Streetbeat News

Revenues

SBGI

Sinclair Broadcast Group (SBGI) has projected its Q3 revenue to be between $742M and $763M, which is lower than the estimated $772.49M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:08 pm

Z

ZG

Zillow's Q2 residential revenue has decreased by 3% YoY, while its rentals revenue has increased by 28%, but is down 17% sequentially.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:07 pm

AAPL

GS

Apple has announced that its Card's savings account, managed by Goldman Sachs, has reached over $10 billion in deposits.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:55 am

EXTR

Extreme Networks reported better-than-expected Q4 financial results and issued Q1 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:48 am

EHC

Encompass Health Corporation reported better-than-expected Q2 financial results and issued FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:46 am

BGC

BGC Group's shares are trading higher following the company's announcement of better-than-expected Q2 financial results and Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:45 am

FTDR

Frontdoor reported better-than-expected Q2 financial results and raised its FY23 revenue guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:44 am

CNDT

Conduent Incorporated reported Q2 revenues of $915 million, beating the analyst consensus of $900 million. The company's Q2 Adjusted EPS of $0.01 also beat the street view of ($0.01) loss. Despite some commercial volumes being impacted by industry softness, increased interest rates positively impacted the BenefitWallet business. The company reiterated its FY23 Adjusted Revenue guidance of $3.70 billion-$3.80 billion.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 11:35 am

TRI

Thomson Reuters Corp (NYSE: TRI) reported Q2 FY23 revenue growth of 2% YoY to $1.65 billion, slightly missing the consensus of $1.66 billion. Organic revenues increased by 5%, driven by recurring revenues. The company's 'Big 3' segments reported organic revenue growth of 7%. Adjusted EPS of $0.84 beat the consensus of $0.77. The company generated $596 million in free cash flow and held $2.86 billion in cash and equivalents. CEO Steve Hasker expressed confidence in AI opportunities. The company expects Q3 organic revenue growth rate to be at the high end of the full year, 5.5% - 6.0%.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:35 am

FMS

Fresenius Medical Care AG (NYSE:FMS) reported a 41% Y/Y increase in Q2 adjusted operating income to €401 million and a 51% jump in adjusted net income to €175 million. The company's revenue increased by 1% to €4.83 billion. Fresenius is on track to achieve sustainable savings of €250-300 million by year-end 2023 and €650 million by year-end 2025. The company expects 2023 operating income to remain flat or slip by up to a low-single-digit percentage.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 11:26 am