Q3 revenue expectations to be between $2.325 billion and $2.475 billion, surpassing the estimated $2.29 billion. The company also expects adjusted EPS to be between $0.86 and $0.96, higher than the estimated $0.82.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:53 pm

CLS

Celestica (NYSE:CLS) reported strong Q2 2024 earnings, with adjusted EPS of $0.91 beating estimates by 12.35% and sales of $2.391 billion surpassing expectations by 6.31%. Both metrics showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:51 pm

MPB

Mid Penn Bancorp reported Q2 2024 sales of $44.095 million, surpassing the estimated $41.910 million.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:39 pm

CBFV

CB Financial Services (NASDAQ:CBFV) reported Q2 2024 adjusted EPS of $0.52, beating the estimate of $0.51, but sales of $12.158M missed the $12.300M estimate. EPS decreased by 5.45% YoY, and sales decreased by 9.19% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:35 pm

RIG

Transocean has released its quarterly fleet status report, revealing a total backlog of $8.8 billion as of July 24, 2024. The aggregate incremental backlog associated with new fixtures is approximately $656 million.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:30 pm

NRG

NRG Energy (NYSE:NRG) has outperformed the market over the past 5 years, producing an average annual return of 16.37%. An investment of $100 in NRG stock 5 years ago would be worth $215.11 today. The article highlights the impact of compounded returns on cash growth.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 9:30 pm

AMZN

DIS

Amazon's stock rose after the NBA announced a broadcasting deal with Prime Video, which will telecast NBA games starting from the 2025-26 season. The deal also includes partnerships with Disney and NBCUniversal.

Portfolio Pulse from Adam Eckert

July 24, 2024 | 9:28 pm

CLB

Core Laboratories (CLB) has provided its Q3 revenue guidance of $131M - $137M, which is in line with the estimated $135.11M. The company also expects EPS to be between $0.23 and $0.27, matching the estimated $0.25.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:21 pm

CLB

Core Laboratories (NYSE:CLB) reported Q2 2024 adjusted EPS of $0.22, beating the estimate of $0.21. However, sales of $130.577M missed the estimate of $132.170M.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 9:17 pm

ALGN

Align Technology Inc (NASDAQ:ALGN) shares dropped in after-hours trading following the release of its Q2 earnings report, which showed mixed results and soft guidance. The company reported Q2 revenue of $1.03 billion, slightly below estimates, and EPS of $2.41, above estimates. Despite a 2.6% year-over-year revenue increase, clear aligner revenues were down 0.1%. Align's guidance for Q3 and full-year 2024 was below expectations, contributing to the stock's decline.

Portfolio Pulse from Adam Eckert

July 24, 2024 | 9:12 pm