Streetbeat News

Revenues

NEP

NextEra Energy Partners (NYSE:NEP) reported Q2 2024 earnings per share (EPS) of $0.66, significantly beating the analyst estimate of $0.28. The company also reported sales of $360 million, surpassing the estimate of $357.659 million. Both EPS and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:37 am

NEE

NextEra Energy (NYSE:NEE) reported Q2 2024 earnings of $0.96 per share, missing the analyst estimate of $0.98. Sales were $6.069 billion, also missing the $7.470 billion estimate. Despite the misses, EPS increased by 9.09% year-over-year, while sales decreased by 17.42%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:36 am

FTV

Fortive Corporation has provided its financial guidance for fiscal year 2024, projecting adjusted EPS between $3.80 and $3.86, slightly below the consensus estimate of $3.81. The company also expects revenue to be in the range of $6.25 billion to $6.30 billion, which is lower than the estimated $6.37 billion.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:32 am

FTV

Fortive (NYSE: FTV) reported Q2 2024 adjusted EPS of $0.93, beating the analyst estimate of $0.92. However, sales of $1.552 billion missed the $1.570 billion estimate. Sales increased by 1.73% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:30 am

TSM

TSMC is set to begin construction on a new wafer fab in Germany by the end of 2024, with production expected to start by the end of 2027.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:28 am

RCI

Rogers Communication has reaffirmed its 2024 outlook, projecting total service revenue growth of 8%-10% and adjusted EBITDA growth of 12%-15%.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:10 am

TLRY

Tilray Brands announced a significant milestone in the medical cannabis market in Europe, which could positively impact its market position and stock price.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:10 am

HCSG

Healthcare Services Group (HCSG) has provided revenue guidance for Q3 and Q4, expecting $425M-$435M and $430M-$440M, respectively. This is slightly below the consensus estimates of $431.14M for Q3 and $437.04M for Q4.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:09 am

TSLA

Tesla aims to achieve profitability for its Cybertruck by the end of 2024 through increased production and cost savings with in-house dry cathode 4680 cells. The company has significantly ramped up production and plans to further increase it, while also working on reducing costs with new cell technology.

Portfolio Pulse from Anan Ashraf

July 24, 2024 | 11:08 am

SLAB

Silicon Labs (SLAB) has provided its Q3 2024 revenue guidance, expecting between $160M and $170M, which is below the $172.15M estimate. The company also provided GAAP gross margin, operating expenses, and diluted loss per share estimates.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:07 am