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BLMZ

EW

F

INDV

PBM

TWOU

Indivior PLC (NASDAQ:INDV) shares surged 14.5% in pre-market trading after reporting better-than-expected Q2 earnings and announcing a $100 million share repurchase program. Other notable pre-market movers include Psyence Biomedical Ltd. (NASDAQ:PBM), BloomZ Inc. (NASDAQ:BLMZ), and 2U, Inc. (NASDAQ:TWOU), among others.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 10:36 am

INDV

Indivior shares are trading higher after the company reported better-than-expected Q2 financial results and announced an accelerated $100 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:35 am

VRN

Veren (NYSE:VRN) reported Q2 2024 earnings of C$0.38 per share, beating the analyst estimate of C$0.36. Sales were C$1.136 billion, surpassing the C$1.055 billion estimate. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:35 am

XRX

Xerox Holdings Corp has revised its FY24 revenue guidance, now expecting a decline of 5%-6% in constant currency, compared to the previous estimate of 3%-5%. The company also lowered its adjusted operating margin guidance to at least 6.5% and free cash flow guidance to at least $550 million. These adjustments reflect reductions in non-strategic revenue and higher-than-expected costs.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:34 am

WEX

WEX (NYSE:WEX) reported Q2 2024 adjusted EPS of $3.91, beating the estimate of $3.80, but sales of $673.5M missed the $679.819M estimate. EPS increased by 7.71% YoY, while sales grew by 8.40% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:34 am

MXL

MaxLinear shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:33 am

CMS

CMS Energy has reaffirmed its 2024 adjusted earnings guidance of $3.29 to $3.35 per share, which is in line with the consensus estimate of $3.34.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:33 am

LEA

Lear (NYSE:LEA) reported Q2 2024 adjusted EPS of $3.60, beating the $3.40 estimate, but sales of $6.012 billion missed the $6.036 billion estimate. EPS increased by 8.11% YoY, while sales grew by 0.22% YoY.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:32 am

LUV

Southwest Airlines (NYSE:LUV) reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.51. Sales were $7.40 billion, surpassing the $7.32 billion estimate and showing a 5.16% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:32 am

HAS

Hasbro (NASDAQ:HAS) reported Q2 earnings of $1.22 per share, significantly beating the analyst estimate of $0.78. Sales were $995.30 million, also surpassing the $943.56 million estimate. Despite the beats, sales were down 17.74% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:31 am