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NOV

NOV (NYSE:NOV) reported Q2 2024 earnings of $0.57 per share, significantly beating the analyst estimate of $0.35. Sales also surpassed expectations, coming in at $2.216 billion versus the $2.193 billion estimate. Both earnings and sales showed notable year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

CTO

CTO Realty Growth (NYSE:CTO) reported Q2 2024 earnings per share of $0.48, surpassing the analyst estimate of $0.39 by 23.08%. The company also reported sales of $28.845 million, beating the estimate of $27.411 million by 5.23%. This marks a 10.74% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:01 pm

BCAB

BioAtla provided updates on its clinical programs and pipeline during its R&D Day, highlighting progress in its therapeutic candidates and future plans.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:42 pm

HUBS

HubSpot (NYSE:HUBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 22.36%. A $100 investment in HUBS 5 years ago would now be worth $272.89. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 9:30 pm

GD

General Dynamics (NYSE:GD) has outperformed the market over the past 20 years with an average annual return of 9.28%, resulting in a $1000 investment growing to $5,817.85. The company currently has a market capitalization of $79.69 billion.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 9:30 pm

SRCE

1st Source (NASDAQ:SRCE) reported Q2 2024 GAAP EPS of $1.49, beating the $1.22 estimate by 22.13%. Sales were $97.415M, surpassing the $94.845M estimate by 2.71%. This represents a 14.62% increase in EPS and a 6.51% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:30 pm

NVDA

SERV

UBER

Serve Robotics Inc (NASDAQ:SERV) shares are experiencing significant gains, driven by NVIDIA Corp's (NASDAQ:NVDA) recent 10% stake in the company. The stock has surged over 500% since the announcement. Serve Robotics, which originated as Postmates' robotics division, went public via a reverse merger. The company also announced new board appointments, including David Goldberg and the reappointment of Uber Technologies Inc (NYSE:UBER) executive Sarfraz Maredia. The trading activity appears to be retail-driven, with increased social media chatter.

Portfolio Pulse from Adam Eckert

July 25, 2024 | 9:27 pm

SBCF

Seacoast Banking (NASDAQ:SBCF) reported Q2 2024 adjusted EPS of $0.36, beating the $0.34 estimate. Sales were $126.608M, slightly above the $126.226M estimate. However, both EPS and sales decreased compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:26 pm

SKX

Skechers USA Inc. (NYSE:SKX) reported its Q2 financial results, missing analyst estimates for both earnings and sales. The company reported earnings of 91 cents per share and sales of $2.16 billion. Despite missing estimates, sales increased by 7.2% year-over-year. The company also announced a $1 billion share repurchase program. Shares are up 1.99% after-hours.

Portfolio Pulse from Erica Kollmann

July 25, 2024 | 9:22 pm

SAM

Boston Beer Company Inc (NYSE:SAM) reported Q2 earnings of $4.39 per share, missing the $5.10 estimate. Sales were $579.1 million, below the $597.333 million estimate. Depletions decreased 4% and shipments decreased 6.4%. Gross margin improved to 46%. The company reaffirmed its full-year guidance of GAAP EPS between $7.00 and $11.00. Shares fell 5% after-hours.

Portfolio Pulse from Erica Kollmann

July 25, 2024 | 9:18 pm