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SDRL

Seadrill (NYSE:SDRL) reported Q2 earnings per share (EPS) of $3.49, significantly beating the analyst estimate of $0.58. This represents a 200.86% increase from the same period last year. Quarterly sales were $375 million, surpassing the $353.50 million estimate but showing a 9.42% decrease from last year's $414 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:09 pm

EHC

Encompass Health has raised its FY24 EPS guidance from $3.86-$4.11 to $3.97-$4.22, compared to the $4.11 estimate. The company also adjusted its revenue guidance from $5.25B-$5.35B to $5.275B-$5.35B, against the $5.31B estimate.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:07 pm

PMTS

CPI Card Group (PMTS) anticipates a mid-single digit increase in net sales for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:05 pm

CLOV

Clover Health Investments Corp. (NASDAQ:CLOV) shares surged after the company reported better-than-expected Q2 earnings and revenue. The company posted earnings of 1 cent per share, beating the expected loss of 5 cents, and revenue of $356.26 million, surpassing the $338.76 million estimate. Insurance revenue grew by 11% year-over-year, and the company raised its full-year insurance revenue guidance.

Portfolio Pulse from Erica Kollmann

August 05, 2024 | 9:05 pm

CRGY

Crescent Energy has announced its capital expenditure (Capex) for the second half of the year, which is expected to be between $460 million and $510 million.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:04 pm

NSA

National Storage Affiliates Trust (NSA) has lowered its FY24 EPS guidance from $1.31-$1.48 to $1.10-$1.17, and its FY24 Core FFO from $2.40-$2.56 to $2.36-$2.44 per share. This adjustment reflects changes in weighted average shares, GAAP accounting, and other factors.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:04 pm

RXST

RxSight has raised its FY24 revenue forecast to $139M - $140M, up from the previous estimate of $132M - $137M, surpassing the consensus estimate of $135.071M. Operating expenses are also expected to increase to $135M - $136M, up from the prior guidance of $126M - $130M, due to higher non-cash stock-based compensation expenses.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:03 pm

IVAC

Intevac shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:03 pm

GSM

Ferroglobe (NASDAQ:GSM) reported Q2 2024 adjusted EPS of $0.13, significantly beating the analyst estimate of $0.05. The company also reported sales of $451.048 million, surpassing the $425.400 million estimate. Despite the positive earnings surprise, sales were down 1.18% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:03 pm

DAVE

Dave shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:01 pm