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FET

Forum Energy Technologies (NYSE:FET) reported Q2 2024 adjusted EPS of $(0.07), missing the $0.04 estimate by 275%. Sales were $205.2M, missing the $209.1M estimate by 1.87%, but up 10.68% from last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:57 pm

CLX

Clorox Company (NYSE:CLX) shares rose after reporting Q2 earnings of $1.82 per share, beating estimates by 16.67%. However, sales missed estimates and decreased by 5.75% year-over-year. Despite challenges, Clorox provided strong forward guidance.

Portfolio Pulse from Erica Kollmann

August 01, 2024 | 9:55 pm

OPEN

Opendoor Technologies Inc (NASDAQ:OPEN) reported Q2 earnings with revenue and EPS beating estimates. However, weak guidance for Q3 due to a slowing housing market led to a 14.6% drop in after-hours trading.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 9:51 pm

INTC

Intel reports that over 15 million Windows AI PCs have been shipped since launch. However, export license restrictions in May impacted Q2 client business in China, and weaker Q3 spending is expected in consumer and enterprise markets, especially in China. Dependence on external wafers for AIPC chip ramp will pressure gross margins, but transitioning Intel 3 and Intel 4 wafers to an Ireland facility saved $1 billion and will improve long-term gross margins. Sequential growth in the data center is expected in H2 as demand for traditional servers improves.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:47 pm

SNAP

Snap Inc. has projected its Q3 2024 revenue to be between $1.335 billion and $1.375 billion, surpassing the estimated $1.25 billion.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:46 pm

AMZN

Amazon's CEO reports lower selling prices as customers opt for cheaper alternatives. Discretionary and high-ticket items like computers and electronics are growing faster than the industry average but slower than in a strong economy. Seller fees are slightly lower than expected due to recent fee adjustments.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:46 pm

PRCT

PROCEPT BioRobotics has projected its FY24 revenue to be $217 million, surpassing the estimated $213.739 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:44 pm

ELME

Elme Communities has projected its FY24 Core Funds From Operations (FFO) to be in the range of $0.91 to $0.95.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:43 pm

HCC

Warrior Met Coal has reaffirmed its capital expenditures for the fiscal year 2024, which are expected to be in the range of $100 million to $110 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:42 pm

DORM

Dorman Products has announced its adjusted EPS for 2024 to be in the range of $6 to $6.20, surpassing the estimated $5.64.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:40 pm