Streetbeat News

Revenues

LBRT

Liberty Energy anticipates a modest decline in total North American completions activity in the second half of the year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:52 pm

LBRT

Liberty Energy (NYSE:LBRT) reported Q2 2024 earnings per share of $0.61, meeting analyst expectations but showing a 29.89% decrease from the previous year. Sales were $1.159 billion, slightly missing the $1.164 billion estimate and down 3.01% from last year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:49 pm

LESL

Leslie’s Inc (NASDAQ:LESL) shares dropped significantly in after-hours trading following the release of preliminary Q3 financial results and a reduction in full-year guidance. The company cited adverse weather conditions and economic pressures as key factors.

Portfolio Pulse from Adam Eckert

July 17, 2024 | 8:48 pm

UNH

UnitedHealth Group announced that Rhode Islanders eligible for Medicaid will have access to UnitedHealthCare services and benefits through 2030.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:42 pm

CNS

Cohen & Steers (NYSE:CNS) reported Q2 earnings of $0.68 per share, beating the analyst estimate of $0.67. Sales were $121.72M, slightly above the $121.48M estimate. Despite the beat, earnings decreased by 2.86% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:37 pm

STLD

Steel Dynamics' Chairman and CEO Mark Millett expressed confidence in solid domestic steel consumption for the second half of 2024. The company expects to benefit from an additional 1.1 million tons of value-added steel products in the second half of this year and fully in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:35 pm

STLD

Steel Dynamics (NASDAQ:STLD) reported Q2 2024 GAAP EPS of $2.72, missing the $2.86 estimate, but sales of $4.632B beat the $4.434B estimate. Sales decreased by 8.85% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:32 pm

FNB

F N B Corporation (NYSE:FNB) reported Q2 earnings of $0.34 per share, missing the analyst estimate of $0.35. Sales were $406.73 million, also below the $408.11 million estimate. Both earnings and sales showed a decline compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:31 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has significantly outperformed the market over the past 10 years, delivering an average annual return of 18.11%. A $1000 investment in ACGL 10 years ago would be worth $5,248.66 today. The company's current market capitalization is $36.75 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 8:30 pm

CWST

Casella Waste Systems (NASDAQ:CWST) has significantly outperformed the market over the past 5 years, delivering an average annual return of 20.7%. A $1000 investment in CWST 5 years ago would now be worth $2,537.07. The company's current market capitalization is $6.20 billion.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 8:30 pm