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MNST

Monster Beverage (NASDAQ:MNST) reported Q2 2024 earnings per share of $0.41, missing the analyst consensus estimate of $0.47 by 12.77%. The company also reported quarterly sales of $1.90 billion, which missed the estimate of $2.01 billion by 5.63%. Despite the misses, sales increased by 2.48% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:17 pm

RYN

Rayonier (NYSE:RYN) reported Q2 2024 adjusted EPS of $0.02, missing the analyst estimate of $0.14 by 85.71%. Sales were $173.6M, missing the $218.289M estimate by 20.47% and down 16.90% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:16 pm

WBD

Warner Bros. Discovery shares are trading lower following Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:16 pm

BYND

Beyond Meat shares are trading higher following a Q2 revenue beat.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:15 pm

STAA

STAAR Surgical has raised its FY24 outlook for net sales from the previous range of $335M - $340M to a new range of $340M - $345M, surpassing the estimated $339.974M.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:15 pm

MU

NVDA

SMCI

Nvidia shares are trading lower due to a broader downturn in the technology sector, influenced by Super Micro Computer's mixed earnings report. Nvidia has approved Samsung's HBM3E chips for its AI processors, with shipments expected by Q4 2024. The HBM market is projected to grow significantly by 2027.

Portfolio Pulse from Vaishali Prayag

August 07, 2024 | 8:14 pm

AZEK

AZEK shares are trading higher after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:14 pm

JOBY

Joby Aviation reported a Q2 2024 GAAP EPS of $(0.18), which met the analyst consensus estimate.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:13 pm

KVYO

Klaviyo (NYSE:KVYO) reported Q2 2024 adjusted EPS of $0.15, beating the analyst estimate of $0.10 by 50%. The company also reported sales of $222.2 million, surpassing the $212.31 million estimate by 4.66%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:13 pm

Z

Zillow Group (NASDAQ:Z) reported Q2 2024 adjusted EPS of $0.39, beating the estimate of $0.27 by 44.44%. Sales were $572 million, surpassing the $537.588 million estimate and marking a 13.04% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:13 pm