Streetbeat News

Revenues

NTB

Bank of N.T Butterfield (NYSE:NTB) reported Q2 2024 earnings per share (EPS) of $1.11, beating the analyst estimate of $1.05. Sales were $142.7 million, also surpassing the estimate of $139.522 million. Despite beating estimates, both EPS and sales showed a year-over-year decline.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:43 pm

TMC

Impossible Metals, a private company developing ocean floor mining technology, is considering offtake agreements over an IPO to fund its operations. The company aims to build and test a full-sized robot by 2027 and needs $23 million in venture capital for initial testing and staffing. The Metals Company (NASDAQ:TMC), a competitor, has expressed skepticism about Impossible Metals' technology.

Portfolio Pulse from Matt Whittaker

July 22, 2024 | 8:43 pm

IPAR

Inter Parfums has reaffirmed its 2024 guidance, projecting net sales of $1.45 billion and an EPS of $5.15, aligning closely with market estimates.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:42 pm

CCTG

CCSC Technology (NASDAQ:CCTG) reported a significant decline in both earnings per share (EPS) and sales for FY24. EPS dropped by 40.91% to $0.13 from $0.22 YoY, while sales fell by 39.00% to $14.70 million from $24.10 million YoY.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:39 pm

LGDTF

Liberty Gold (OTC:LGDTF) CEO Calvin Everett discusses the company's focus on developing Carlin-type gold deposits in Utah and Idaho, emphasizing the economic and environmental benefits of their heap leach systems. Everett highlights the challenges posed by fluctuating gold prices and the importance of a robust mine life. He also mentions the potential impact of political developments on the commodities market and the company's upcoming economic study.

Portfolio Pulse from Stjepan Kalinic

July 22, 2024 | 8:39 pm

IPAR

Inter Parfums (NASDAQ:IPAR) reported Q2 sales of $342 million, surpassing the analyst consensus estimate of $337.711 million by 1.27%. This marks a 10.59% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:38 pm

CADE

Cadence Bank (NYSE:CADE) reported Q2 earnings of $0.69 per share, beating the analyst estimate of $0.61 by 13.11%. Sales were $456.98M, surpassing the $442.65M estimate. Earnings increased by 7.81% year-over-year, while sales decreased by 1.90%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:33 pm

HSTM

HealthStream (NASDAQ:HSTM) reported Q2 2024 adjusted EPS of $0.16, beating the estimate of $0.12 by 33.33%. However, sales of $71.556 million missed the estimate of $72.851 million by 1.78%, though they increased by 3.41% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:33 pm

NUE

Nucor (NYSE:NUE) reported Q2 2024 adjusted EPS of $2.68, beating the estimate of $2.35. Sales were $8.08 billion, surpassing the $7.69 billion estimate. However, sales decreased by 15.15% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:32 pm

TUSK

Cobra Acquisitions, a subsidiary of Mammoth Energy Services (NASDAQ:TUSK), has reached a $188 million settlement agreement with the Puerto Rico Electric Power Authority (PREPA). The proceeds will be used to pay off a $49.3 million term credit facility, with the remaining $139.1 million to be reinvested into the business and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 8:32 pm