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PH

Recent unusual options activity for Parker Hannifin (NYSE:PH) indicates a bullish stance from big-money traders, with 8 call options and 1 put option spotted. The stock price has risen by 10.84% to $568.08, and analysts have issued positive ratings with target prices around $600. The next earnings report is imminent.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 8:33 pm

U

Unity Software has revised its FY24 revenue guidance to $1.680 billion to $1.690 billion, which is below the previous estimate of $1.836 billion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:32 pm

U

Unity Software has announced its Q3 revenue forecast to be between $415 million and $420 million, which is below the estimated $439.451 million.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:32 pm

PARA

PARAA

Paramount Global (NASDAQ:PARA) reported Q2 revenue of $6.81 billion, missing the Street consensus of $7.21 billion. Adjusted EPS was 54 cents, higher than last year's 10 cents but not directly comparable. The DTC segment grew 13%, while TV Media and Filmed Entertainment saw declines. Paramount+ revenue increased 46% year-over-year, despite a subscriber drop. The company announced a merger with Skydance Media, expected to close in the first half of 2025.

Portfolio Pulse from Chris Katje

August 08, 2024 | 8:32 pm

ACHR

Archer Aviation reported a GAAP net loss of $106.9 million for Q2.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:32 pm

FIVN

Five9 shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:32 pm

EB

Eventbrite (NYSE:EB) reported Q2 2024 earnings per share (EPS) of $0.01, beating the analyst consensus estimate of $(0.04) by 125%. However, the company's sales of $84.55 million missed the analyst estimate of $86.42 million by 2.17%. This represents a 7.15% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:32 pm

REZI

Resideo Technologies (NYSE:REZI) reported Q2 2024 adjusted EPS of $0.62, beating the $0.50 estimate by 24%. Sales were $1.589 billion, surpassing the $1.534 billion estimate but down 0.81% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:31 pm

RKLB

Rocket Lab USA Inc (NASDAQ:RKLB) reported strong Q2 earnings with revenue of $106.25 million, beating estimates. The company also reported a smaller-than-expected loss per share. Revenue increased by 71% year-over-year, driven by strong demand for launch services and space systems. Rocket Lab expects Q3 revenue between $100 million and $105 million, with an adjusted EBITDA loss of $31 million to $33 million.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 8:30 pm

TXG

10x Genomics has lowered its full-year 2024 sales guidance to a range of $640 million to $660 million, down from the previous range of $670 million to $690 million. This new guidance is below the $663.06 million estimate and represents a 3% to 7% growth over 2023 revenue.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:30 pm